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What makes some businesses sprout, grow, adapt, and succeed, while most never get off the ground? Researchers in the growing field of organizational ecology say it is not enough to study the companies that thrive. Answers lie in the stories of failure.
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On Saturday, Jan. 16, 1993, Zoe Dunning, a lieutenant in the
U.S. Naval Reserve, was a second-year student at the Graduate School of Business, and William Jefferson Clinton was about to become President of the United States.

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Flat-screen monitors on the wall display everything from talking heads to war footage to cartoons. Jon Abbott points toward the array and explains, “That’s digital television.” He is smiling because this is the wave of the future and he is already on top of it.
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August 2002,
Volume 70, Number 4

Features

An Economic Portrait of Terrorism
A Stanford political scientist and a Business School economist share their understanding of where terrorism comes from and how it affects global political and economic health.

Organizational Ecology
How do companies survive their life cycle phases? How do companies influence one another? And how do whole industries change over time? These are some of the questions organizational ecologists ask and try to answer.
By CHERIAN GEORGE

Departments

ABOUT THIS ISSUE

LETTERS TO THE EDITOR

DEAN'S COLUMN

SPREADSHEET
What’s Up: News about the GSB and its graduates.
For the Record: Class of 2002 Commencement

IDEAS
Creating a search fund to find an existing business to buy appeals to some entrepreneurs.
By MEREDITH ALEXANDER

TODAY
The GSB is benefiting from a record number of alums who are serving the School as employees. Meet them.

VIEWPOINT
Zoe Dunning, MBA ’93, put herself on the line to change the U.S. military’s antigay policy.
By JANET ZICH

FIRST PERSON
Alumnus Ronan McGovern ignored what he was taught in finance class and learned some hard life lessons.

PEOPLE
Jon Abbott, MBA ’88
Laura Esserman, MD, MBA ’93
Two alums are leveraging technology in their fields.

FACULTY NEWS

FACULTY PUBLICATIONS

FACULTY RESEARCH
Global arbitrageurs profit at the expense of long-term investors.
Are global labor standards good
for workers?

Bettors predict election winner.
Analyzing the stock analysts.

NEWSMAKERS
Who's in the news: A roundup of
media mentions.

CALENDAR

IN MEMORIAM

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