Creation process for virtual firm value chain

Abstract

Virtual firm comprised of separate entities and their selected processes creates its own value chain from the corresponding value chain parts of participating stakeholders. If we select and combine different processes of stakeholder's value chains into virtual firm, the created final value will be different. The concept of a virtual firm can become an effective "tool" through which enterprises can cooperate with one another to increase their competitiveness. The main goal of paper is to identify and describe the basic steps, to define the basic conditions and discus restrictions of each stages of effective value chain creation process. As a result should be presented a complete methodology for virtual firm value chain creation.