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Brokerage and closure : an introduction to social capital / Ronald S. Burt.

By: Material type: TextTextPublisher: Oxford : Oxford University Press, [2005]Copyright date: ©2005Description: xii, 279 pages : illustrations ; 24 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 0199249156
  • 9780199249152
Subject(s): DDC classification:
  • 302.3501 23
LOC classification:
  • HM708 .B87 2005
Online resources:
Partial contents:
1. The Social Capital of Structural Holes --- 2. Creativity and Learning --- 3. Closure, Trust, and Reputation --- 4. Closure, Echo, and Rigidity --- 5. Images of Equilibrium.
Summary: "Social capital, the advantage created by location in social structure 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. The formal organization deals with accountability; everything else flows through the informal; advice, coordination, cooperation, friendship, gossip, knowledge, trust ... Ronald S. Burt builds on his celebrated work in this area to explore the nature of brokerage and closure. Brokerage is the activity of people who live at the intersecting of social worlds, who have a vision advantage of seeing and developing good ideas, an advantage which can be seen in their compensation, recognition and the responsibility they’re entrusted with in comparison to their peers ... 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, pursued opportunity assignment, and reward has come to be associated with achieving competitive advantage in a social order of continuous disequilibrium."--Book cover
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Includes bibliographical references (pages 246-275) and index.

1. The Social Capital of Structural Holes --- 2. Creativity and Learning --- 3. Closure, Trust, and Reputation --- 4. Closure, Echo, and Rigidity --- 5. Images of Equilibrium.

"Social capital, the advantage created by location in social structure 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. The formal organization deals with accountability; everything else flows through the informal; advice, coordination, cooperation, friendship, gossip, knowledge, trust ... Ronald S. Burt builds on his celebrated work in this area to explore the nature of brokerage and closure. Brokerage is the activity of people who live at the intersecting of social worlds, who have a vision advantage of seeing and developing good ideas, an advantage which can be seen in their compensation, recognition and the responsibility they’re entrusted with in comparison to their peers ... 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, pursued opportunity assignment, and reward has come to be associated with achieving competitive advantage in a social order of continuous disequilibrium."--Book cover

Machine converted from AACR2 source record.

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