Document Type
Closed Project
Publication Date
Fall 2013
Instructor
Dundar F. Kocaoglu
Course Title
Management of Engineering and Technology
Course Number
ETM 520
Abstract
Businesses failing caused by technology innovation seems pretty odd, yet it happens more frequently than it should. It is easy to find companies which fail due to technological quandary. In this paper, we analyze some of main reasons why companies fail because of technology innovation. In order to find out the reasons which cause failures, we need to fully understand not only what happens in those failures but also dependencies of these failures. Although reasons resulting in failures are multiple, they can be traced to poor management of technology and improper innovation. We identify and explain seven principal reasons which may cause a company to fail: Leadership, Strategy, Communication, Marketing, Timing, Finance, and operation. We also suggest measures to prevent and predict these failures.
Rights
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
Persistent Identifier
http://archives.pdx.edu/ds/psu/21875
Citation Details
Wittman, Alexis; McPherson, Jacqueline; Jiang, Jing; Pessey, Julien; Tippayasawate, Pongchalerm; Limarta, Standley; and Wang, Teddy, "How Businesses Fail in Innovative Technologies" (2013). Engineering and Technology Management Student Projects. 380.
http://archives.pdx.edu/ds/psu/21875
Comments
This project is only available to students, staff, and faculty of Portland State University