Open AccessWhy Companies Fail? The Boiling Frog Syndrome
Author(s) -
Rasim Ozcan Rasim Ozcan
Publication year - 2018
Publication title -
international journal of economics commerce and research
Language(s) - English
Resource type - Journals
eISSN - 2319-4472
pISSN - 2250-0006
DOI - 10.24247/ijecrdec20184
Subject(s) - boiling , business , chemistry , organic chemistry
Why nations fail? An answer is given by Acemoglu and Robinson (2012) by pointing out the importance of institutions for an economy that leads to innovations for economic growth. Christensen (2012) asks a similar question for a firm and diagnoses why companies fail. In this study, I relate Acemoglu and Robinson (2012) with Christensen (2012) in order to better understand how to make companies more prosperous, more powerful, healthier, and live longer via innovations.
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