@TechReport{iza:izadps:dp1426,
            	author={Glazer, Amihai and Kanniainen, Vesa and Poutvaara, Panu},
            	title={Initial Luck, Status-Seeking and Snowballs Lead to Corporate Success and Failure},
            	year={2004},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1426},
            	url={https://www.iza.org/publications/dp1426},
	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.},
	keywords={industry equilibrium;initial luck;status effects;snowball},
            }