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

Structural Holes

The Social Structure of Competition

By: Ronald S. Burt

Paperback | 11 August 1995 | Edition Number 1

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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.

Industry Reviews
The theoretical ideas in [Structural Holes] are bold, creative and parsimonious... there is superb handling of data. Both in his theorizing and in his methodology, in all brevity, Burt displays that rare quality which C. Wright Mills termed 'the sociological imagination'. -- Richard Swedberg Acta Sociologica In this well-crafted and rich volume, Ronald Burt provides an integration of his previous network studies that makes a substantial contribution to research on the social structure of economic phenomena...The book succeeds on several levels. -- Mark Shanley American Journal of Sociology Structural Holes proves that basic and applied research, micro and macro levels of analysis, and parsimonious and opulent theorizing are not mutual exclusions. -- Barry Markovsky Contemporary Sociology A major contribution to structural sociology that will stimulate the imaginations of scholars in disciplines as diverse as sociology, economics, strategy, and marketing. -- George M. Zinkhan Journal of Marketing

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