Author: | Baum, J. A. C. Mezias, S. J. |
Title: | Localized competition and organizational failure in the Manhattan hotel industry, 1898-1990. |
Journal: | Administrative Science Quarterly
1992 : DEC, VOL. 37:4, p. 580-604 |
Index terms: | COMPETITION ORGANIZATIONS HOTEL AND CATERING INDUSTRY |
Language: | eng |
Abstract: | The study investigates whether the organizations in a population with more similar resource requirements compete more intensely, examining Manhattan hotel industry from 1898 to 1990. This approach builds on existing density-based models of interorganizational competition by including variation at the organizational level directly in both the model and measures of competition. A dynamic analysis shows that hotels located in densely populated regions of the distributions of organizational size , geographic location, and price experienced significantly higher failure rates. The findings show how an ecological approach to competition that incorporates intrapopulation variation can provide a more detailed understanding of the competitive dynamics and evolution of organizational populations. |
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