Structural Holes
| Author | : Ronald S. Burt |
| Publisher | : Harvard University Press |
| Total Pages | : 325 |
| Release | : 2009-06-30 |
| ISBN-10 | : 9780674029095 |
| ISBN-13 | : 0674029097 |
| Rating | : 4/5 (097 Downloads) |
Download or read book Structural Holes written by Ronald S. Burt and published by Harvard University Press. This book was released on 2009-06-30 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
