Unpublished Paper
The Rise and Fall of Business Enterprise
(2021)
Abstract
A successful innovation leads to a business enterprise to develop it. It usually takes longer to build up an enterprise than the fall of a well- established enterprise often starting with a small setback. A sequence of odd m-polygons and its network of circuits offers a model of this process. It begins with the smallest m-polygon, a triangle with a single circuit made of three one way arrows. It is the first generation. The second generation is a pentagon that brings seven new arrows into the enterprise as two simple circuits, a 4-circuit and a 3-circuit. The first two generations are the enterprise in the second generation. Increasing success of an innovation makes new generations of increasing size. The enterprise not only grows, but becomes older and more vulnerable to mishaps. Eventually even a minor misstep starts its decline. The fall is faster than the rise.
Keywords
- circuit,
- generations,
- arrow,
- enterprise
Disciplines
Publication Date
Summer July 14, 2021
Citation Information
Lester G Telser. "The Rise and Fall of Business Enterprise" (2021) Available at: http://works.bepress.com/lester_telser/137/