Structural Holes Paperback by Ronald Burt

Product Details

• Publisher: Harvard University Press (1995-08-15)
• Language: English
• Paperback: 324 pages
• ISBN-13: 9780674843714
• Item Weight: 368.55 grams
• Dimensions: 0.0 x 0.0 x 0.0 cm

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.

About the Author

Ronald S. Burt is Professor at the University of Chicago Booth School of Business.