FACTOR-MARKET RIVALRY

• 成果类型: Article
• 署名作者: Markman, Gideon D.; Gianiodis, Peter T.; Buchholtz, Ann K.
• 署名单位: Colorado State University System; Colorado State University Fort Collins; Clemson University; University System of Georgia; University of Georgia
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• DOI: 10.5465/AMR.2009.40632072
• 发表日期: 2009
• 页码: 423-441
• 关键词: TECHNOLOGICAL DISCONTINUITIES; Competitive advantage; DYNAMIC CAPABILITIES; multimarket contact; RESOURCES; industry; HYPERCOMPETITION; CONSEQUENCES; performance; strategies

摘要

With its focus on product-market rivalry, competitive dynamics research fails to tell the whole story. We develop a theory of factor-market rivalry to shed light on atypical rivals and competitive blind spots. Focusing on resource versatility and mobility, the theory introduces dynamic constructs-resource discontinuities, leapfrogging, and captivity-and explains their role in triggering cascading effects. To illustrate the theory's conceptual utility, we apply the concepts of factor-market rivalry to mutual forbearance in multimarket competition.