Journal ArticleDOI
The Two Faces of Competition: Dynamic Resourcefulness and the Hypercompetitive Shift
TLDR
In this paper, the authors describe the hypercompetitive shift in the US manufacturing sector from static to dynamic, where the strategic focus of firms shifts from careful exploitation of given, highly durable strategic assets to the steady creation of many new, rapidly depreciable ones.Abstract:
Competition in the American economy has fundamentally changed over the last few decades, from static to dynamic. This study labels this important change the hypercompetitive shift, and documents it across 200 industries of the US manufacturing sector during I958 to 1991. For industries that undergo a hypercompetitive shift, there is an increase in the cross-firm variance in performance and a rotation in the value-rivalry relationship from a negative association to an inverted-U. As a consequence of these competitive changes, the strategic focus of firms shifts from careful exploitation of given, highly durable strategic assets to the steady creation of many new, rapidly depreciable ones. The key driver of hypercompetitive shift is the dynamic resourcefulness of an industry, or the ease with which new strategic assets can be created. Determinants of dynamic resourcefulness include the dynamism of related transactors (notably consumers and suppliers). the knowledge base of the industry, and structural condi...read more
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Journal ArticleDOI
A General Theory of Network Governance: Exchange Conditions and Social Mechanisms
TL;DR: In this paper, the authors provide a theory that explains under what conditions network governance, rigorously defined, has comparative advantage and is therefore likely to emerge and thrive, and in broad strokes, they claim that the network form of governance is a response to exchange conditions of asset specificity, demand uncertainty, task complexity, and frequency.
Journal ArticleDOI
The influence of an integration strategy on competitive capabilities and business performance: An exploratory study of consumer products manufacturers
TL;DR: In this article, the authors investigate the mediating role of manufacturing-based competitive capabilities in the relationship between supply chain integration and business performance, and they find that manufacturing capabilities mediate the relationship.
Journal ArticleDOI
Continuous “Morphing”: Competing Through Dynamic Capabilities, Form, and Function
Violina P. Rindova,Suresh Kotha +1 more
TL;DR: The study introduces the concept of continuous morphing to describe the comprehensive ongoing transformation through which the focal firms sought to regenerate their transient competitive advantage on the Internet.
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Ambidexterity in Technology Sourcing: The Moderating Role of Absorptive Capacity
TL;DR: Support is found for the notion that the relationship between technology sourcing mix and firm performance is an inverted U-shape, and higher levels of absorptive capacity allow a firm to more fully capture the benefits resulting from ambidexterity in technology sourcing.
Journal ArticleDOI
The Effectiveness of Strategic Political Management: A Dynamic Capabilities Framework
Christine Oliver,Ingo Holzinger +1 more
TL;DR: In this article, the authors present a dynamic capabilities framework to explain the effective strategic management of the political environment and argue that the effectiveness of political strategies will be a function of firms' dynamic political management capabilities.
References
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Book
Generalized Linear Models
Peter McCullagh,John A. Nelder +1 more
TL;DR: In this paper, a generalization of the analysis of variance is given for these models using log- likelihoods, illustrated by examples relating to four distributions; the Normal, Binomial (probit analysis, etc.), Poisson (contingency tables), and gamma (variance components).
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The competitive advantage of nations
TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
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Capitalism, Socialism and Democracy
TL;DR: In this paper, the authors present a history of the first half of the 20th century, from 1875 to 1914, of the First World War and the Second World War.
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The theory of economic development
TL;DR: Buku ini memberikan infmasi tentang aliran melingkar kehidupan ekonomi sebagaimana dikondisikan oleh keadaan tertentu, fenomena fundamental dari pembangunan EKonomi, kredit, laba wirausaha, bunga atas modal, and siklus bisnis as mentioned in this paper.
Journal ArticleDOI
The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation
TL;DR: In this article, the authors argue that internal resources rather than the market environment should provide the foundation for a firm's strategy, based on an analysis of relationships among resources, capabilities, conpetitive advantage, and profitability.