Why Companies fail? The boiling frog syndrome
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Dosyalar
Tarih
2018
Yazarlar
Özcan, Rasim
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Transstellar Journal Publications and Research Consultancy Private Limited (TJPRC PVT. LTD.)
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Why do 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. This study relates Acemoglu and Robinson (2012) with Christensen (2012) in order to better understand how to make companies more prosperous, powerful, healthier, and live longer via innovations. In order not to cause a company to fail, instead of traditional financial ratios, in addition to understanding types of innovations, right metrics and incentives have to be employed in order to foster the innovative environment in a company. Only then companies are able to avoid slow, persistent deterioration that will result in fatalities, the boiling frog syndrome.
Açıklama
Anahtar Kelimeler
Why Companies Fail, Innovation, Company Performance, Performance Measurement & Right Metrics
Kaynak
International Journal of Economics, Commerce and Research (IJECR)
WoS Q Değeri
Scopus Q Değeri
Cilt
8
Sayı
5
Künye
Özcan, R. (2018). Why Companies fail? The boiling frog syndrome. International Journal of Economics, Commerce and Research (IJECR), 8(5), 33-36.
