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Import Competition and Strategic Group Behavior

Import Competition and Strategic Group Behavior
Author: Kiseol Nam
Publisher:
Total Pages: 172
Release: 1996
Genre: Brewing industry
ISBN:

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This study provides the model that first synthesizes strategic group theory with the New Empirical Industrial Organization (NEIO) approach in the international trade analysis, and uses the annual group data (1953-1988) from the U.S. brewing industry with two strategic groups (national producers and regional producers) in the presence of growing import competition. The main goal of study is to examine the impact of import and strategic group competition on strategic group behavior and market power in the U.S. brewing industry. Using the conjectural variation technique under the profit maximization assumption, the model estimates directly conjectural elasticities and the Lerner indexes incorporating firm behavior in competing with rivals from imports, and inside and outside each strategic group. The thesis shows the main following conclusions. Inside the group, national and regional brewers behave like Bertrand-type competitors and regional firms are more competitive than national firms. In the cross-group rivalry, national firms expect a cooperative response from regional brewers and regional firms expect an aggressive response from national producers. Holding possibly a sufficient niche market, import competition does not affect the behavior and market power of national and regional producers. As for over-all behavior, neither national nor regional firms behave like price-takers. National firms exert a significantly higher degree of market power than do regional firms, the market power of which appears to be harmed by national brewers. However, an average brewer exercises no market power in the industry as a whole.


The Competitive Advantage of Nations

The Competitive Advantage of Nations
Author: Michael E. Porter
Publisher:
Total Pages: 0
Release: 1990
Genre: Competition, International
ISBN:

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Strategic Groups, Strategic Moves and Performance

Strategic Groups, Strategic Moves and Performance
Author: Herman Daems
Publisher: Pergamon Press
Total Pages: 368
Release: 1994-09-16
Genre: Business & Economics
ISBN: 9780080377681

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Provides a collection of papers, analyzing and assessing the role and value of strategic moves and groups in industry. This book contains theoretical models which are supplemented by empirical studies on the dynamics of competitive moves and the link between strategic groups and performance. It links commentaries and extensive reviews of research.


Competitive Strategy

Competitive Strategy
Author: C B Rao
Publisher: Notion Press
Total Pages: 212
Release: 2017-01-05
Genre: Business & Economics
ISBN: 1946436690

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Competitive Strategy is a key driver of industrial growth and economic development. Professor Michael Porter’s treatise, formulated in 1980, remains the only integrated work on the subject to date. While its core concepts endure, it requires the holistic incorporation of additional insights and prescriptions, based on current and future trends. This book reviews Porter’s work in the context of the global economic forces and rapid technological changes that have affected businesses and their strategies from the mid-2000s. It focuses on select aspects of competitive strategy particularly affected by such forces and develops several novel constructs to strengthen and expand the core analytical framework of competitive strategy with a futuristic perspective. The book embeds the impact of technology throughout but recognises that a more focused and detailed analysis of the same has been presented in the author’s recent companion work, Technology and Competitive Strategy: Perspectives for Innovators, Differentiators and Followers. Each of the book’s chapters is dedicated to a unique facet of competitive strategy, with novel hypotheses and constructs supported by multiple real-life examples. The book will inspire professionals, business leaders, academicians and public policy makers involved in strategy and growth to appreciate issues and solutions in a broader and a more contemporaneous industrial and economic context.


Competition, Competitive Advantage, and Clusters:The Ideas of Michael Porter

Competition, Competitive Advantage, and Clusters:The Ideas of Michael Porter
Author: Robert Huggins
Publisher: OUP Oxford
Total Pages: 336
Release: 2011-03-31
Genre: Business & Economics
ISBN: 0199578036

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Harvard professor, Michael Porter has been one of the most influential figures in strategic management research over the last three decades. He infused a rigorous theoretical framework of industrial organization economics with the then still embryonic field of strategic management and elevated it to its current status as an academic discipline. Porter's outstanding career is also characterized by its cross-disciplinary nature. Following his most important work on strategicmanagement, he then made a leap to the policy side and dealt with a completely different set of analytical units. More recently he has made a foray into inner city development, environmental regulations, and health care services. Throughout these explorations Porter has maintained his integrative approach,seeking a road that links management case studies and the general model building of mainstream economics.With expert contributors from a range of disciplines including strategic management, economic development, economic geography, and planning, this book assesses the contribution Michael Porter has made to these respective disciplines. It clarifies the sources of tension and controversy relating to all the major strands of Porter's work, and provides academics, students, and practitioners with a critical guide for the application of Porter's models. The book highlights that while many of thecriticisms of Porter's ideas are valid, they are almost an inevitable outcome for a scholar who has sought to build bridges across wide disciplinary valleys. His work has provided others with a set of frameworks to explore in more depth the nature of competition, competitive advantage, and clusters froma range of vantage points.


Modern Competitive Analysis

Modern Competitive Analysis
Author: Sharon M. Oster
Publisher: Oxford University Press, USA
Total Pages: 432
Release: 1994
Genre: Business & Economics
ISBN:

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Unusually broad in scope, with many examples from large and small companies, service firms, manufacturers, foreign and American organizations, as well as non-profit corporations, the book emphasizes an economic approach to strategic planning, using some of the most recent theories to illuminate situations faced by businesses today.


