Structural Holes: The Social Structure of Competition
Structural Holes: The Social Structure of Competition

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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.

  • Released: June 30, 2009
  • Author: Ronald S. Burt
  • Rating: 4,3
  • Publisher: Harvard University Press (June 30, 2009)
  • Total Page: 324 pages
  • File Size: 4771 KB

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