Structural Holes: The Social Structure of Competition / Edition 1

Structural Holes: The Social Structure of Competition / Edition 1

by Ronald S. Burt
     
 

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ISBN-10: 0674843711

ISBN-13: 9780674843714

Pub. Date: 08/28/1995

Publisher: Harvard


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

Overview


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.

Product Details

ISBN-13:
9780674843714
Publisher:
Harvard
Publication date:
08/28/1995
Edition description:
Reprint
Pages:
324
Product dimensions:
6.12(w) x 9.25(h) x (d)

Table of Contents

Acknowledgments

Introduction

1. THE SOCIAL STRUCTURE OF COMPETITION

Opportunity and Capital

Information

Structural Holes

Control and the Tertius Gaudens

Entrepreneurs

Secondary Holes

Structural Autonomy

Summary

2. FORMALIZING THE ARGUMENT

Network Data

Redundancy

Constraint

Hole Signature

Structural Autonomy

Summary

3. TURNING A PROFIT

Product Networks and Market Profit

The Study Population

Hole Effects

Market Hole Signatures

Summary

Appendix: Weighing Alternatives

4. GETTING AHEAD

Contact Networks and Manager Achievement

The Study Population

Hole Effects

Hierarchy

Institutional Holes

Selecting a Network

Summary

Appendix A: Weighing Alternatives

Appendix B: Causal Order

5. PLAYER-STRUCTURE DUALITY

Structural Unit of Analysis

Players and Structures

Escape from Attributes

No Escape

Summary

6. COMMIT AND SURVIVE

Holes and Heterogeneity

Interface and the Commit Hypothesis

Population Ecology and the Survival Hypothesis

Summary

7. STRATEGIC EMBEDDING AND INSTITUTIONAL RESIDUE

The Other Tertius

Strategy Hypothesis

Formal Organization as Social Residue

Personality as Emotional Residue

Summary

Notes

References

Index

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