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    http://../Music/Indonesia/Samsons%20-%20Kenangan%20Terindah.mp3
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    An extended group of people withsimilar interests or concerns who

    interact and remain in informalcontact for mutual assistance or

    support.

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    In information technology, a networkis a series of points or nodes

    interconnected by communicationpaths. Networks can interconnectwith other networks and contain

    subnetworks.

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    Something resembling an openworkfabric or structure in form or concept,

    especially, a complex, interconnectedgroup or system

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    ORK ANYTHING MORE THAN

    PEOPLE KNOW

    A network is not only about knowing people in

    the society.It has boundaries and has costs associated with

    it to enter and exit. You have to be willing toshare information. You also have to be able to

    maintain boundaries.

    These networks have constrains as well as

    advantages.

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    1) Electrical network

    An interconnection of electrical elements suchas resistors, inductors, capacitors.

    2) Biological neural networkA population of physically interconnected neurons or a

    whose inputs or signalling targets

    3) Social network A social structure made up of individuals (or

    organizations) called "nodes", which are tied (connected)by one or more specific types of interdependency, suchas friendship, kinship, common interest, financialexchange, dislike, sexual relationships, or relationshipsof beliefs, knowledge or prestige.

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    4) Business networking

    A socioeconomic activity by which groups of like-mindedbusiness people recognize, create, or act upon businessopportunities..

    5) Radio network -

    A network system which distributes programming tomultiple stations simultaneously for coverage beyond the

    limits of a single broadcast signal.

    6) Telecommunications network

    A collection of terminals, links and nodes which connecttogether to enable telecommunication between users ofthe terminals.

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    Network not necessarily people

    knowing each other. It can beanything as long as they link toeach other by any means

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    Why might there be advantages in

    being at the edge of a networkrather than in the

    centre?

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    1.Tacit knowledge flows effortlessly fromperson to person. What is Tacit

    knowledge?It is knowledge that is difficult to transferto another person by means of writing it

    down or verbalising it.

    Example: the ability to speak a languageor use algebra is based on explicit

    knowledge but is difficult to explicitlytransfer to users.

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    2. Ability to employ specialised labour.People in that area are skilled and alreadytrained to do the job. This saves time and

    money for the business. Also because theskilled workers understand that there aregood prospects for the industry in that

    region

    3. There are many beneficial facilitiesdeveloped in the region. Example:

    Technical education institutes, Publicservices ( well-integrated transport).

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    1. Everyone is specialised in one product.

    2. The industry lacks variety.

    3. The industry is in pressure due the presence

    of political institutions

    4. Makes it difficult for other industries tocreate a base in that network- the workers will

    only be specialised in skills relevant to that one

    product.

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    5. The policy-making institutions areheavily dependant that industry alone.This can be disastrous if the industry

    collapses.

    6. Few services available for othereconomic activities

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    1.Have various options. You are not restricted toonly one type of network.

    2.If other networks are available which are more

    beneficial then you can easily merge with them,which might not be so easy for firm deeplyembedded in a particular network.

    3.There are little costs of entering & exiting theindustry.

    4. Less pressure due to high expectation

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    1.No chance for shared learning with other firms

    2.No local tacit knowledge

    3.Few dedicated services

    4. Lack specialisation of labour

    5. No political presence

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    Advantages of being in the centre Advantages of being in the edge

    1.Tacit knowledge 1.Have various options

    2. Availability of specialised labour 2.can easily merge with other

    networks which bring more benefitsfrom the previous networks

    3.There are many beneficial facilitiesand services

    3.There are little costs of entering &exiting the industry.

    4.Less pressure due to highexpectation

    5.Makes a firm marginal

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    Disadvantages of being in thecentre

    Disadvantages of being in theedge

    1. Everyone is specialised in one product 1.No chance for shared learning withother firms

    2. The industry lacks variety. 2.No local tacit knowledge

    3. The industry is in pressure due the

    presence of political institutions

    3.Few dedicated services

    4. Makes it difficult for other industries tocreate a base in that network

    4. Lack specialisation of labour

    5. Few services available for other economic

    activities

    5. No political presence

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    THE END

    ALL

    FROM US