SUSANNE ÅBERG Department of Business Studies, Uppsala University, SwedenMARIA ADENFELT Department of Business Studies, Uppsala University, Sweden ULF ANDERSSON Department of Business Studies, Uppsala University, SwedenENRICO BARALDI Department of Business Studies, Uppsala University, SwedenANNA BENGSTON Department of Business Studies, Uppsala University, SwedenMARIA BENGTSSON Department for Business Administration, Umeå University, SwedenBJÖRN BERGGREN Department of Business Studies, Uppsala University, SwedenDESIREÉ BLANKENBURG HOLM Department of Business Studies, Uppsala University, SwedenFANG LEE COOKE Manchester Business School, The University of Manchester, UKPAVLOS DIMITRATOS University of Strathclyde and University of Glasgow, UKCARIN ERIKSSON Department of Business Studies, Uppsala University, SwedenJESSICA ERIKSSON Department for Business Administration, Umeå University, SwedenJUKKA HOHENTHAL Department of Business Studies, Uppsala University, SwedenMARTIN JOHANSON Department of Business Studies, Uppsala University, SwedenMARIAN V. JONES University of Strathclyde and University of Glasgow, UKSÖREN KOCK Hanken, Swedish School of Economics and Business Administration, FinlandKATARINA LAGERSTRÖM Department of Business Studies, Uppsala University, Sweden JESSICA LINDBERGH Department of Business Studies, Uppsala University, SwedenJAN LINDVALL Department of Business Studies, Uppsala University, SwedenMAGNUS PERSSON Department ofBusiness Studies, Uppsala University, SwedenCECILIA PAHLBERG Department of Business Studies, Uppsala University, Sweden LARS SILVER Department of Business Studies, Uppsala University, SwedenBENJAMIN STÅHL Department of Business Studies, Uppsala University, SwedenPETER THILENIUS Mälardalens Business School, SwedenTORKEL WEDIN Stockholm School of Economics, SwedenMOHAMMED YAMIN Manchester Business School, The University of Manchester, UK

• List of Figures List of Tables LIst of Contributors INTRODUCTION; A. Hadjikhani, P. Ghauri and J. Johanson PART 1: OPPORTUNITY DEVELOPMENT IN BUSINESS NETWORKS: CONCEPTUAL DEVELOPMENT Opportunities, Relational Embeddedness and Network Structure; U. Andersson, D. B. Holm and M. Johanson The Importance of Competition and Cooperation for the Exploration of Innovation Opportunities; M. Bengtsson, J. Eriksson and S. Kock International Entrepreneurial Culture, International Opportunity Perception and Pattern of International Exploitation: Towards an Integrated Model; P. Dimitratos and M. V. Jones Subsidiary Business Networks and Opportunity Development in Multinational Enterprises: A Comparison of the Influence of Internal and External Business Networks; M. Yamin Value Processes in Industrial Networks: Identifying the Creation of Realization of Value; M. Johanson and T. Wedin PART 2: OPPORTUNITY DEVELOPMENT IN INTERNATIONAL BUSINESS Business Opportunities, Subsidiaries, and Entrepreneurial Activity; C. Pahlberg and M. Persson International Experience and the Recognition of Business Opportunities in Foreign Markets - A Study of SME's International Experience and Choice of Location; J. Hohenthal and J. Lindbergh Opportunities of Being Multinational: A Study of Organizational Rejuvenation, Relationships and Knowledge; M. Adenfelt and K. Lagerström Learning Across the Border? Innovations, Knowledge Sharing and Business Opportunities in MNCs; F. L. Cooke Network Opportunities and Obstacles in Mergers and Acquisitions: The Role of Resource Embeddedness; E. Baraldi and T. Wedin Reputation as Opportunity and Risk; C. Eriksson and J. Lindvall PART 3: OPPORTUNITY DEVELOPMENT AND NETWORKS The Role of Business Opportunity Mediators in the Entrepreneurial Process; B. Berggren & L. Silver Opportunity Development for Ongoing Business Relationships; C. Pahlberg and P. Thilenius Opportunities and Obstacles in Using IT Systems: Embedding Movex in Edsbyn's Resource Network; E. BaraldiCreating New Opportunities from Old Resources through Contextually Determined Information Asymmetries; A. Bengston and S. Åberg The Emergence and Exploitation of Opportunities in Business Networks; B. Ståhl Epilogue: Opportunity Development in Business Networks; A. Hadjikhani and J. Johanson Index

