Accidental Adversaries: The Enigma of Sustained Cooperation
Christoph E. Mandl
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Christoph E. Mandl: University of Vienna, Mandl, Lüthi & Partner
Chapter 11 in Managing Complexity in Social Systems, 2019, pp 107-112 from Springer
Abstract:
Abstract Start-ups are particularly prone to existential crises. Depending on which sources to trust, between 40% and 90% of them fail within the first 3 years. Of course, there are many reasons for bankruptcy, lack of cash being among most obvious. Accidental adversaries are another for high-tech start-ups. The peculiarity of high-tech start-ups is that they are rarely founded by one person. By their very definition, these companies require so much knowledge that it is very difficult for just one person to know it all. Analyzing the digital revolution, Walter Isaacson (2014) found that “innovation is usually a group effort, involving collaboration between visionaries and engineers, and that a great team is pairing visionaries, who can generate ideas, with operating managers, who can execute them.”
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-01645-6_11
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DOI: 10.1007/978-3-030-01645-6_11
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