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The Effect of Market Share Distribution on Industry Performance: Reply
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In this article, the authors identify two fundamental and opposing forces within industries-the advantages of greater output control by leading firms, and the difficulty of agreement among more numerous firms, as well as demonstrate basic deficiencies of the conventional concentration ratio, complex roles for multiple shares in industry performance, and a greater overall importance for large-share firms than heretofore recognized.Citations
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Inter-industry studies of structure and performance
TL;DR: The authors discusses inter-industry studies of the relations among various measures of market structure, conduct, and performance, and discusses that tradition has indeed uncovered many stable, robust, and empirical regularities.
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Cooperation and competition in relationships between competitors in business networks
Maria Bengtsson,Sören Kock +1 more
TL;DR: In this article, empirical findings from two in-depth studies, the rack and pinion industry and the lining industry, show that a firm can be involved in four different types of horizontal relationships at the same time.
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“Austrian” and Industrial Organization Perspectives on Firm-level Competitive Activity and Performance
TL;DR: In this paper, the authors present and test a dynamic model of competitive activity and performance, drawing on the Austrian school of economics and the structure-conduct-performance paradigm of industrial organization.
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Rivalry, Strategic Groups and Firm Profitability
Karel Cool,Ingemar Dierickx +1 more
TL;DR: In this paper, an analysis of the U.S. pharmaceutical industry during the period 1963-82 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of firms, in segment interdependence and in strategic distance.
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Comparing the resource‐based and market‐based views of the firm: empirical evidence from Czech privatization
TL;DR: In this paper, the authors compare the predictive ability of the resource-based view (RBV) against the market-based approach (MBV) under conditions of great change, showing that the RBV-driven variables are remarkably better at explaining share values of Czech firms in the period of privatization than MBV-based variables.
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