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.

Structural Holes: The Social Structure of Competition

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Paperback / softback by Ronald S. Burt

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Ronald Burt describes the social structural theory of competition that has developed through the last two decades. The contrast between... Read more

    Publisher: Harvard University Press
    Publication Date: 11/08/1995
    ISBN13: 9780674843714, 978-0674843714
    ISBN10: 0674843711

    Number of Pages: 324

    Non Fiction , Business, Finance & Law

    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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