The role of competitive action in market share erosion and industry dethronement: A study of industry leaders and challengers

• 成果类型: Article
• 署名作者: Ferrier, WJ; Smith, KG; Grimm, CM
• 署名单位: University of Kentucky; University System of Maryland; University of Maryland College Park
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/257009
• 发表日期: 1999
• 页码: 372-388
• 关键词: PIONEER ADVANTAGES; airline industry; GOODS INDUSTRIES; performance; survival; strategy; FIRMS; INFORMATION; environment; responses

摘要

Market share erosion and dethronement of market leaders are examined through the lens of Austrian economics. Our results suggest that leaders are more likely to experience market share erosion and/or dethronement when-relative to industry challengers-they are less competitively aggressive, carry out simpler repertoires of actions, and carry out competitive actions more slowly. These findings, based an seven years of data collected in 41 industries, contribute to research on hypercompetition, organizational decline, and competitive dynamics.