Structural Holes : : The Social Structure of Competition / / Ronald S. Burt.

• Superior document: Title is part of eBook package: De Gruyter HUP eBook Package Archive 1893-1999
• VerfasserIn: Burt, Ronald S.,
• Place / Publishing House: Cambridge, MA : : Harvard University Press, , [2021]; ©1995
• Year of Publication: 2021
• Language: English
• Physical Description: 1 online resource (324 p.)
• Other title: Frontmatter --; Contents --; Acknowledgments --; Introduction --; 1 The Social Structure of Competition --; 2 Formalizing the Argument --; 3 Turning a Profit --; 4 Getting Ahead --; 5 Player-Structure Duality --; 6 Commit and Survive --; 7 Strategic Embedding and Institutional Residue --; Notes --; References --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9780674029095; 9783110442212
• DOI: 10.4159/9780674029095
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Ronald S. Burt.

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.