Articles
Network Strategies and Performance of Canadian Investment Banks
Academy of Management Journal, June 2006
Andrew Shipilov
What implications does a firm's specialization have for firm performance achieved by spanning structural holes between its partners? By analyzing networks within the Canadian investment banking industry, the author finds that, in networks rich in structural holes, both specialists and generalists outperform banks of moderate specialization levels, and that generalist banks, in turn, perform better than specialists.

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