Embeddedness and the dynamics of brokerage positions: Antecedents and performance consequences of persistence of brokerage positions

We depart from previous research that has substantiated brokerage advantages in interorganizational networks by shifting focus to the dynamics of brokerage positions and its performance consequences. The brokerage position disappears when triadic closures or bridge decays occur in a subnetwork consisting of a broker and its two partners. We predict that embedded structures of this subnetwork exert multilevel influences on the disappearance, and that structures that promote persistence constrain brokerage advantages. Our analysis of codeshare alliances in the global airline industry supports the theory, demonstrating that the persistence decreases brokersf performance but increases their partnersf performance. (96 words).