BRIC in HBR
There is an excellent article in October’s Harvard Business Review about Chinese and Russian entrepeneurial networks. I have not written about the BRIC economies in some time, but given my recent involvement in LinkedIn, this article was particuarly intriguing.
Chinese networks are generally classified by:
- smaller size due to institutional stability and constrained migration
- higher density due to preference for familiar contacts
- higher trust due to institutional developmenet and comfor with third parties
By contrast, Russian networks are characterized by:
- larger size due to weak institutions and high mobility
- lower density due to comfort with loose social ties
- lower trust due to de-institutionalization and suspicion of third-parties
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