Value Network Development Model Through Cooperation Strategy Approach: Theoretical Review & Proposed Model for Universities

Abstract

Drawing upon the literature of Strategic Management, this research advances our understanding by proposing a novel, systematic approach for the application and deployment of the emergent Cooperation & Development Model (CDM). This model presents a comprehensive framework for universities seeking to develop their own value networks. The intellectual and philosophical underpinnings of the research were established through a review of literature focused on the diagnostic dimensions of successful cooperation strategies for value network development. In this theoretical study, a conceptual and analytical model for value-creating networks was developed. The model is comprised of four critical elements: Balance, Communication, Adaptation, and Coordination. The findings suggest that the adoption of this model could offer universities enhanced opportunities to improve their responses to dynamic environments, while reducing costs and discrepancies in service delivery. Furthermore, the study advocates that universities should prioritise the integration of capabilities and resource reconfiguration, with careful scheduling of these decisions in alignment with the developmental needs of the sectors in which they operate.