Prof. J.A.A. Adriaanse is Professor of Turnaround Management at Institute for Tax Law and Economics, Department of Business StudiesProfile page
Last Tuesday it was announced that Kodak has emerged from reorganization procedure Chapter 11. Kodak no longer is bankrupt and is ready for the future. What happened in the early days of Kodak? A brief historic account and 11 entrepreneurship lessons.
Entrepreneurship can be described as the pursuit of opportunity. The international airline industry however seems to be pursuing bankruptcy law instead of commercial opportunity. Or are we really talking about airline leadership bankruptcy?