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.
- ISBN:
- 9780674843714
- 9780674843714
-
Category:
- Business & management
- Format:
- Paperback
- Publication Date:
-
11-08-1995
- Language:
- English
- Publisher:
- Harvard University Press
- Country of origin:
- United States
- Pages:
- 324
- Dimensions (mm):
- 235x156x19mm
- Weight:
- 0.45kg
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