Competitive Strategy
Research streams on competition and cooperation are central to the field of strategic management but have evolved independently. The emerging literature on coopetition has brought attention to the phenomenon of…
Read More about Uriel Stettner & Dovev Lavie on ambidexterityAn established and leading firm, such as Encyclopædia Britannica, would seem to have enormous advantages over its competitors in a new market. Why would a successful firm come to have…
Read More about Shane Greenstein on the Decline of Encyclopedia BritannicaWhat 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…
Read More about The Nanoeconomics of FirmLevel DecisionMaking and Industry EvolutionPlatform 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…
Read More about Platform Ecosystems as MetaorganizationsThis 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…
Read More about Health insurance benefits as a labor market frictionFirms 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…
Read More about Victor Bennett & Lamar Pierce on competition in complementary product marketsThis 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…
Read More about Fainshmidt, Smith and JudgeIf 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,…
Read More about Performance Persistence in the Presence of Higher Order ResourcesThe 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…
Read More about Do Investors Actually Value Sustainability?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…
Read More about Measuring value creation and appropriation in firms: The VCA model