Strategic alliances as well as networks among firms are big issues in current business practice. The economy is changing from indepedent firms to a network economy. Paul R. Kleindorfer, Yoram (Jerry) Wind and Robert E. Gunther have edited a new book ‘The Network Challenge: Strategy, Profit, and Risk in an Interlinked World’ dedicated to this topic. This book covers 28 original essays include

- C. K. Prahalad on networks as the new locus of competitive advantage

- Russell E. Palmer on leadership in a networked global environment

- Dawn Iacobucci and James M. Salter II on the business implications of social networking

- Franklin Allen and Ana Babus on contagion in financial markets

- Steven O. Kimbrough on artificial intelligence, evolutionary computation, and networks

- Satish Nambisan and Mohan Sawhney on tapping the “global brain” for innovation

- Manuel E. Sosa on coordination networks in product development

- Christophe Van den Bulte and Stefan Wuyts on customer networks

- Christoph Zott and Raphael Amit on using business models to drive network-based strategies

- Yoram (Jerry) Wind, Victor Fung, and William Fung on network orchestration

- Valery Yakubovich and Ryan Burg on network-based HR strategy

- Howard Kunreuther on risk management strategies for an interdependent world

- Paul R. Kleindorfer and Ilias D. Visvikis on integrating financial and physical networks in global logistics

- Witold J. Henisz on network-based political and social risk management

- Boaz Ganor on terrorism networks