Economic and business dimensions: Entrepreneurship during a slump
July 21st, 2009
Consider this list of companies: GE, IBM, Microsoft, Shell Oil, AT&T, Merck, Johnson & Johnson, Sun Microsystems, Skype, Kodak, Polaroid, HP, and Adobe. What do they all have in common? They all were started during an economic downturn, some during the Great Depression.
Why do recessions give birth to some of the greatest, longest lasting, and best-run companies of the world?
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