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Vicarious Learning, Under-Sampling of Failure, and the Myths of Management

Abstract:

Organizations learn from other organizations. However, the observations available to them are typically a biased sample. The organizations that can be observed at any point in lime are the survivors of a selective process that has eliminated a large fraction of the underlying population. In addition, there is a strong tendency to focus on successful organizations in books and the business press. As a result, the available sample of organizations usually undersamples failure. This paper shows ...

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Jerker Denrell More by this author
Publication date:
2003
URN:
uuid:a8102a34-f7a4-40de-91c0-139355f97358
Local pid:
oai:eureka.sbs.ox.ac.uk:1001

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