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There is a moral to this book, a bit of Confucian wisdom often
ignored in social network analysis: "Worry not that no one knows
you, seek to be worth knowing."
This insightful book explores the spread of network imagery in three areas of sociology - social capital, social support, and China - using as its protagonist a man active in all three: Nan Lin. Social Capital, Social Support and Stratification first discusses theories of stratification and achievement, with advantage termed social capital, a complement to the field's earlier focus on education as human capital. Network imagery in theories of social support is also investigated, expanding clinical psychology into social psychology. Finally the progression of network imagery in the renovation of Chinese sociology from disdained ideology to admired social science is considered. A unique combination of Nan Lin's core contributions to the field presented alongside new and original analyses, this innovative book will be a key resource for sociology courses on China as well as for scholars interested in social capital, social support or stratification worldwide. The book will also be of interest to those individuals interested in academic entrepreneurs such as Nan Lin.
There is a moral to this book, a bit of Confucian wisdom often
ignored in social network analysis: "Worry not that no one knows
you, seek to be worth knowing."
Trust, Reputation and Competitive Advantage, presents the three critical and all important elements for maintaining competitive success in today's business environment. The author, known for his work in network analysis explains the network structure of competition and the role of network entrepreneurs.
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. 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.
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.
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