As the recent financial crisis has showed so dramatically networks exist everywhere. Global inter-linkage of loans and mortgages -- which were intended to distribute risk -- actually ended up spreading it far and wide. Similar network-based impacts are at work in fields as diverse as information security and supply chain management. But while networks create new risks they also generate new opportunities write Paul R. Kleindorfer Yoram (Jerry) Wind and Robert E. Gunther in their new book ”The Network Challenge: Strategy Profit and Risk in an Interlinked World.” In an interview with Knowledge at Wharton Kleindorfer and Wind discuss the themes of many of the 28 essays in their book.

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