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 |
DOI |
10.1016/j.lrp.2023.102328 |
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. |
Author Keywords |
Hypercompetition; Sustainable competitive advantage; Dynamic competition; Technology-intensive sectors; Performance |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Social Science Citation Index (SSCI) |
EID |
WOS:001048854000001 |
WoS Category |
Business; Development Studies; Management |
Research Area |
Business & Economics; Development Studies |
PDF |
https://doi.org/10.1016/j.lrp.2023.102328
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