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作者:Ilinitch, AY; DAveni, RA; Lewin, AY
作者单位:Dartmouth College; Duke University
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作者:Nault, BR; Vandenbosch, MB
作者单位:Western University (University of Western Ontario)
摘要:Recent discussions of management practices among successful high-technology companies suggest that one key strategy for success is to ''eat your own lunch before someone else does.'' The implication is that in intensely competitive, or hypercompetitive, markets, firms with a leading position should aggressively cannibalize their own current advantages with next-generation advantages before competitors step in to steal the market. Given the pace of technological and other types of change, such ...
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作者:Young, G; Smith, KG; Grimm, CM
作者单位:University System of Maryland; University of Maryland College Park
摘要:Drawing on the Austrian school of economics and the structure-conduct-performance (s-c-p) paradigm of industrial organization, the authors present and test a dynamic model of competitive activity and performance. They examine the model in two stages. First, they explore the influence of industry-level and firm-level cooperative mechanisms on firm-level competitive activity. Second, they examine the effect of firm- and industry-level competitive activity on firm performance. The authors use the...
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作者:Craig, T
摘要:In the mid-1980s, the Japanese beer industry, a stable oligopoly in which competition had traditionally been limited to well understood nonprice dimensions, experienced an outbreak of new product ''h!ypercompetition'' which saw a ten-fold increase in the industry's new product introduction rate, produced a major shake-up in firms' competitive positions, and forced firms to transform themselves in fundamental ways in order to compete effectively. Surprisingly, this hypercompetition occurred des...
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作者:Galunic, DC; Eisenhardt, KM
作者单位:Stanford University
摘要:Modern corporations have become synonymous with the multidivisional form of organization. Variously interdependent divisions are ''chartered'' to look after one or more business areas, in effect defining the ''turf'' of the division and its purpose within the corporation, and collectively defining the corporate domain. However, once created, these divisional charters should not be regarded as rigid; they are susceptible to change. Particularly in fast-paced environments, such as in high-techno...
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作者:Thomas, LG
摘要:Competition in the American economy has fundamentally changed over the last few decades, from static to dynamic. This study labels this important change the hypercompetitive shift, and documents it across 200 industries of the US manufacturing sector during 1958 to 1991. For industries that undergo a hypercompetitive shift, there is an increase in the cross-firm variance in performance and a rotation in the value-rivalry relationship from a negative association to an inverted-U. As a consequen...
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作者:Kim, DJ; Kogut, B
作者单位:University of Pennsylvania
摘要:As the invention of fundamental new sciences spawns subsequent research, discovery, and commercialization, core technologies branch into new applications and markets. Some of them evolve over time into many derived technologies, whereas others are essentially ''dead ends.'' The pattern of evolution and branching is called a ''technological trajectory.'' An intriguing question is whether some firms can ride the trajectory by developing proprietary experience in a ''platform technology.'' Becaus...
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作者:Gimeno, J; Woo, CY
作者单位:Purdue University System; Purdue University
摘要:The effect of intra-industry heterogeneity on hypercompetitive escalation and de-escalation in a multimarket environment is examined. The authors study two critical dimensions of intra-industry heterogeneity: strategic similarity, which captures similarity in competitive orientation, and multimaraket contact, which captures the degree of overlap between rivals in the multiple markets of the industry. Theory predicts that both variables influence the intensity of rivalry and competitive disrupt...