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Structural Holes: The Social Structure of Competition,New
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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.
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- Q: What is the main concept of 'Structural Holes: The Social Structure of Competition'? A: The main concept of this book is the theory of structural holes, which describes gaps between individuals with complementary resources or information. The author, Ronald Burt, explains how filling these gaps can create competitive advantages.
- Q: Who is the author of this book? A: The author of 'Structural Holes: The Social Structure of Competition' is Ronald S. Burt.
- Q: When was this book published? A: This book was published on August 11, 1995.
- Q: What is the condition of the book? A: The book is listed as 'Used Book in Good Condition'.
- Q: How many pages does this book have? A: The book contains 323 pages.
- Q: What is the binding type of the book? A: The book is available in paperback binding.
- Q: Is this edition of the book a first edition? A: Yes, this is the 1st Paperback Edition of the book.
- Q: What topics does this book cover? A: The book covers topics related to competition, social structure, and the significance of networks in market transactions.
- Q: Can this book help in understanding market competition? A: Yes, it provides a new perspective on market competition through the lens of social structures and networks.
- Q: Is this book suitable for beginners in economics? A: While it offers valuable insights, readers with some background in economics may benefit more from its concepts.