• Value networks are links between individuals or individuals and corporations in which their interaction benefits the group.
  • Members of the value network can buy and sell each other, as well as exchange important and relevant information.
  • Value networks can be displayed in mapping tools through nodes (members) and connectors (relationships).
  • The main benefit of a value network lies in how a business or individual uses resources, the influence and understanding of their network connections.
  • Value networks help their members add value and are made up of internal (eg R&D) and external (eg customers) resources.