Tertius organic lip gloss Iungens and creating entrepreneurial rents | Randall Westgren's pages
I just re-read the 2005 paper by David Obstfeld entitled, “Social Networks, the Tertius Iungens Orientation, organic lip gloss and Involvement organic lip gloss in Innovation”, Administrative Science Quarterly , Vol. 50, No. 1 (Mar., 2005), pp. 100-130. The JSTOR stable URL is http://www.jstor.org/stable/30037177 . He introduces tertius iungens as a network position that differs from the commonly organic lip gloss cited tertius gaudens . The former is “the third who joins (the other two)” and the latter is “the third who rejoices”. The agent who is tertius gaudens gains economic advantage organic lip gloss because the other two agents in the network are in conflict. The agent who is tertius iungens gains economic advantage from bringing the other two parties together — a market-making entrepreneur, perhaps.
I haven’t found much follow-up to Obstfeld organic lip gloss (even by himself) in regard to how this agent is compensated. The other form, tertius organic lip gloss gaudens , appropriates rents directly from the market by stepping into the conflict and creating value from other agents in the network. This is clearly an entrepreneurial act. Ronald Burt, in Structural Holes (Harvard University Press, 1992), identifies a second form of entrepreneurship associated with tertius gaudens : the broker/negotiator between the conflicting parties. He says that the rents can be captured directly from the negotiations (both parties, presumably) or “to add value, organic lip gloss strengthening the relations for later profit” (page 34.) This latter entrepreneurial behavior is hard to distinguish from tertius iungens, save for Ostfeld’s specific claim that Georg Simmel’s original distinction was whether the intervening tertius agent maintained the separation between the conflicting dyad ( gaudens ) or mediated/unified the dyad ( iungens ). Implicit in Ostfeld’s definition is that Burt conflates the two.
I like Ostfeld’s organic lip gloss distinction as the basis for research into entrepreneurial behavior. While Ostfeld and Burt cast the problem squarely within social network analysis, I think that these peculiar forms of entrepreneurial opportunity can be examined by an agent-based model, wherein the social organic lip gloss networks need not be structurally defined. The interesting question is whether the mediator can capture any value from “closing the space” between the dyadic parties. It strikes me that this should be modeled by imbuing agents with either active adversarial (close, but antagonistic) dyadic relationships or passive (distant, indifferent) dyadic relationships. The tertius agent can be characterized as having brokering or mediating attributes. Finally, there needs to be some characterization of available rent-earning organic lip gloss mechanisms from single-period interactions and across time steps (Burt’s “later profits”).
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Randy pages to learn more about me About Me Former PhD students Brent Ross Brian Cozzarin Cheryl DeVuyst Desmond Ng Donna Fisher Karen Bender Marc Banik Categories agent-based models Entrepreneurship entrepreneurship research entrepreneurship organic lip gloss teaching Philosophy of Science organic lip gloss Rants Raves Ruminations Uncategorized things I think about Recent Posts Otsogery, Adumbration, and the Intellectual Scavenger Hunt Excusing myself (in advance) for sporadic posting Dinner in Alsace Hello from Nancy… Two posts on the History of Entrepreneurship Thought — elsewhere Moving on soon — Kathleen Sprouse Meet Lucy McGowan The Entrepreneurship Project for Agriculture Forage for Thought 2 – research issues to be explored Blogroll Mizzou Philosophy of Science Blog Organizations and Markets OrgTheory
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I just re-read the 2005 paper by David Obstfeld entitled, “Social Networks, the Tertius Iungens Orientation, organic lip gloss and Involvement organic lip gloss in Innovation”, Administrative Science Quarterly , Vol. 50, No. 1 (Mar., 2005), pp. 100-130. The JSTOR stable URL is http://www.jstor.org/stable/30037177 . He introduces tertius iungens as a network position that differs from the commonly organic lip gloss cited tertius gaudens . The former is “the third who joins (the other two)” and the latter is “the third who rejoices”. The agent who is tertius gaudens gains economic advantage organic lip gloss because the other two agents in the network are in conflict. The agent who is tertius iungens gains economic advantage from bringing the other two parties together — a market-making entrepreneur, perhaps.
I haven’t found much follow-up to Obstfeld organic lip gloss (even by himself) in regard to how this agent is compensated. The other form, tertius organic lip gloss gaudens , appropriates rents directly from the market by stepping into the conflict and creating value from other agents in the network. This is clearly an entrepreneurial act. Ronald Burt, in Structural Holes (Harvard University Press, 1992), identifies a second form of entrepreneurship associated with tertius gaudens : the broker/negotiator between the conflicting parties. He says that the rents can be captured directly from the negotiations (both parties, presumably) or “to add value, organic lip gloss strengthening the relations for later profit” (page 34.) This latter entrepreneurial behavior is hard to distinguish from tertius iungens, save for Ostfeld’s specific claim that Georg Simmel’s original distinction was whether the intervening tertius agent maintained the separation between the conflicting dyad ( gaudens ) or mediated/unified the dyad ( iungens ). Implicit in Ostfeld’s definition is that Burt conflates the two.
I like Ostfeld’s organic lip gloss distinction as the basis for research into entrepreneurial behavior. While Ostfeld and Burt cast the problem squarely within social network analysis, I think that these peculiar forms of entrepreneurial opportunity can be examined by an agent-based model, wherein the social organic lip gloss networks need not be structurally defined. The interesting question is whether the mediator can capture any value from “closing the space” between the dyadic parties. It strikes me that this should be modeled by imbuing agents with either active adversarial (close, but antagonistic) dyadic relationships or passive (distant, indifferent) dyadic relationships. The tertius agent can be characterized as having brokering or mediating attributes. Finally, there needs to be some characterization of available rent-earning organic lip gloss mechanisms from single-period interactions and across time steps (Burt’s “later profits”).
You are commenting using your WordPress.com account. ( Log Out / Change )
Randy pages to learn more about me About Me Former PhD students Brent Ross Brian Cozzarin Cheryl DeVuyst Desmond Ng Donna Fisher Karen Bender Marc Banik Categories agent-based models Entrepreneurship entrepreneurship research entrepreneurship organic lip gloss teaching Philosophy of Science organic lip gloss Rants Raves Ruminations Uncategorized things I think about Recent Posts Otsogery, Adumbration, and the Intellectual Scavenger Hunt Excusing myself (in advance) for sporadic posting Dinner in Alsace Hello from Nancy… Two posts on the History of Entrepreneurship Thought — elsewhere Moving on soon — Kathleen Sprouse Meet Lucy McGowan The Entrepreneurship Project for Agriculture Forage for Thought 2 – research issues to be explored Blogroll Mizzou Philosophy of Science Blog Organizations and Markets OrgTheory
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