SUSANNE ÅBERG Department of Business Studies, Uppsala University, SwedenMARIA ADENFELT Department of Business Studies, Uppsala University, Sweden ULF ANDERSSON Department of Business Studies, Uppsala University, SwedenENRICO BARALDI Department of Business Studies, Uppsala University, SwedenANNA BENGSTON Department of Business Studies, Uppsala University, SwedenMARIA BENGTSSON Department for Business Administration, Umeå University, SwedenBJÖRN BERGGREN Department of Business Studies, Uppsala University, SwedenDESIREÉ BLANKENBURG HOLM Department of Business Studies, Uppsala University, SwedenFANG LEE COOKE Manchester Business School, The University of Manchester, UKPAVLOS DIMITRATOS University of Strathclyde and University of Glasgow, UKCARIN ERIKSSON Department of Business Studies, Uppsala University, SwedenJESSICA ERIKSSON Department for Business Administration, Umeå University, SwedenJUKKA HOHENTHAL Department of Business Studies, Uppsala University, SwedenMARTIN JOHANSON Department of Business Studies, Uppsala University, SwedenMARIAN V. JONES University of Strathclyde and University of Glasgow, UKSÖREN KOCK Hanken, Swedish School of Economics and Business Administration, FinlandKATARINA LAGERSTRÖM Department of Business Studies, Uppsala University, Sweden JESSICA LINDBERGH Department of Business Studies, Uppsala University, SwedenJAN LINDVALL Department of Business Studies, Uppsala University, SwedenMAGNUS PERSSON Department ofBusiness Studies, Uppsala University, SwedenCECILIA PAHLBERG Department of Business Studies, Uppsala University, Sweden LARS SILVER Department of Business Studies, Uppsala University, SwedenBENJAMIN STÅHL Department of Business Studies, Uppsala University, SwedenPETER THILENIUS Mälardalens Business School, SwedenTORKEL WEDIN Stockholm School of Economics, SwedenMOHAMMED YAMIN Manchester Business School, The University of Manchester, UK

• List of Figures List of Tables LIst of Contributors INTRODUCTION; A. Hadjikhani, P. Ghauri and J. Johanson PART 1: OPPORTUNITY DEVELOPMENT IN BUSINESS NETWORKS: CONCEPTUAL DEVELOPMENT Opportunities, Relational Embeddedness and Network Structure; U. Andersson, D. B. Holm and M. Johanson The Importance of Competition and Cooperation for the Exploration of Innovation Opportunities; M. Bengtsson, J. Eriksson and S. Kock International Entrepreneurial Culture, International Opportunity Perception and Pattern of International Exploitation: Towards an Integrated Model; P. Dimitratos and M. V. Jones Subsidiary Business Networks and Opportunity Development in Multinational Enterprises: A Comparison of the Influence of Internal and External Business Networks; M. Yamin Value Processes in Industrial Networks: Identifying the Creation of Realization of Value; M. Johanson and T. Wedin PART 2: OPPORTUNITY DEVELOPMENT IN INTERNATIONAL BUSINESS Business Opportunities, Subsidiaries, and Entrepreneurial Activity; C. Pahlberg and M. Persson International Experience and the Recognition of Business Opportunities in Foreign Markets - A Study of SME's International Experience and Choice of Location; J. Hohenthal and J. Lindbergh Opportunities of Being Multinational: A Study of Organizational Rejuvenation, Relationships and Knowledge; M. Adenfelt and K. Lagerström Learning Across the Border? Innovations, Knowledge Sharing and Business Opportunities in MNCs; F. L. Cooke Network Opportunities and Obstacles in Mergers and Acquisitions: The Role of Resource Embeddedness; E. Baraldi and T. Wedin Reputation as Opportunity and Risk; C. Eriksson and J. Lindvall PART 3: OPPORTUNITY DEVELOPMENT AND NETWORKS The Role of Business Opportunity Mediators in the Entrepreneurial Process; B. Berggren & L. Silver Opportunity Development for Ongoing Business Relationships; C. Pahlberg and P. Thilenius Opportunities and Obstacles in Using IT Systems: Embedding Movex in Edsbyn's Resource Network; E. BaraldiCreating New Opportunities from Old Resources through Contextually Determined Information Asymmetries; A. Bengston and S. Åberg The Emergence and Exploitation of Opportunities in Business Networks; B. Ståhl Epilogue: Opportunity Development in Business Networks; A. Hadjikhani and J. Johanson Index

