Initial luck, status-seeking and snowballs lead to corporate success and failure
By: by Amihai Glazer, Vesa Kanniainen, Panu Poutvaara.
Contributors: Kanniainen, Vesa.; Poutvaara, Panu.
Series: Discussion paper ;; no. 1426; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1426
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Success in business.
Description: "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.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/12/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.