This paper examines how networks of professional contacts contribute to the development of the careers of executives of North American and European companies. We build a dynamic model of career progression in which career moves may both depend upon existing networks and contribute to the...

Introduction : external sources of continuity and change -- Social networks and the power they produce -- The postwar political economy of Japan -- Leading a flock of geese -- Maintaining the relational status quo -- Elite regionalization and the protective buffer -- The costs of continuity --...