Question: 1. If you were a small chemical company, what concerns would you have about joining Elemica? 2. Elemica provides a community for participants where they

1. If you were a small chemical company, what concerns would you have about joining Elemica?

2. Elemica provides a community for participants where they can transact, coordinate, and cooperate to produce products for less. Yet these firms also compete with one another when they sell chemicals to end-user firms in the automobile, airline, and manufacturing industries. How is this possible?

3. Review the concept of a private industrial network and describe how Elemica illustrates many of the features of such a network.

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