| Glazer, Amihai; Kanniainen, Vesa; Poutvaara, Panu (2004): Initial Luck, Status-Seeking and Snowballs Lead to Corporate Success and Failure. IZA Discussion Papers / Forschungsinstitut für Zukunft und Arbeit, Bonn, 1426 |
Full text not available from 'Open Access LMU'.
External fulltext: http://hdl.handle.net/10419/20724
Abstract
Corporate success often resembles a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and status-seeking by workers can make small initial differences generate large differences over time.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Faculties: | Economics Economics > Chairs > CESifo-Professorship for International Institutional Comparisons |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| ID Code: | 20314 |
| Deposited On: | 15. Apr 2014 08:58 |
| Last Modified: | 29. Apr 2016 09:17 |
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