Research Article | OPEN ACCESS
Organizational Growth and Dynamic Changing
1, 2Liu Gang and 1Apichanangkul Yingluck
1School of Economics and Management, Harbin Engineering University, China
2Harbin Medical University, China
Research Journal of Applied Sciences, Engineering and Technology 2013 3:442-449
Received: August 21, 2012 | Accepted: September 14, 2012 | Published: June 15, 2013
Abstract
This study applied a Cusp Catastrophe theory to construct a model of the firm growth. We are integrated the literatures on the firm life cycle and its stage objective vertical to develop the balanced scorecard key performance indices of the model control variables. Besides, we generated framework correlation of firm performance change and the growth adaptation through fitting the three years data of the firm case study in the asymmetry and bifurcation side of Cusp Catastrophe model. Moreover, Using R software to fitting the firm growth models and we find evidence supporting our hypotheses that the cusp model of the firm growth better than other models through statistical testing results.
Keywords:
Balance scorecard, cusp catastrophe, firm growth, key indicator index,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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