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Social Networks: The #1 Predictor of Economic Advancement | David Obstfeld

Work For Humans

CHAPTER

The Power of Networks and Social Capital

This chapter examines the evolution of network analysis, highlighting key contributors and concepts from social network analysis to social capital. It emphasizes the importance of relationships for individual and organizational success, connecting it to innovation and competitive advantage, as illustrated by the case of Starbucks. The discussion underscores the significance of understanding both the context and value of social connections as forms of capital in today's dynamic environment.

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