| Title | The regional and temporal nature of hypercompetition |
|---|---|
| ID_Doc | 74618 |
| Authors | Lindskov, A; Sund, KJ; Dreyer, JK; Yu, J |
| Title | The regional and temporal nature of hypercompetition |
| Year | 2023 |
| Published | Long Range Planning, 56, 4 |
| Abstract | Numerous scholars have suggested that the global technology-intensive sector has become hy-percompetitive, yet few have tested this empirically. Those that have find seemingly conflicting evidence. Applying commonly used measures, we explore whether this could be due to hyper -competition being more time and context specific than previously thought. Based on data from the United States, Europe, Japan, and China covering 1980-2018, we find no indication of a generalized increase in business performance volatility in this sector across regions. We do find a declining stability in the performance of Japanese firms over the study period, but in US firms only leading up to the burst of the dotcom bubble. A structural break analysis helps us conclude that hypercompetition is a phenomenon limited in both location, time, and industry, linked to industry breakpoints across its life cycle. |
| https://doi.org/10.1016/j.lrp.2023.102328 |
No similar articles found.