Microeconomics, Competition and Strategic Behaviour

Microeconomics, Competition and Strategic Behaviour
Author: Markus Thomas Münter
Publisher: UTB
Total Pages: 421
Release: 2022-09-05
Genre: Business & Economics
ISBN: 3825259080

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Microeconomics is not applied math – frameworks in this book are regularly in use in daily managerial practice and strategic decision-making. Numerous case studies cover price discrimination, economies of scale, digital business models, game theory, dealing with uncertainty, entry barriers or sunk costs – all of which are crucial for understanding market dynamics and competitive behaviour.


Strategic Positioning in the Consulting Industry

Strategic Positioning in the Consulting Industry
Author: Kerim Galal
Publisher: BoD – Books on Demand
Total Pages: 202
Release: 2014-11-11
Genre: Business & Economics
ISBN: 3844103651

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This book provides an in-depth analysis of strategic positioning efforts of firms in the German consulting market. In his work, the author applies strategic group theory to the German management consulting industry, and provides an empirical test of the performance effects of alternative positioning strategies of management consulting firms. At the core is its empirical research, specifically the analysis of the “service expositions”, through which consulting firms communicate the nature of their services to clients. In order to ascertain these service expositions, the author conducts content analysis of 233 consulting firms active in the German market. He then uses the findings in order to cluster the firms into distinct strategic groups and tests for associations between the positioning of firms within their respective group and their performance. Overall, the author finds evidence of three distinct strategic groups of consulting firms that operate in the German market, which he describes as “Standardized Solution Providers”, “Functional Specialists” and “Functional Generalists”. “Practitioners and industry observers are going to find this book uniquely helpful as it provides clarity on both the macro- and the micro-strategies of consulting firms active in Germany i. e., the overall service portfolio choices they make (which types of services to offer at all), and the specific communicative positioning of these service offerings vis-à-vis their clients. Strategy scholars will benefit from the in-depth discussion of the strengths and limitations of strategic group theory in general, and of strategic balance theory in particular.” Prof. Ansgar Richter, PhD


Entrepreneurship and Behavioral Strategy

Entrepreneurship and Behavioral Strategy
Author: T. K. Das
Publisher: IAP
Total Pages: 321
Release: 2020-06-01
Genre: Business & Economics
ISBN: 164802050X

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Behavioral strategy continues to attract increasing research interest within the broader field of strategic management. Research in behavioral strategy has clear scope for development in tandem with such traditional streams of strategy research that involve economics, markets, resources, and technology. The key roles of psychology, organizational behavior, and behavioral decision making in the theory and practice of strategy have yet to be comprehensively grasped. Given that strategic thinking and strategic decision making are importantly concerned with human cognition, human decisions, and human behavior, it makes eminent sense to bring some balance in the strategy field by complementing the extant emphasis on the “objective” economics-based view with substantive attention to the “subjective” individual-oriented perspective. This calls for more focused inquiries into the role and nature of the individual strategy actors, and their cognitions and behaviors, in the strategy research enterprise. For the purposes of this book series, behavioral strategy would be broadly construed as covering all aspects of the role of the strategy maker in the entire strategy field. The scholarship relating to behavioral strategy is widely believed to be dispersed in diverse literatures. These existing contributions that relate to behavioral strategy within the overall field of strategy has been known and perhaps valued by most scholars all along, but were not adequately appreciated or brought together as a coherent sub-field or as a distinct perspective of strategy. This book series on Research in Behavioral Strategy will cover the essential progress made thus far in this admittedly fragmented literature and elaborate upon fruitful streams of scholarship. More importantly, the book series will focus on providing a robust and comprehensive forum for the growing scholarship in behavioral strategy. In particular, the volumes in the series will cover new views of interdisciplinary theoretical frameworks and models (dealing with all behavioral aspects), significant practical problems of strategy formulation, implementation, and evaluation, and emerging areas of inquiry. The series will also include comprehensive empirical studies of selected segments of business, economic, industrial, government, and non-profit activities with potential for wider application of behavioral strategy. Through the ongoing release of focused topical titles, this book series will seek to disseminate theoretical insights and practical management information that will enable interested professionals to gain a rigorous and comprehensive understanding of the subject of behavioral strategy. Entrepreneurship and Behavioral Strategy contains contributions by leading scholars in the field of entrepreneurship with an interest in researching behavioral perspectives. The 10 chapters in this volume deal with a number of significant issues relating broadly to the behavioral aspects of entrepreneurship, covering topics such as entrepreneurial process orientation, a machine learning approach to reviewing the intersection of the entrepreneurship and behavioral strategy literatures, the temporalities of entrepreneurial risk behavior, entrepreneurs under ambiguity, disruptive business model innovations, international attention, entrepreneurial team formation, building alliances in new and small ventures, the role of insight in entrepreneurial action, and the effects of foreign competition on entrepreneurship activities. The chapters include empirical as well as conceptual treatments of the selected topics, and collectively present a wide-ranging review of the noteworthy research perspectives on the confluence of entrepreneurship and behavioral strategy.