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作者：Lee, Chi-Hyon; Venkatraman, N.; Tanriverdi, Hueseyin; Iyer, Bala
作者单位：George Mason University; Boston University; University of Texas System; University of Texas Austin; Babson College
摘要：This study examines the hypercompetition phenomenon within the prepackaged software industry. It theoretically develops and empirically validates the idea that dynamically changing complementarity relationships among software product markets increase industry hypercompetition. The study also explains how dynamic capabilities for the management of complementary product markets can enable an independent software vendor (ISV) to create and renew temporary advantages. Specifically, an ISV can main...
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作者：Pacheco-de-Almeida, Goncalo
作者单位：New York University
摘要：This article examines how leader firms should respond to the erosion of competitive advantages caused by rapid imitation and innovation in hypercompetitive environments. On the one hand, shorter-lived advantages induce leaders to develop new advantages faster. On the other hand, hypercompetition also erodes the expected returns from new advantages-reducing leaders' incentives to accelerate investments. Since investing faster also raises costs, this article shows that leaders often prefer to re...
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作者：Chen, Eric L.; Katila, Riitta; McDonald, Rory; Eisenhardt, Kathleen M.
作者单位：Stanford University; Halozyme
摘要：Prior work examines competitive moves in relatively stable markets. In contrast, we focus on less stable markets where competitive advantages are temporary and R&D moves are essential. Using evolutionary search theory and an experiential simulation with in-depth fieldwork, we find that the relationship between performance and subsequent competitive moves depends on the type of market, not just on whether performance is high or low. High performers seek to maintain status quo, but this requires...
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作者：Rindova, Violina; Ferrier, Walter J.; Wiltbank, Robert
作者单位：University of Texas System; University of Texas Austin; University of Kentucky; Willamette University
摘要：Research on competitive dynamics and hypercompetition has demonstrated the importance of firm competitive actions for disrupting industry positions and gaining competitive advantage. The effects of competitive actions in disequilibrium environments, such as nascent markets, however, have not been examined. In this paper, we argue that under conditions of high ambiguity, firms can gain competitive advantage from the Gestalt properties present in the sequences of their competitive actions. Such ...
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作者：Hermelo, Francisco Diaz; Vassolo, Roberto
作者单位：Austral University; Universidad de San Andres Argentina
摘要：This study applies previous analysis on hypercompetition to emerging economies. We propose that development of the institutional context will contribute to generate conditions of hypercompetition in emerging economies. Empirical evidence from Latin America indicates that (1) persistent superior economic performance is possible; (2) the hazard rate for exiting the superior economic performance stratum has increased over time; (3) the development of the institutional context accelerates the rate...
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作者：Chen, Ming-Jer; Lin, Hao-Chieh; Michel, John G.
作者单位：University of Virginia; National Cheng Kung University; University of Notre Dame
摘要：Recognizing that both the hypercompetition and competitive dynamics research streams rely on Austrian economics and its idea of temporary advantage as an intellectual cornerstone, the present study merges these related, but thus far, disparate perspectives. It develops hypotheses that relate the intensity of the hypercompetitive environment and a firm's TMT dynamics to its action aggressiveness, or the volume and speed with which a firm engages its rivals. Using a survey-based sample of 104 Ta...
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作者：Sirmon, David G.; Hitt, Michael A.; Arregle, Jean-Luc; Campbell, Joanna Tochman
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Universite Catholique de Lille; EDHEC Business School
摘要：Foundational RBV work suggests that firms possess capabilities that represent strengths and others that represent weaknesses. In contrast, contemporary research has examined capability strengths while largely ignoring weaknesses. Addressing this oversight, we examine the direct and integrated effects of sets of capability strengths and capability weaknesses on competitive advantage and its empirical correlate-relative performance. Additionally, we explore how environmental and firm-specific fa...
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作者：D'Aveni, Richard A.; Dagnino, Giovanni Battista; Smith, Ken G.
作者单位：Dartmouth College; University of Catania; University of Rhode Island
摘要：The creation and management of temporary competitive advantages has emerged as an alternative to sustainable models of competitive advantage in the strategy literature. We review the literature and discuss questions related to the antecedents, consequences and the management temporary advantage in the introduction of this special issue. The overall goal is to ask: What would the field of strategic management look like if sustainable advantages did not exist? We summarize the papers published i...
