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Title:Corporate Profits and Cooptation: Networks of Market Constraints and Directorate Ties in the American Economy
Format Type:Ebook
Author:
Publisher:Academic Press
ISBN:0121471802
ISBN 13:
Number of Pages:331
Category:Manga

Corporate Profits and Cooptation: Networks of Market Constraints and Directorate Ties in the American Economy by Ronald S. Burt

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Structural Holes: The Social Structure of Competition, Applied Network Analysis: A Methodological Introduction, Brokerage and Closure: An Introduction to Social Capital, Neighbor Networks: Competitive Advantage Local and Personal, Social Capital: Theory and Research, Brokerage and Closure: An Introduction to Social Capital (Clarendon Lectures in Management Studies), Corporate Profits and Cooptation: Networks of Market Constraints and Directorate Ties in the American Economy
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, There is a moral to this book which was awarded the George R Terry Book Award a bit of Confucian wisdom often ignored in social network analysis Worry not that no one knows you seek to be worth knowing br This advice is contrary to the usual social network emphasis on securing relations with well connected people Neighbor Networks examines the cases of analysts bankers and managers and finds that rewards in fact do go to people with well connected colleagues Look around your organization The individuals doing well tend to be affiliated with well connected colleagues br However the advantage obvious to the naked eye is misleading It disappears when an individual s own characteristics are held constant Well connected people do not have to affiliate with people who have nothing to offer This book shows that affiliation with well connected people adds stability but no advantage to a person s own connections Advantage is concentrated in people who are themselves well connected br This book is a trail of argument and evidence that leads to the conclusion that individuals make a lot of their own network advantage The social psychology of networks moves to center stage and personal responsibility emerges as a key theme In the end the social is affirmed but with an emphasis on individual agency and the social psychology of networks The research gives new emphasis to Coleman s initial image of social capital as a forcing function for human capital br This book is for academics and researchers of organizational and network studies interested in a new angle on familiar data and as a supplemental reading in graduate courses on social networks stratification or organizations A variety of research settings are studied and diverse theoretical perspectives are taken The book s argument and evidence are supported by ample appendices for readers interested in background details br, Leading scholars in the field of social networks from diverse disciplines present the first systematic and comprehensive collection of current theories and empirical research on the informal connections that individuals have for support help and information from other people Expanding on concepts originally formulated by Pierre Bourdieu and James Coleman this seminal work will find an essential place with educators and students in the fields of social networks rational choice theory institutions and the socioeconomics of poverty labor markets social psychology and race br br The volume is divided into three parts The first segment clarifies social capital as a concept and explores its theoretical and operational bases Additional segments provide brief accounts that place the development of social capital in the context of the family of capital theorists and identify some critical but controversial perspectives and statements regarding social capital in the literature The editors then make the argument for the network perspective why and how such a perspective can clarify controversies and advance our understanding of a whole range of instrumental and expressive outcomes br br em Social Capital em further provides a forum for ongoing research programs initiated by social scientists working at the crossroads of formal theory and new methods These scholars and programs share certain understandings and approaches in their analyses of social capital They argue that social networks are the foundation of social capital Social networks simultaneously capture individuals and social structure thus serving as a vital conceptual link between actions and structural constraints between micro and macro level analyses and between relational and collective dynamic processes They are further cognizant of the dual significance of the structural features of the social networks and the resources embedded in the networks as defining elements of social capital, No description available