Article ID Journal Published Year Pages File Type
971429 The Journal of Socio-Economics 2008 15 Pages PDF
Abstract

This paper explores how an early leader's choices influence later followers’ choices via social interaction, and to what extent this sequential behavior enhances industrial development by using the long-term data of Japanese professional baseball. Major findings make it evident that the “Leader” team regarded as an entrepreneur has the positive impact on other teams through social interaction. That is, the leader triggers industrial development and social interaction plays a crucial role in instigating it.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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