Network Governance refers to the way organizations and stakeholders collaborate to make decisions and manage resources within a network. It emphasizes cooperation, shared responsibilities, and collective problem-solving among various entities, such as businesses, government agencies, and non-profits. This approach helps to address complex issues that require input from multiple perspectives.
In Network Governance, communication and trust are essential for effective collaboration. Participants often use digital platforms to share information and coordinate actions, ensuring that all voices are heard. This model can lead to more innovative solutions and improved outcomes, as it leverages the strengths and expertise of diverse contributors.