network of firms

USAGE SUMMARY

The phrase "network of firms" is correct and usable in written English.
It can be used to describe a group of interconnected businesses or companies that collaborate or share resources. Example: "The network of firms in the tech industry has fostered innovation and growth through collaboration and shared expertise."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

12 human-written examples

State records from a network of firms associated with G-Con also list Mr. McHale, the longtime Democratic donor, as an officer.

The New York Times

In a Florida case, the lawyer for BDO International, which is the coordinating entity for BDO's international network of firms, persuaded a judge to rule that the international firm, which is based in the Netherlands, had no responsibility for a bad audit performed by BDO Seidman, the American affiliate.

The New York Times

It has a network of firms with sophisticated supply chains, multiple design and engineering skills, intimate knowledge of their production processes and the willingness to leap into action if asked to scale up production.What Shenzhen provides, in other words, is a successful industrial cluster.

The Economist

A survey conducted late last year on behalf of Business for Social Responsibility, a global network of firms with an interest in CSR, showed that almost a third expected their spending on sustainability to fall as a result of the crisis.

The Economist

Effectual firms make strategic decisions based on resources and knowledge they can interactively use within a network of firms.

Journal of Organization Design

In this paper, we abstract and model an innovation ecosystem as a network of firms connected by their technological dependences and assess its evolvability in the framework of the NK model.

Technological Forecasting and Social Change

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

These are technically networks of firms, rather than single global entities.

The Economist

In some ways they resemble the nimble networks of firms that underpinned Silicon Valley's success.Low labour costs may have given such firms a head start, but that is a transitory advantage.

The Economist

For generations its economy has relied on dense networks of firms, most of them small and middling family concerns, that clustered together and created wealth by mid-level manufacturing of goods such as clothing and shoes.

The Economist

The City also faces a fundamental set of challenges: are its skills and history, its networks of firms and the liquidity of its markets enough to keep it the world's pre-eminent international financial centre, even as the weight of global economic activity shifts to Asia?Dividing the houseRegulators are naturally obsessed with the financial crisis of 2008-09.

The Economist

In general, governments have been reluctant to endorse specific innovations and the surrounding networks of firms and research centres.

European Journal of Futures Research

Expert writing Tips

Best practice

When using "network of firms", ensure that the context clearly indicates the nature of the connection and collaboration between the firms. For example, specify if it's a supply chain network, a research collaboration, or a strategic alliance.

Common error

Don't assume the reader understands the relationship between the firms. Always clarify the purpose and structure of the "network of firms" to avoid confusion.

Linguistic Context

The phrase "network of firms" functions as a noun phrase, typically serving as the subject or object of a sentence. It identifies a group of interconnected businesses. As Ludwig AI confirms, it's usable in written English. Examples from Ludwig showcase it describing various business arrangements.

Expression frequency: Common

Frequent in

News & Media

42%

Science

42%

Formal & Business

16%

Less common in

Ludwig's WRAP-UP

The phrase "network of firms" is a grammatically sound and commonly used noun phrase to describe interconnected businesses. As noted by Ludwig AI, it is appropriate for describing various collaborations and alliances across industries. While the phrase is generally acceptable, ensuring clarity about the specific relationships within the network is crucial. The phrase appears frequently in News & Media and Science contexts, suggesting a relatively formal and neutral register. When writing about business relationships and company alliances, consider "network of firms" as a concise option, ensuring the context defines the collaboration and structure of the described relationship.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

business network

This alternative is shorter and focuses on the network aspect of the business.

corporate alliance

This alternative emphasizes the alliance aspect of the firms.

enterprise ecosystem

This alternative refers to the firms as parts of a broader ecosystem.

business consortium

This alternative highlights the collaborative nature of the firms.

affiliated companies

This alternative is more direct, simply pointing out the affiliation.

interconnected businesses

This alternative explicitly states the connection between the businesses.

strategic partnership

This alternative suggests the firms are in a partnership, but with a goal.

collaborative enterprises

This emphasizes that the firms are working together.

group of companies

This alternative is a broader term for multiple companies.

supply chain network

This alternative focuses specifically on firms in the supply chain.

FAQs

How can I use "network of firms" in a sentence?

You can use "network of firms" to describe a group of interconnected businesses or companies that collaborate or share resources. For example: "The network of firms in the tech industry has fostered innovation and growth through collaboration and shared expertise."

What are some alternatives to "network of firms"?

Alternatives include "business network", "corporate alliance", or "enterprise ecosystem" depending on the context.

What is the difference between "network of firms" and "supply chain network"?

"Network of firms" is a general term for interconnected businesses. "Supply chain network" refers specifically to firms involved in the production and distribution of goods. The first is more general, the second more specific.

In what context is it appropriate to use the phrase "network of firms"?

It's appropriate to use the phrase "network of firms" in business, economics, and academic settings to describe interconnected companies. The phrase is relevant whenever describing collaborations, alliances, or ecosystems of related companies.