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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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Corporate Profits and Cooptation: Networks of Market Constraints and Directorate Ties in the American Economy, Social Capital: Theory and Research, Structural Holes: The Social Structure of Competition, Applied Network Analysis: A Methodological Introduction, Brokerage and Closure: An Introduction to Social Capital, Brokerage and Closure: An Introduction to Social Capital (Clarendon Lectures in Management Studies), Neighbor Networks: Competitive Advantage Local and Personal
No description available, Almost everything that happens in a firm flows through informal networks builts by advice coordination cooperation friendship gossip knowledge and trust In this book Ron Burt builds upon his celebrated work on network analyses to explain how these informal networks functions and the role of network entrepreneurs who have amassed social capital Burt shows that social capital is a critical element in business strategy Who has it how it works and how to develop it have become key questions as markets organizations and careers become more and more dependent on informal discretionary relationships Informal relations have always mattered What is new is the range of activities in which they now matter and the emerging clarity we have about how they create advantage for certain people at the expense of others This advantage is created by brokerage and closure Brokerage is the activity of people who live at the intersecting of social worlds who can see and develope good ideas Closure is the tightening of coordination on a closed network of people Brokerage and Closure explores how these elements work together to define social capital showing how in the business world reputation has come to replace authority and reward has come to be associated with achieving competitive advantage in a social order of continuous disequilibrium, No description available, 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