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Washington, May 20: In accordance with data from the U.S. Bureau of Labour and Statistics, just 25 per cent of new enterprises survive for 15 years or more. That statistic hasn t changed in 30 years, despite shifting economic situations within and between markets. An elegant explanation is offered by a recent study published in the Strategic Entrepreneurship Journal: a company s long-term success is greatly influenced by the circumstances surrounding its inception, rather than just changes in its markets. ....
Although understanding industry norms and trends has long been held as a key to entrepreneurship success, social, economic, and technological changes make industry knowledge increasingly less relevant.
Success of businesses is connected to circumstances surrounding their inception: Study webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Why Do So Many Businesses Fail? eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
Success of businesses is connected to circumstances surrounding their inception: Study aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.