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If you are talking about blindly blasting hundreds or thousands of links to your site, then NO it will not work. It may even hurt your ranking.
Link diversity, consistancy and velocity control is a must.
Also, you must have a tiered link building strategy.
If you are referring to thoughtlessly shooting a large number of hyperlinks to your site, then NO it will not work. It may even harm your position.
Link variety, consistancy and speed management is a must. Also, you must have a tiered link-building technique.
Use the off-page SEO techniques to get back links. Search for sites, blogs, forums etc. related to your domain and that have higher page rank than your site.