Governance of Virtual Networks: Case of Living and Virtual Laboratories

Governance of Virtual Networks: Case of Living and Virtual Laboratories

Brane Semolic (University of Maribor, Slovenia) and Jure Kovac (Organizational Sciences University of Maribor, Slovenia)
DOI: 10.4018/978-1-61520-965-1.ch802
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Abstract

Technological and organizational excellence is the key element for business success in a modern business environment. In contemporary business environments, companies will restore and keep their competition capability not only by optimizing their own potentials, but mainly by utilizing capability of foreign resources and their connection to complete business process in the so called network organizations. Virtual organizations are a special form of network organizations. Among virtual organizations the so called Living Laboratory takes place. This chapter presents the findings of the research regarding the state of development and application of laser living laboratory management and governance system in Toolmakers Cluster of Slovenia.

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