Structural Holes : The Social Structure of Competition, Paperback / softback Book

Structural Holes : The Social Structure of Competition Paperback / softback

Paperback / softback

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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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