Article Abstract

	Title:	The strategic virtual corporation: bridging the experience gap
	Author:	Christoph Lattemann, Soren Kupke
	Address:	Corporate Governance and E-Commerce, University of Potsdam, August-Bebel-Str. 89, 14482 Potsdam, Germany. ' Corporate Governance and E-Commerce, University of Potsdam, August-Bebel-Str. 89, 14482 Potsdam, Germany
	Journal:	International Journal of Web Based Communities 2007 - Vol. 3, No.1  pp. 4 - 15
	Abstract:	As the knowledge drain in virtual organisations is much more significant than in traditional companies, an 'experience gap' between virtual corporations and traditional organisations may emerge over time. Hence, the often postulated advantage of the 'best-of-everything' organisation turns to a disadvantage. As a consequence, virtual corporations have to develop strategies to minimise the drain of experience in between their different projects. On an analytical base, this contribution depicts a new organisational concept for efficient project-based collaboration among value-creation partners to cope with problems such as knowledge drain, financial drain and inefficient learning processes in virtual organisations. Referring to the theoretical concepts of virtual corporations, Porter's value chain and the approach of the resource-based view, a new approach for the collaboration among business partners can be derived, which combines the advantage of loosely coupled organisations with traditional forms of collaborations. The new organisational concept is named 'Strategic Virtual Organisation'.
	Keywords:	virtual enterprise; experience curve; experience gap; strategic virtual corporation; project-based collaboration; value creation; knowledge drain; financial drain; inefficient learning; value chain; resource-based view; web based communities.
	DOI:	10.1504/IJWBC.2007.013770
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