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A premise of the capabilities perspective in strategy is that firm-specific capabilities allow some firms to be unusually adept at exploiting growth opportunities. Since few firms have the capacity to internally generate the quantity or variety of strategic resources needed to exploit growth...
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A premise of the capabilities perspective in strategy is that firm-specific capabilities allow some firms to be unusually adept at exploiting growth opportunities. Since few firms have the capacity to internally generate the quantity or variety of strategic resources needed to exploit growth...
Persistent link: https://www.econbiz.de/10013018030
How do new entrants create and capture value in established industries? Starting from the foundations of neoclassical economics we model entrepreneurial entry and competition as occurring simultaneously in production technology space and product attribute space. Our model's central feature is to...
Persistent link: https://www.econbiz.de/10012836315
Responding to continued calls for a “circumstance-contingent theory of incumbent response” (Christensen, et al, 2018), this paper develops a formal model of incumbent response to disruptive entry. After developing a typology of incumbent responses identified in prior work, the paper...
Persistent link: https://www.econbiz.de/10013308084