Competitive Strategy

The Nanoeconomics of FirmLevel DecisionMaking and Industry Evolution

What determines firm outcomes in terms of acquisition, dissolution, and survival? This article answers this crucial question of strategy and elaborates on the extent to which the outcome is under…

Health insurance benefits as a labor market friction

This study examines whethersmall firms that offer health insurance to theiremployees have better performance outcomes. Eventhough health insurance is a costly investment for smallfirms, there has been scant strategy- and…

Platform Ecosystems as Metaorganizations

Platform ecosystems have spurred new products and services, sparked innovation, and improved economic efficiency in various industries and technology sectors. A distinctive feature of the platform architecture is its modular…

Fainshmidt, Smith and Judge

This study examines how national competitiveness, measured as productivity per worker, is fostered within an economy using a sample of 90 developed and developing economies. We build upon Porter’s popular…

Victor Bennett & Lamar Pierce on competition in complementary product markets

Firms that compete with business units owned by larger corporate parents face additional considerations. Such subsidiary competitors can be motivated by broader corporate considerations, shifting their objectives, and consequently, their…

Performance Persistence in the Presence of Higher Order Resources

If firms want to make more profit than their competitors for prolonged periods of time, they must have access to resources that competitors cannot effectively obtain, such as brands, patents,…

When the weak are mighty: A twosided matching approach to alliance performance

Alliance partners often struggle with identifying what their contributions and their partner’s contribution are to the alliance performance. We use a new method to identify each side’s contribution to their…

Do Investors Actually Value Sustainability?

The debate about how investors perceive corporate social responsibility (CSR) predates Milton Friedman’s famous statement that the only social responsibility of business is to increase profits. Although extensive research has…

Measuring value creation and appropriation in firms: The VCA model

Firms create value not only for shareholders, but also for other stakeholders, including employees, customers and suppliers. This article applies a method to quantify the “new” economic value created by…

Threat of platformowner entry and complementor responses: Evidence from the mobile app market

We examine one prevalent source of conflict: platform owners’ entry into complementary product spaces. We show that app developers on Google’s Android system are strategic and nimble actors. They respond…

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