Balazs Vedres

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1997. Costanza et al. The value of the world's ecosystem services and natural capital. Nature 387:253-260

Saskia Sassen



Vedres see "Opening Closure"

People vedres small.jpg
Department of sociology at Central European University. Research interests include economic sociology, economic transformation, social networks, historical and discourse analysis methods.

See: Intercohesion -- Balazs Vedres and David Stark. 2008. Open Closure: Intercohesion and Entrepreneurial Dynamics in the Evolution of Business Groups

Balazs Vedres and David Stark. 2007. Opening Closure: Intercohesion and Entrepreneurial Dynamics in the Evolution of Business Groups Conference on the Emergence of Social Organization. University of Chicago. earlier draft

Balazs Vedres Pathways from postsocialism: ownership sequence and performance of firms in Hungary, 1991–1999 European Management Review 4(2):93-105.

David Stark, and Balazs Vedres. “Social Sequence Analysis: Ownership Networks, Political Ties, and Foreign Investment in Hungary” in: John Padgett, and Walter W. Powell (editors): Economic Transformations and Trajectories: A Dynamic Multiple-Network Approach. Santa Fe Institute (forthcoming).

David Stark, Balazs Vedres, and Laszlo Bruszt. “Rooted Transnational Publics: Integrating Foreign Ties and Civic Activism.” Theory and Society, 35(3):323-349.

David Stark, and Balazs Vedres. 2006 “Social Times of Network Spaces: Network Sequences and Foreign Investment in Hungary.” American Journal of Sociology, 111(5) 1367-1411.

Structural Folds

Balazs Vedres and David Stark. 2010. Structural Folds: Generative Disruption in Overlapping Groups

Abstract: Entrepreneurial groups face a twinned challenge: recognizing new ideas and implementing them. Recent research suggests that connectivity reaching outside the group channels new ideas, while closure makes it possible to act on them. By contrast, we argue that entrepreneurship is not about importing ideas but about generating new knowledge by recombining resources. In contrast to the brokerage-plus-closure perspective, we develop a concept of intercohesion and identify a distinctive network position, structural fold, at the overlap of cohesive group structures. Actors at the structural fold are multiple insiders, participating in dense cohesive ties that provide close familiarity with the operations of both groups. Intercohesion provides familiar access to diverse resources. First, we test whether intercohesion contributes to higher group performance. Second, because entrepreneurship is a process of generative disruption, we test intercohesion’s contribution to group instability. Third, we move from dynamic methods to historical network analysis and demonstrate that coherence is a property of interwoven lineages of cohesion that are built up through an ongoing pattern of separation and reunification. Business groups use this pattern of interweaving to manage instability while benefitting from intercohesion. To study the evolution of business groups, we construct a dataset that records personnel ties among the largest 1,696 Hungarian enterprises from 1987-2001

Notes for a chapter

Dear Authors,

I am happy to let you know that Cambridge University Press decided to offer a contract for our edited volume. The title that we converge towards is “Networks in Social Policy Problems,” and the proposed date for final manuscripts is the end of November. The reviewers and editors at CUP all agreed that there is a niche for a volume that translates network science ideas for a policy-oriented audience, intrested in creativity and innovation, covert networks, food-health-energy security, threats to biodiversity, networked organizations, and markets and economies in crisis.

I will be in touch with you individually soon about some chapter-specific feedback and ideas. Most chapters fir with the agenda of the volume like a glove, in some cases there is a need for some tuning and adjustment.

We share the enthusiasm of the people at CUP, this will be a great volume.


Balazs and Marco Letter Balazs-Tolga

The Destruction of Economic Facts

Renowned Peruvian economist Hernando de Soto argues that the financial crisis wasn't just about finance—it was about a staggering lack of knowledge

Disaster Capitalism

Naomi Klein