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Author:Thomas, L.
III
Title:The two faces of competition: dynamic resourcefulness and the hypercompetitive shift
Journal:Organization Science
1996 : JUN, VOL. 7:3, p. 221-242
Index terms:MANAGEMENT
ORGANIZATIONS
COMPUTER USERS
COMPETITION
Language:eng
Abstract:Competition in the American economy has fundamentally changed over the last few decades, from static to dynamic. This study labels this important change the hypercompetitive shift, and documents it across 200 industries of the US manufacturing sector during 1958 to 1991. For industries that undergo a hypercompetitive shift, there is an increase in the cross-firm variance in performance and a rotation in the value-rivalry relationship from a negative association to an inverted-U.
SCIMA record nr: 155286
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