Can hierarchy hold back the dynamics of self-reinforcing processes? A simulation study on path dependence in hierarchies

Abstract Theories of path dependence and incumbent inertia assume that self-reinforcing mechanisms lead to highly persistent and eventually inefficient institutional solutions. The resulting lock-in is likely to threaten the viability of an organization. While path dependence theory was initially de...

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Bibliographic Details
Main Authors: Arne Petermann, Georg Schreyögg, Daniel Fürstenau
Format: Article
Language:English
Published: Springer 2019-01-01
Series:Business Research
Subjects:
Online Access:http://link.springer.com/article/10.1007/s40685-019-0083-9