search query: @indexterm Resources / total: 177
reference: 102 / 177
| Author: | Boone, C. Witteloostuijn, A. van |
| Title: | A unified theory of market partitioning: an integration of resource-partitioning and sunk cost theories |
| Journal: | Industrial and Corporate Change
2004 : OCT, VOL. 13:5, p. 701-725 |
| Index terms: | integration markets resources theories |
| Language: | eng |
| Abstract: | This paper integrates a sociological and an economic theory of market partitioning into a unifying framework: Carroll's resource-partitioning and Sutton's sunk cost theories. This is done in order to understand the antecedents and consequences of so-called dual market structures. A dual market features high concentration and high density. It is suggested that both theory fragments are highly complementary. However, the accounts of dual market structure evolution in the resource-partitioning and sunk cost theories are very different. This is instrumental in developing a dynamic theory of Porterian strategic management. |
SCIMA