@techreport{Glazer2004Initial,
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.},
author = {Amihai Glazer and Vesa Kanniainen and Panu Poutvaara},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {L00; L13; 330; industry equilibrium; initial luck; status effects; snowball; Unternehmensentwicklung; Prestige; Unternehmenskultur; Evolutions\"{o}konomik; Innovationswettbewerb; Theorie; path dependency},
language = {eng},
number = {1426},
title = {Initial Luck, Status-Seeking and Snowballs Lead to Corporate Success and Failure},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20724},
year = {2004}
}
