The Small World of Business Relationships In Jack Birner and Pierre Garrouste (eds.) Markets, Information and Communication: Austrian perspectives on the Internet economy, pp. 189-198. London, Routledge 2003.
Abstract
Information and communication technologies do not impact on human bounded rationality, which allows managers to entertain a limited number of human relations at a time. However, electronic communication means allow business relationships to be spread over the globe independently of geographical proximity. The interplay of these two factors gives rise to a small-world structure of relations.