100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Extensive summary Papers week 1-6 Business Level Strategy €8,39   In winkelwagen

College aantekeningen

Extensive summary Papers week 1-6 Business Level Strategy

1 beoordeling
 101 keer bekeken  15 keer verkocht

Papers summarized; - PERFORMANCE IMPLICATIONS OF DELAYED COMPETITIVE RESPONSES: EVIDENCE FROM THE U.S. RETAIL INDUSTRY - THE CLOCK IS TICKING! EXECUTIVE TEMPORAL DEPTH, INDUSTRY VELOCITY, AND COMPETITIVE AGGRESSIVENESS - DYNAMIC CAPABILITIES; WHAT ARE THEY? - ON THE CONTINGENT VALUE OF DYNAI...

[Meer zien]

Voorbeeld 2 van de 17  pagina's

  • 1 oktober 2021
  • 17
  • 2021/2022
  • College aantekeningen
  • R. donnelly
  • Alle colleges
Alle documenten voor dit vak (7)

1  beoordeling

review-writer-avatar

Door: lisannebak1 • 2 jaar geleden

Enorm incompleet

avatar-seller
JaelaBoot
Business Level Strategy
Paper discussion




Papers week 2

PAPER 1 = PERFORMANCE IMPLICATIONS OF DELAYED COMPETITIVE RESPONSES: EVIDENCE FROM
THE U.S. RETAIL INDUSTRY

Topic & expected contribution = The study focuses on the timing and consequences of competitive
responses and suggests that response delay has a curvilinear relationship with responder
performance, and a linear relationship with first mover performance.

- Intriguing =
- Innovative = The study also makes a methodological contribution by being one of the few
that directly links the effects of response timing to stock market performance.
- Impactful = There is not really a gap addressed, more of a new view on an already existing
and studied before relationship.
- Important = Yes, it proposes that managers do not need to take actions to quickly.

Framing = Porter (1985) stresses two reasons why a quick response is important to profits:

1. Quick responses prevent the first mover from building barriers such as buyer switching costs
that may be difficult for late responders to overcome.
2. Quick responses are called for because they signal incumbent commitment to defend market
positions.
 This reasoning suggests a negative linear relationship between response delay and responder
performance

Lilien and Yoon (1990) found that the success of new products was lower for first and second
entrants, higher for third and fourth movers and again lower for fifth and sixth movers and all
subsequent entrants.

 while empirical evidence suggesting that a fast follower strategy may be effective is mixed,
there is empirical support for delayed responses.

, - This may be because they allow firms to collect more information about a pioneer’s action.
- Delays may allow for resolution of market/technological uncertainties and development of
more effective responses.

Theory development =
1) Responder performance and response delay are related in an inverted U-shaped manner:
lower performance will result for fast and late responders, and higher performance for firms
with intermediate response delays.
2) First mover performance and response delay are related in a linear manner: as response
delays are longer (shorter), performance decreases are smaller (greater).

Methods =

Results = hypothesis are validated

Discussion & conclusion = The study contributes to the first mover literature as it predicts that the
performance effects of response timing for the responder and the first mover are different and not
the mirror image of another. Traditional first mover theory focuses too much on the advantages of
fast response and disadvantages of responding slowly. It overlooks the risks of responding too fast
and the potential of the nonlinear relationship.

PAPER 2 = THE CLOCK IS TICKING! EXECUTIVE TEMPORAL DEPTH, INDUSTRY VELOCITY, AND
COMPETITIVE AGGRESSIVENESS

Topic & expected contribution = The paper examines the interplay between executive temporal
depth (= time horizons that executives consider when contemplating past and future events) and
industry velocity (= the rate at which new opportunities emerge and disappear in an industry) shapes
competitive aggressiveness and firm performance.

- Intriguing =
- Innovative = Prior studies only considered future time horizons. This research demonstrates
the role of both past and future time horizons in shaping competitive behaviors.
- Impactful = Generalized least squares models were used (GLS), which correct for and provide
consistent estimates in the presence of groupwise heteroskedasticity, cross-group
correlation and within-group auto-correlation.
- Important = As it appears to have an influence on firm performance it is important for
managers to consider the impact of PTD and FTD.

Framing = past temporal depth (PTD) and future temporal depth (FTD)

Macro temporal forces: Industry level - temporal features of the environment that serve as time
givers and determine the degree to which the competitive advantage enjoyed by incumbent firms is
temporary or sustainable.

Micro temporal forces: firm level - are reflected in the actions taken by individual firms in creating
and pursuing new opportunities.

Theory development =
1) Industry velocity will moderate the relationship between executive PTD and competitive
aggressiveness such that this relationship will be positive in low-velocity industries, but
negative in high-velocity industries.

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper JaelaBoot. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €8,39. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 64438 samenvattingen verkocht

Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen

Start met verkopen
€8,39  15x  verkocht
  • (1)
  Kopen