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作者：Pacheco-de-Almeida, Goncalo; Zemsky, Peter
作者单位：New York University; INSEAD Business School
摘要：We develop a formal model of the timing of resource development by competing firms. Our aim is to deepen and extend resource-level theorizing about sustainable competitive advantage. Our analysis formalizes the notion of barriers to imitation, particularly those based on time compression diseconomies where the faster a firm develops a resource, the greater the cost. Time compression diseconomies are derived from a micromodel of resource development with diminishing returns to effort. We use a ...
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作者：Klepper, Steven
作者单位：Carnegie Mellon University
摘要：The agglomeration of the automobile industry around Detroit, Michigan is explained using a theory in which disagreements lead employees of incumbent firms to found spinoffs in the same industry. Predictions of the theory concerning entry and firm survival are tested using data on the origin, location, and years of production of every entrant into the industry from 1895 to 1966. The geographic concentration of the industry is attributed to four early successful entrants and the many successful ...
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作者：Sterman, John D.; Henderson, Rebecca; Beinhocker, Eric D.; Newman, Lee I.
作者单位：Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan
摘要：Neoclassical models of strategic behavior have yielded many insights into competitive behavior, despite the fact that they often rely on a number of assumptions-including instantaneous market clearing and perfect foresight-that have been called into question by a broad range of research. Researchers generally argue that these assumptions are good enough to predict an industry's probable equilibria, and that disequilibrium adjustments and bounded rationality have limited competitive implication...
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作者：Lenox, Michael J.; Rockart, Scott F.; Lewin, Arie Y.
作者单位：Duke University
摘要：A systematic understanding of industry dynamics is critical to strategy research because individual firm performance dynamics both reflect and affect change at the industry level. Descriptive research on industry dynamics has identified a dominant pattern where prices fall, output rises, and the number of firms rises and then falls over time. Several models have been advanced to explain these patterns, with a particular focus on explaining why a shakeout in the number of firms occurs. In the m...
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作者：Casadesus-Masanell, Ramon; Yoffie, David B.
作者单位：Harvard University
摘要：We study competitive interactions between Intel and Microsoft, two producers of complementary products. In a system of complements, like the PC, the value of the final product depends on how well the different components work together. This, in turn, depends on the firms' investment in complementary R&D. We ask whether Intel and Microsoft will want to cooperate and make the final product as valuable as possible. Contrary to the popular view that two tight complements will generally have well a...
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作者：Brandenburger, Adam; Stuart, Harborne
作者单位：New York University; Columbia University
摘要：Both noncooperative and cooperative game theory have been applied to business strategy. We propose a hybrid noncooperative-cooperative game model, which we call a biform game. This is designed to formalize the notion of business strategy as making moves to try to shape the competitive environment in a favorable way. (The noncooperative component of a biform game models the strategic moves. The cooperative component models the resulting competitive environment.) We give biform models of various...
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作者：Chatain, Olivier; Zemsky, Peter
作者单位：INSEAD Business School
摘要：Horizontal scope-the set of products and services offered-is an important dimension of firm strategy and a potentially significant source of competitive advantage. On one hand, the ability to build close buyer-supplier relationships over multiple transactions can give an advantage to broad firms that offer buyers one-stop shopping. On the other hand, the existence of organizational tradeoffs can give an advantage to firms that specialize in a narrower range of products or services. We develop ...
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作者：Ryall, Michael D.; Sorenson, Olav
作者单位：University of Melbourne; University of London; London Business School; University of Toronto
摘要：The broker profits by intermediating between two (or more) parties. Using a biform game, we examine whether such a position can confer a competitive advantage, as well as whether any such advantage could persist if actors formed relations strategically. Our analysis reveals that, if one considers exogenous the relations between actors, brokers can enjoy an advantage but only if (1) they do not face substitutes either for the connections they offer or the value they can create, (2) they interme...
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作者：de Figueiredo, John M.; Silverman, Brian S.
作者单位：University of California System; University of California Los Angeles; University of Toronto
摘要：This paper integrates and extends the literatures on industry evolution and dominant firms to develop a dynamic theory of dominant and fringe competitive interaction in a segmented industry. It argues that a dominant firm, seeing contraction of growth in its current segment(s), enters new segments in which it can exploit its technological strengths, but that are sufficiently distant to avoid cannibalization. The dominant firm acts as a low-cost Stackelberg leader, driving down prices and trigg...
