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Author:Lee, G.K.
Title:Relevance of organizational capabilities and its dynamics: What to learn from entrants' product portfolios about the determinants of entry timing
Journal:Strategic Management Journal
2008 : DEC, VOL. 29:12, p. 1257-1280
Index terms:strategic planning
marketing
markets
market entry
Language:eng
Abstract:According to the resource-based view, the timing of market entry by a firm depends on its resources and capabilities. However, a plenty of important questions remain. This study develops a dynamic, refined version of the resource-based view, parameterizing a firm by its time-varying capability relevance (here as: c-r.) with as to a focal market with predictions on entry timing and future growth of c-r. Developed is a novel approach using the entrants' product portfolios to infer a potential entrant's c-r. Based on results of a panel of potential entrants, it is shown that the initial and current c-r. each affect entry timing alone, revealing the persistent effect of the initial condition etc.
SCIMA record nr: 267929
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