Four Evangelists for leading Innovation – von Hayek, Schumpeter, Coase, von Thünen

Torsten André Pohl

No 2017-43, Wittener Diskussionspapiere zu alten und neuen Fragen der Wirtschaftswissenschaft from Witten/Herdecke University, Faculty of Management and Economics

Abstract: Organic Growth is back on top of Executives' agendas: “Executives shouldn't underesti-mate the power of organic growth. It may take more time and effort to affect a company's size, but organic growth typically generates more value. A look at the share price perfor-mance of 550 US and European companies over 15 years reveals that for all levels of reve-nue growth, those with more organic growth generated higher shareholder returns than those whose growth relied more heavily on acquistions”. Innovation is at the heart of driving Organic Growth – “building new products, services or business models, continually allocating funds to areas of proven growth and improving core capabilities”...

Date: 2017
New Economics Papers: this item is included in nep-sbm
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