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Structural Holes: The Social Structure of Competition by Ronald S. Burt 9780674843714

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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.

Book Information
ISBN 9780674843714
Author Ronald S. Burt
Format Paperback
Page Count 324
Imprint Harvard University Press
Publisher Harvard University Press
Weight(grams) 454g

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