the Dartmouth researchers isolated what kinds of companies are fueling the rise.
“This trend isn’t because of an increasing likelihood that a firm listed before 1970 will fail—it’s mainly because recently listed firms are dying more quickly,”
Why are these businesses failing, and how can managers prevent it?
firms listed after 2000 spent more than twice as much as earlier firms (in percentage terms) on organizational capital and half as much on physical assets.
Compared with companies that own factories, products, and supply chains, digital companies are far more vulnerable to quick imitation
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