By Susann Carmohn
John Maynard Keynes
This essay explores with the speculation of course dependence why a few firms stick with in the end loss-generating concepts and why do a little businesses pass over to increase new innovations to evolve to altering industry stipulations. course dependence could be outlined as a dynamic concept assuming that preliminary occasions can more and more restrain current and destiny offerings. because of the present industry state of affairs this essay will attach the theoretical considera-tions of course dependency with the problem administration. at the foundation of the most literature and with employing the theoretical version of Burgelman it is going to be tested in how a ways does the version of course dependency clarify the failure of the bancrupt motor vehicle producer Gen-eral cars. during this regard a few obstacles of the Burgelman-model have been discovered.
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Extra info for An analysis and explanation of the failure of General Motors on the basis of the theoretical framework of path dependency in the field of Crisis Management