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Path dependency theory

What does the history of our organization tell us? In this video, Georg von Schnurbein presents path dependency theory.

Path dependency theory searches for explanations for change and development of organizations not in their context or in external conditions, but in the internal decisions and past influences.

No matter at what point of development your organization stands – foundation, growth or maturity – path dependency theory helps you understand your decisions in a long-term perspective.

Watch this video and try to find another example of path dependency theory. Post it in your comment below.

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