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Understanding Corporate Life-Cycles

Author

Listed:
  • Ousanee Sawagvudcharee
  • Maurice Yolles
  • Gerhard Fink
  • Paul Iles
  • Chanchai Bunchapattanasakda
  • Buncha Limpabandhu

Abstract

This paper considers the nature of the dominant corporate paradigm, its change, failures or successes, and its relationship with the homeostatic organization. There is a popular way of understanding the dynamics of organizational change and that is through the pre-configured sequence of stages in a corporate life-cycle. Through there are a number of competing models for this kind of analysis. In all of them, the sequence of stages is defined by that which configures the life-cycle deterministically. However, there is little discussion given for how these models of organizations shift between stages, and none appear to dominate in the literature. A major criticism of these models is that they do not represent complex organizational processes of change. Therefore, this paper represents an alternative model, called “the paradigm life-cycleâ€, which is connected to the homeostatic processes that maintain an organization, and which is, in principle, capable of generating corporate life-cycles under conditions of complexity.

Suggested Citation

  • Ousanee Sawagvudcharee & Maurice Yolles & Gerhard Fink & Paul Iles & Chanchai Bunchapattanasakda & Buncha Limpabandhu, 2018. "Understanding Corporate Life-Cycles," Journal of Education and Vocational Research, AMH International, vol. 8(4), pages 15-27.
    • Handle: RePEc:rnd:arjevr:v:8:y:2018:i:4:p:15-27
    DOI: 10.22610/jevr.v8i4.2157
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    References listed on IDEAS

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    3. McCann, Joseph E., 1991. "Patterns of growth, competitive technology, and financial strategies in young ventures," Journal of Business Venturing, Elsevier, vol. 6(3), pages 189-208, May.
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    5. Laurens K. Hessels & Harro van Lente, 2008. "Re-thinking knowledge production: a literature review and a research agenda," Innovation Studies Utrecht (ISU) working paper series 08-03, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    6. Rink, David R. & Swan, John E., 1979. "Product life cycle research: A literature review," Journal of Business Research, Elsevier, vol. 7(3), pages 219-242, September.
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