Phillips, Fred; Chang, Jinwon; Su, Yu-Shan - In: Journal of Innovation & Knowledge (JIK) 4 (2019) 2, pp. 88-96
Purpose Using general systems theory, we present a series of simulations that shed light on the viability of business strategies in stable and turbulent business environments. Special attention is given to the impact of efficiency versus flexibility on firm performance, and on what the...