Initial luck, status-seeking and snowballs lead to corporate success and failure

Initial luck, status-seeking and snowballs lead to corporate success and failure

by Amihai Glazer

Book 1426 of no.

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"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"--Forschungsinstitut zur Zukunft der Arbeit web site.

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