Synopsis
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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About the Author
Ronald S. Burt is Professor, Graduate School of Business, University of Chicago.
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Structural Holes : The Social Structure of Competition
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Harvard University Press, 1992
ISBN 10: 067484372X
ISBN 13: 9780674843721
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Structural Holes: The Social Structure of Competition
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ISBN 10: 067484372X
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Structural Holes: The Social Structure of Competition
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Harvard University Press, 1992
ISBN 10: 067484372X
ISBN 13: 9780674843721
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