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An Introduction to Social Capital
Ronald S. Burt
£24.99
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Stephen Ackroyd, Rosemary Batt...
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Classical Foundations
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Winner of the 2011 George R. Terry Book Award
Neighbor Networks
Competitive Advantage Local and Personal
Ronald S. Burt
416 pages
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234x156mm
978-0-19-969191-3
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Paperback
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07 July 2011
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- Builds on Burt's work on social capital to examine where advantage lies in social networks
- Examines cases including analysts, bankers, and managers
- Shows how individuals make use of their social networks to further their careers
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 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.
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.
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.
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.Readership: Academics, researchers, and advanced students of Management and Organization Studies, Social Networks, and Sociology; Management consultants and practitioners.
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Ronald S. Burt, University of Chicago Booth School of Business Ronald Burt is the Hobart W. Williams Professor of Sociology and Strategy at the University of Chicago Booth School of Business. He studies the social structure of competitive advantage in careers, organizations, and markets. He is the author of Structural Holes: The Social Structure of Competition, (Harvard University Press, 1992) and Brokerage and Closure: An Introduction to Social Capital, (Oxford University Press, 2005). He earned a bachelor's degree in social and behavioral science from Johns Hopkins University in 1971, a master's degree in sociology from the State University of New York at Albany in 1973, and a PhD in sociology from
the University of Chicago in 1977. He has been on the faculty at INSEAD, Columbia University, SUNY at Albany, and the University of California at Berkeley. He took a leave of absence from Chicago to work at Raytheon Company as the Vice President of Strategic Learning.
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"Winner of the 2011 Academy of Management's George R. Terry Book Award 'for outstanding contribution to the advancement of management knowledge.'" "Scholars interested in rigorous analytical approaches to social capital, social dynamics, or network phenomena will greatly enjoy Neighbor Networks." - Brian Rubineau, Industrial and Labor Relations Review "The core contribution of Neighbor Networks is the rich detail devoted to explaining when it matters to be connected to well-connected others. Theoretically, the book explains how the social capital benefits accruing to individuals are largely the result of their immediate networks. Empirically, the book offers a bevy of evidence in support of these claims. The contribution
also delineates the cases of closure in neighbour networks (and the effects of such closure on reputation and relationship development) and the benefits of having a strategic partner inside a neighbor network. This is a fine book of interest to graduate students and researchers across the social sciences." - Martin Kilduff and Blaine Landis, Administrative Science Quarterly "Burt ... has an impressive ability to establish connections between "classical" theories and to show how they relate to network concepts. Would you expect a book about social networks to rely on references as varied as Weber, Veblen, Durkheim, Von Hayek, McClelland, and many others? Burt is not merely theorizing on brokerage across social groups; he is one of the brokers that are described in
the book. A broker who spans structural holes across disciplines, questions theories and levels of analysis, and who combines all this in a theory of his own." - Barthélémy Chollet, M@n@gement
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Prologue
1: Introduction
Part I: Establishing Secondhand Brokerage
2: Process Clues in Network Spillover
3: Balkanized Networks
4: More Connected Networks
Part II: Testing the Perimeter
5: Industry Networks
6: Closure and Stability
7: Mishpokhe, Not
Part III: Exploring Implications
8: Bent Preferences
Appendices and References
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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