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Make Serendipity Work for You

Harvard Business Review

Google outgoing CEO Eric Schmidt liked to think of his online search tool as a "serendipity engine.". One fine day, he wrote, three princes from Serendip (modern-day Sri Lanka ) were sent by their father on a prolonged journey to acquire practical experience as part of their training. Merton and Elinor Barber.). History matters.

Merton 15
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What an Economist Brings to a Business Strategy

Harvard Business Review

Google generates most of its revenue through an auction-based system of selling ads that was developed by two engineers but validated by its chief economist, Hal Varian, a former consultant to the company who was also the first Dean of the School of Information Sciences at the University of California at Berkeley.