Learning about failure: Bankruptcy, firm age, and the resource-based view

被引：396

作者：

Thornhill, S

Amit, R

机构：

[1] Univ Western Ontario, Richard Ivey Sch Business, London, ON N6A 3K7, Canada

[2] Univ Penn, Wharton Sch, Dept Management, Philadelphia, PA 19104 USA

来源：

ORGANIZATION SCIENCE | 2003年 / 14卷 / 05期

关键词：

liability of newness; resource-based view; bankruptcy;

D O I：

10.1287/orsc.14.5.497.16761

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Systematic differences in the determinants of firm failure between firms that fail early in their life and those that fail after having successfully negotiated the early liabilities of newness and adolescence are identified. Analysis of data from 339 Canadian corporate bankruptcies suggests that failure among younger firms may be attributable to deficiencies in managerial knowledge and financial management abilities. Failure among older firms, on the other hand, may be attributable to an inability to adapt to environmental change.

引用

页码：497 / 509

页数：13

共 78 条

[1]

Aldrich H., 1986, Research in Organizational Behavior

[2] RESETTING THE CLOCK - THE DYNAMICS OF ORGANIZATIONAL-CHANGE AND FAILURE [J].