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Innovations in the small businesses failure paths model (Innowacje w modelu sciezek niepowodzen gospodarczych malych firm)

Author

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  • Jaroslaw Ropega

    (Uniwersytet Lodzki, Katedra Przedsiebiorczosci i Polityki Przemysiowej)

Abstract

The article presents the issues relating to the phenomenon of economic failures. The article presents the characteristics of small businesses hindering management, and identifies the main criteria indicating the reasons, consequential problems, symptoms and crises that occur in them. Then, the article provides an overview of the major paths of economic failures of small businesses. On their basis the opportunity to influence of innovation and innovation in tackling the economic failures was identified. Within the paths of economic failures the potential opportunities to introduce innovations to reduce this phenomenon were identified. The paper presented considerations suggesting that the significant point initiating the future process of preventing this phenomenon is to link innovation with the components occurring in the paths of economic failures which will, in turn, allow to build and implement the strategy in this regard.

Suggested Citation

  • Jaroslaw Ropega, 2015. "Innovations in the small businesses failure paths model (Innowacje w modelu sciezek niepowodzen gospodarczych malych firm)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(50), pages 220-237.
    • Handle: RePEc:sgm:pzwzuw:v:13:i:50:y:2015:p:220-237
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    References listed on IDEAS

    as
    1. Carl M. Larson & Ronald C. Clute, 1979. "The Failure Syndrome," Entrepreneurship Theory and Practice, , vol. 4(2), pages 35-43, October.
    2. Miller, Danny, 1977. "Common syndromes of business failure," Business Horizons, Elsevier, vol. 20(6), pages 43-53, December.
    3. H. Ooghe & S. De Prijcker, 2006. "Failure process and causes of company bankruptcy: a typology," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/388, Ghent University, Faculty of Economics and Business Administration.
    4. Levinthal, D.A. & Fichman, M., 1991. "Honeymoons and the Liability of Adolescence : A New Perspective on Duration Dependence in Social Organizational Relationships," GSIA Working Papers 1991-34, Carnegie Mellon University, Tepper School of Business.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    small firms; business failure; innovations;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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