Article Abstract:
There are specific competitive behaviors or actions companies can use to gain the competitive edge in their respective markets. These competitive actions can also be used by companies to ward off competitors.
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Article Abstract:
This study investigates how firms build competitive advantage by focusing on the actions and responses of rivals in the U.S. domestic airline industry. We identified four attributes of competitive response - imitation, likelihood, lag, and order - explaining them in terms of the information represented in the type of action to which a firm is responding and the information-processing characteristics and capabilities of the responding firm. We tested the importance of response as it relates to competitive advantage by linking response with performance. Findings supported the notion that a firm's response can be predicted from the manner in which it interprets and processes information. Further, three of the four response characteristics were related to performance. (Reprinted by permission of the publisher.)
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Article Abstract:
A study of the factors involved in market share decline and market leader replacement in Austrian economics reveals that the phenomena are more prevalent when the market leaders are less competitive, less innovative and slow in implementing competitive activities. The findings, based on seven years of collected information from 41 industries, complements existing research activities done on organizational decline, competitive dynamics and hypercompetition.
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