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Refaat El-Sayed: the rise and fall of fermenta

Author: Kets de Vries, Manfred F. R. ; Lindgren, JanINSEAD Area: Organisational BehaviourPublisher: Fontainebleau : INSEAD, 1993.Language: EnglishDescription: 10 p.Type of document: INSEAD CaseAbstract: The case tells the rags to riches to rags story of Refaat El-Sayed, an Egyptian immigrant to Sweden who turned a small penicillin factory, Fermenta, into a multimillion publicly-held company. The case ends with Refaat El-Sayed facing financial ruin and lawsuitsPedagogical Objectives: To illustrate the vicissitudes of the entrepreneurial personality. It offers the opportunity to highlight some of the personality characteristics which may contribute to the failure of an enterprise. It also gives the opportunity to obtain insight into the "imposter syndrome"
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To illustrate the vicissitudes of the entrepreneurial personality. It offers the opportunity to highlight some of the personality characteristics which may contribute to the failure of an enterprise. It also gives the opportunity to obtain insight into the "imposter syndrome"

The case tells the rags to riches to rags story of Refaat El-Sayed, an Egyptian immigrant to Sweden who turned a small penicillin factory, Fermenta, into a multimillion publicly-held company. The case ends with Refaat El-Sayed facing financial ruin and lawsuits

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