Why Companies Fail? The Boiling Frog Syndrome

Ozcan, Rasim (2018): Why Companies Fail? The Boiling Frog Syndrome.

Abstract

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Why Nations Fail, Why Companies Fail, Capitalist's Dilemma, Innovations, Boiling Frog Syndrome
• Subjects: D - Microeconomics > D0 - General > D02 - Institutions: Design, Formation, Operations, and Impact; D - Microeconomics > D2 - Production and Organizations > D20 - General; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General

References

Acemoglu, D. and J. Robinson (2012) Why Nations Fail: The Origins of Power, Prosperity and Poverty, London, New York, Crown Publishers.

Christensen, C. (2012) “A Capitalist’s Dilemma, Whoever Wins on Tuesday,” New York Times.

Christensen, C and D. Bever, (2014) “The Capitalist’s Dilemma,” Harvard Business Review.

Christensen, C (2013) The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, Harvard Business Review Press, Boston, MA.

Ozcan, R. (2017a), “Robots Replacing Humans Creative Destruction or Total Annihilation?,” IDB Chief Economist Complex Policy Brief No.10. Available at SSRN: https://ssrn.com/abstract=3144331

Ozcan, R. (2017b), “Robots, Skills and Income,” IDB Chief Economist Complex Policy Brief No.13. Available at SSRN: https://ssrn.com/abstract=3144362