Economic networks refer to the connections and relationships between individuals, firms, and other economic actors within an economy.

Economic networks have a significant impact on the functioning of an economy. Businesses that are well-connected will have an advantage over less-connected businesses.

affects the distribution of wealth and power within an economy

Economic network analysis can be used to study a variety of economic phenomena, such as market competition, innovation, and financial stability. Help formulate economic policies and strategies

Economic networks: Supply chains: firms and organizations involved in the production and distribution of goods and services Markets: networks of buyers and sellers who exchange goods and services. Innovation networks: networks of firms, individuals, and other actors that are involved in the creation and diffusion of new ideas and technologies