How can new hardware affect competitive strategy?
Answers from top 17 papers
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These factors influence the particular competitive strategy that a firm adopts. | |
45 Citations | We find that a competitive advantage due to an IT-enabled strategy is discernable by market participants, and as apparent as a competitive advantage obtained through other means. |
57 Citations | This paper argues that the offering—what customers choose to buy—should be the primary focus of competitive strategy. |
Third, this research suggests that competitive strategy acts as a mediator between an organization's environment and its manufacturing strategy. | |
I suggest that IT managers and engineers must take competitive strategy into account when specifying the requirements for a new IT product and check that its operation supports competitive objectives. | |
603 Citations | The article suggests how the supply-side competitive environment and the adopter industry competitive environment both affect diffusion of new technologies. |
132 Citations | The findings reveal that hybrid competitive strategy influences firm performance positively. |
42 Citations | With these findings, we contribute to the theoretical understanding of innovation strategy in a dysfunctional competition environment and how new ventures strive for competitive advantage in such a setting. |
It also suggests new insights on the dynamics that affect the emergence of dominant designs, and the competitive positions of industry participants. | |
Finally, the chapter explores the importance of strategy in technology-intensive industries and emphasizes that sustained competitive advantage can be accomplished only through continued innovation. | |
Finally, the chapter explores the importance of strategy in technology intensive industries and emphasizes that sustained competitive advantage can be accomplished only through continued innovation. | |
Also, findings suggest the two-sided pricing strategy employed by hardware firms is dynamic. | |
Moreover, Competitive Strategy has a significance effect towards Company Performance. | |
Fourth, the findings suggest that the relationship between competitive strategy and performance is mediated by manufacturing strategy. | |
The way strategic agendas impact on competitive strategy appears to be a very fruitful area for future research. | |
57 Citations | This new perspective leads to a surprising and novel insight about the appropriate unit for framing competitive strategy. |
428 Citations | A considerable agenda for further work suggests that competitive strategy research should recover something of its former salience. |
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What are competitive strategies?5 answersCompetitive strategies refer to the actions and approaches that businesses adopt to gain a competitive advantage in the market. These strategies involve analyzing the competition, identifying strengths and weaknesses, and making strategic decisions to position the business effectively. The goal is to differentiate the business from competitors and attract customers by meeting their needs and preferences. Competitive strategies can include various elements such as product differentiation, pricing strategies, market segmentation, and understanding the competitive structure of the industry. Each business needs to develop its own unique competitive strategy based on its goals, challenges, and opportunities.
What is the effect of competitive dynamics of strategy?4 answersCompetitive dynamics have a significant impact on a firm's strategy. Understanding and analyzing competitive dynamics is crucial for firms to succeed in a competitive environment. Competitive advantage is examined first, followed by an explanation of competitive dynamics. The network effect, which is a result of competitive dynamics, affects profit, price, and demand in business. In the supply chain, both decentralized and centralized decision-making processes are influenced by competitive dynamics. Hotel strategies are shaped by competitive dynamics, with conformity to neighboring hotels leading to higher revenue per available room. A rival's innovation, as indicated by research and development (R&D) intensity, influences a firm's product actions and competitive dynamics. The ICT industry has experienced a shift in competitive dynamics, leading to the need for new competitive strategies. Overall, competitive dynamics play a crucial role in shaping a firm's strategy and performance in a competitive market.
How does the chip industry affect the economy?5 answersThe chip industry has a significant impact on the economy. Logistical issues, inflation, and labor market challenges within the semiconductor industry have led to supply-side shocks, affecting firms' ability to produce chipsets. This has caused destabilization across various downstream sectors that rely on these products, leading to financial impacts on both the industry firms and those dependent on their production. The development of the chip industry is crucial for national security and military status, making it a determinant of a country's overall security. The semiconductor industry has played a vital role in powering the IT revolution in the US economy, with its growth and changes influenced by factors such as government policy, international factors, and research and development emphasis. The recent semiconductor shortage, exacerbated by the COVID-19 pandemic, has caused chaos, delays, and losses in various industries, particularly the automotive sector, which heavily relies on semiconductors. The chip industry's fortunes are closely tied to the overall economy, with chip pricing and industry value being affected during recessions.
What are some of the strategic issues that link hardware design and innovation to competitive strategy?5 answersHardware design and innovation are strategic issues that are closely linked to competitive strategy. The development of innovative strategies and the improvement of new devices and processes are vital for enterprises to achieve high efficiency in production and gain a market advantage. Different innovation strategies, such as aggressive innovation, market innovation, technical innovation, and opportunity innovation, are employed by companies in the computer and electronics industry to cope with global competition. These strategies are closely related to the scale, business type, and product development conditions of the enterprises, and they influence the approach to product design. Product design in aggressive innovation enterprises emphasizes "new experience," while market innovation enterprises focus on "new value." Technical innovation enterprises prioritize "new service," and opportunity innovation enterprises emphasize "new positioning". The value of design in improving competitiveness and profitability depends on factors such as the size and type of business, customer relationships, and opportunities for international exposure and promotion.
Relationship between competitive strategies and competitiveness?5 answersCompetitive strategies have a significant impact on the performance and competitiveness of organizations. Differentiation, cost leadership, and focus strategies are commonly used by organizations to gain a competitive edge. Innovation is also a key differentiator in the competitive race, and successful use of new ideas can improve performance. The choice of competitive strategy and supply chain management can affect the performance of companies, both financially and non-financially. In the context of private hospitals, competitive strategies positively influence their performance, and the strategies adopted depend on factors such as location and ownership. Polish born global enterprises apply both cost leadership and differentiation strategies, and perceive themselves to have succeeded in the market. Overall, the relationship between competitive strategies and competitiveness is evident across different industries and sectors, highlighting the importance of strategic decision-making in achieving organizational success.