most of the time companies go bankrupt because development is expensive
Any research or sources to back such a claim before continuing on to the question? Cursory websearching about top causes of bankruptcy and R&D costs doesn’t come up.
I haven’t been in a company that has gone bankrupt, but I’ve been in a few that struggled. The biggest problem is usually not the tech. It’s to align the product with the customer needs.
You can have the most advanced tech in the world. If it doesn’t solve anyone’s problems, no one will buy it.
if your R&D costs make your business unprofitable, something’s going to come along and topple it, same as how “smoking” isn’t a cause of death but lung cancer is a very major cause of death
I would still say citation is needed. Of course if a company’s R&D costs balloon large enough they will topple a company. Is that really what’s happening in bankruptcies “most of the time”?
On its face that looks like an impossible claim because of the number of bankrupted companies that don’t even have R&D.
Any research or sources to back such a claim before continuing on to the question? Cursory websearching about top causes of bankruptcy and R&D costs doesn’t come up.
I haven’t been in a company that has gone bankrupt, but I’ve been in a few that struggled. The biggest problem is usually not the tech. It’s to align the product with the customer needs.
You can have the most advanced tech in the world. If it doesn’t solve anyone’s problems, no one will buy it.
top causes, not factors
if your R&D costs make your business unprofitable, something’s going to come along and topple it, same as how “smoking” isn’t a cause of death but lung cancer is a very major cause of death
I would still say citation is needed. Of course if a company’s R&D costs balloon large enough they will topple a company. Is that really what’s happening in bankruptcies “most of the time”?
On its face that looks like an impossible claim because of the number of bankrupted companies that don’t even have R&D.