Schumpeter's Ghost : Is Hypercompetition Making The Best of Times Shorter ?  

Oleh:

Ruefli, Timothy W. ; Wiggins, Robert R.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 26 no. 10 (Oct. 2005), page 887-912.
Topik: Performance; schumpeter; hypercompetition; performance; persistence; sustainability

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.20 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

At the center of schumpeter's theory of competition behaviour is the assertion that competitive advantage will become increasingly more difficult to sustain in a wide range of industries. More recently, this assertion has resurfaced in the notion of hypercompetition. This research examines two large longitudinal samples of firms to discover which industries, if any exhibit performance that is consonant with schumpeterian theory and the assertions of hypercompetition. We find support for the argument that overtime competitive advantage has become significanlty harder to sustain and further that the phenomenon is limited neither to high - technology industries nor to manufacturing industries but is seen across a broad range of industries. We also find evidence that sustained competitive advantage is increasingly a matter not of a single advantage maintained over time but more a matter of concatenating over time a sequence of advantages.

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