The role of competitive action in market share erosion and industry dethronement: A study of industry leaders and challengers

被引:427
作者
Ferrier, WJ [1 ]
Smith, KG
Grimm, CM
机构
[1] Univ Kentucky, CM Gatton Coll Business & Econ, Lexington, KY 40506 USA
[2] Univ Maryland, Robert H Smith Sch Business, Business & Publ Policy Dept, College Pk, MD 20742 USA
关键词
D O I
10.5465/257009
中图分类号
F [经济];
学科分类号
02 ;
摘要
Market share erosion and dethronement of market leaders are examined through the lens of "Austrian" economics. Our results suggest that leaders are more likely to experience market share erosion and/or dethronement when-relative to industry challengers-they are less competitively aggressive, carry out simpler repertoires of actions, and carry out competitive actions more slowly. These findings, based an seven years of data collected in 41 industries, contribute to research on hypercompetition, organizational decline, and competitive dynamics.
引用
收藏
页码:372 / 388
页数:17
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