SUSANNE ÅBERG Department of Business Studies, Uppsala University, SwedenMARIA ADENFELT Department of Business Studies, Uppsala University, Sweden ULF ANDERSSON Department of Business Studies, Uppsala University, SwedenENRICO BARALDI Department of Business Studies, Uppsala University, SwedenANNA BENGSTON Department of Business Studies, Uppsala University, SwedenMARIA BENGTSSON Department for Business Administration, Umeå University, SwedenBJÖRN BERGGREN Department of Business Studies, Uppsala University, SwedenDESIREÉ BLANKENBURG HOLM Department of Business Studies, Uppsala University, SwedenFANG LEE COOKE Manchester Business School, The University of Manchester, UKPAVLOS DIMITRATOS University of Strathclyde and University of Glasgow, UKCARIN ERIKSSON Department of Business Studies, Uppsala University, SwedenJESSICA ERIKSSON Department for Business Administration, Umeå University, SwedenJUKKA HOHENTHAL Department of Business Studies, Uppsala University, SwedenMARTIN JOHANSON Department of Business Studies, Uppsala University, SwedenMARIAN V. JONES University of Strathclyde and University of Glasgow, UKSÖREN KOCK Hanken, Swedish School of Economics and Business Administration, FinlandKATARINA LAGERSTRÖM Department of Business Studies, Uppsala University, Sweden JESSICA LINDBERGH Department of Business Studies, Uppsala University, SwedenJAN LINDVALL Department of Business Studies, Uppsala University, SwedenMAGNUS PERSSON Department ofBusiness Studies, Uppsala University, SwedenCECILIA PAHLBERG Department of Business Studies, Uppsala University, Sweden LARS SILVER Department of Business Studies, Uppsala University, SwedenBENJAMIN STÅHL Department of Business Studies, Uppsala University, SwedenPETER THILENIUS Mälardalens Business School, SwedenTORKEL WEDIN Stockholm School of Economics, SwedenMOHAMMED YAMIN Manchester Business School, The University of Manchester, UK

• List of Figures List of Tables LIst of Contributors INTRODUCTION; A. Hadjikhani, P. Ghauri and J. Johanson PART 1: OPPORTUNITY DEVELOPMENT IN BUSINESS NETWORKS: CONCEPTUAL DEVELOPMENT Opportunities, Relational Embeddedness and Network Structure; U. Andersson, D. B. Holm and M. Johanson The Importance of Competition and Cooperation for the Exploration of Innovation Opportunities; M. Bengtsson, J. Eriksson and S. Kock International Entrepreneurial Culture, International Opportunity Perception and Pattern of International Exploitation: Towards an Integrated Model; P. Dimitratos and M. V. Jones Subsidiary Business Networks and Opportunity Development in Multinational Enterprises: A Comparison of the Influence of Internal and External Business Networks; M. Yamin Value Processes in Industrial Networks: Identifying the Creation of Realization of Value; M. Johanson and T. Wedin PART 2: OPPORTUNITY DEVELOPMENT IN INTERNATIONAL BUSINESS Business Opportunities, Subsidiaries, and Entrepreneurial Activity; C. Pahlberg and M. Persson International Experience and the Recognition of Business Opportunities in Foreign Markets - A Study of SME's International Experience and Choice of Location; J. Hohenthal and J. Lindbergh Opportunities of Being Multinational: A Study of Organizational Rejuvenation, Relationships and Knowledge; M. Adenfelt and K. Lagerström Learning Across the Border? Innovations, Knowledge Sharing and Business Opportunities in MNCs; F. L. Cooke Network Opportunities and Obstacles in Mergers and Acquisitions: The Role of Resource Embeddedness; E. Baraldi and T. Wedin Reputation as Opportunity and Risk; C. Eriksson and J. Lindvall PART 3: OPPORTUNITY DEVELOPMENT AND NETWORKS The Role of Business Opportunity Mediators in the Entrepreneurial Process; B. Berggren & L. Silver Opportunity Development for Ongoing Business Relationships; C. Pahlberg and P. Thilenius Opportunities and Obstacles in Using IT Systems: Embedding Movex in Edsbyn's Resource Network; E. BaraldiCreating New Opportunities from Old Resources through Contextually Determined Information Asymmetries; A. Bengston and S. Åberg The Emergence and Exploitation of Opportunities in Business Networks; B. Ståhl Epilogue: Opportunity Development in Business Networks; A. Hadjikhani and J. Johanson Index