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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Springer
2019-01-01
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Series: | Business Research |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1007/s40685-019-0083-9 |