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Same as it ever was: the search for evidence of increasing hypercompetition

McNamara, Gerry - ; Vaaler, Paul M. - ; Devers, Cynthia - ;

Some strategy scholars and practitioners contend that markets have become increasingly hypercompetitive in recent years. This contention is examined by analyzing industry and business performance patterns in a broad sample of firms drawn from the Compustat Industry Segment database for the 1978-1997 period. Little support is found for the argument that markets have become more hypercompetitive. From the late 1970s to the late 1980s, decreased performance and market stability are observed, consistent with increasing hypercompetition contentions. From the late 1980s to the mid 1990s, however, trends reverse and performance market stability increases. Fro strategy research, the results suggest that hypercompetitive perspectives are important but no more so now than they were in recent years. For practice, the results suggest that managers today face markets no more dynamic and opportunities to gain and sustain competitive advantage no more challenging than in the past..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: John Wiley & Sons
Edisi-
SubjekStrategic management
Competition
Economic theory
Statistical analysis
Volatility
Market research
studies
Trends
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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