Structural Holes: The Social Structure of Competition

• Author: Ronald Burt
• ISBN 10: 0674843711
• ISBN 13: 9780674843714
• Release: August 11, 1995
• Format: Paperback (324 pages)
• List Price: $26.00
• More Details
  
  

  List Price: $26.00

  Tags: Business & Investing, General,

  Book Description:
  Ronald Burt describes the social structural theory of competition that has developed through the last two decades. The contrast between perfect competition and monopoly is replaced with a network model of competition. The basic element in this account is the structural hole: a gap between two individuals with complementary resources or information. When the two are connected through a third individual as entrepreneur, the gap is filled, creating important advantages for the entrepreneur. Competitive advantage is a matter of access to structural holes in relation to market transactions.

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