haku: @indexterm organizational decline / yhteensä: 63
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| Tekijä: | Bruderl, J. Schussler, R. |
| Otsikko: | Organizational mortality: the liabilities of newness and adolescence. |
| Lehti: | Administrative Science Quarterly
1990 : SEP, VOL. 35:3, p. 530-547 |
| Asiasana: | ORGANIZATIONAL DECLINE BUSINESS CLOSURE |
| Kieli: | eng |
| Tiivistelmä: | Stinhcombe's "liability of newness" hypothesis is discussed and tested. This hypothesis assumes higher risks of failure for young organizations compared with old ones. It is shown that this hypothesis is not a good representation of the mortality hazard of West German business organizations. Therefore, the concept of a "liability of adolescence" is introduced, which proposes an inverted U-shaped risk pattern. It is also shown that mortality, depending on the initial resource endowments of a firm, peaks between one and fifteen years after founding. From this perspective, interpretations of the liabilities of smallness and legal form are given. |
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