Brokerage and closure : an introduction to social capital

Includes bibliographical references (p. [246]-275) and index

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. Closure is the tightening of coordination on 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