Brokerage and Closure: An Introduction to Social Capital
Language: English
Published by Oxford University Press, 2005
Series: Book 4 of 12 - Clarendon Lectures in Management Studies
- Hardcover
- Used
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- Title
- Brokerage and Closure: An Introduction to Social Capital
- Author
- Burt, Ronald S.
- Publisher
- Oxford University Press
- Publication year
- 2005
- Condition
- Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0199249148
- ISBN 13
- 9780199249145
- Series
- Book 4 of 12: Clarendon Lectures in Management Studies
Informal relations have always been with us, they 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 is done by brokerage and closure.
Ronald S. Burt builds upon his celebrated work in this area to explore the nature of brokerage and closure. Brokerage is the activity of people who live at the intersection 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. Closure is the tightening of coordination in a closed network of people, and people who do this do well as a complement to brokers because of the trust and alignment they create. 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.
"Synopsis" may belong to another edition of this title.
About the Author
Ronald S. Burt is Hobart W. Williams Professor of Sociology and Strategy at the Graduate School of Business, University of Chicago.
"About the title" may belong to another edition of this title.
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