Icarus paradox definition

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Icarus paradox

Icarus paradox logo #21000 The Icarus paradox is a neologism coined by Danny Miller, and popularized by his 1990 book by the same name, for the observed phenomenon of businesses that fail abruptly after a period of apparent success. In a 1992 article, Miller noted that some businesses bring about their own downfall through their own successes, be this through over-confidenc...
Found on http://en.wikipedia.org/wiki/Icarus_paradox
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