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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
The Gift Exchange in the Social Networks of Silicon Valley
Ferrary, Michael
45
/
4
(
Summer
2003
):
120
-
138
Using the analysis of the social networks that underlie the industrial networks of Silicon Valley, this article demonstrates that due to the nature of exchanged goods and the degree of interdependence between the economic actors, gift exchange is the principle rule of exchange in these networks. The principles of "gift exchange" govern the exchange of information among venture capitalists, lawyers, entrepreneurs, corporate managers, journalists and academics.