Structural Holes: The Social Structure of Competition

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Harvard University Press, 17 nov 1992 - 313 páginas
This work describes the social structural theory of competition that has developed from the 1970s to the 1990s. The contrast between perfect competition and monopoly is replaced with a network image of competition more closely keyed to the actual settings in which people live and work. The theory describes how the network structure of a situation offers competitive advantage to certain players. The basic element in this description 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. The distribution of structural holes in a competitive arena determines the flow of information and control benefits to certain players. Competitive advantage is a matter of access to structural holes.

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The Social Structure of Competition
8
Formalizing the Argument
50
Turning a Profit
82
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