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{{Use dmy dates|date = September 2015}}
There is no agreed definition of value network. A general definition that subsumes the other definitions is that a '''value network''' is a
== Definitions ==
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=== Christensen ===
[[Clayton Christensen]] defines a value
<blockquote>
"The collection of upstream [[suppliers]], downstream [[Marketing channel|channels to market]], and ancillary providers that support a common [[business model]] within an industry. When would-be disruptors enter into existing value networks, they must adapt their business models to conform to the value network and therefore fail at disruption because they become co-opted."<ref>[[Clayton Christensen|Christensen, C.]]; ''The Innovator's Dilemma: The Revolutionary Book that Will Change the Way You Do Business'', Collins Business Essentials, page 296</ref>
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Their value networks consist of the following components:
* [[Customer|customers]]
* a
* an [[organization]] to provide the
* contracts that enable access to the
One example of a value network is that formed by [[social media]] users. The company provides a service, users [[contract]] with the
A less obvious example is a
Fjeldstad & Stabell and Christensen's concepts address how a company understands itself and its value creation process, but they are not identical. Christensen's value networks address the relation between a company and its suppliers and the requirements posed by the customers, and how these interact when defining what represents value in the product that is produced.
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=== Normann and Ramirez: Value constellations ===
Normann and Ramirez argued in 1993 that strategy is not a fixed set of activities along a value chain<ref>[http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/articles/article.jsp?ml_action=get-article&ml_issueid=3934&articleID=93408&pageNumber=1 Online HBS Version Normann, R. and Ramírez, R. ''From Value Chain to Value Constellation: Designing Interactive Strategy''], [[Harvard Business Review]], 71, July/August 1993, pp. 65–77</ref>. Instead the focus should be on the value creating
=== Verna Allee: Value networks ===
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