Table 2. Articles in this special issue on temporary competitive advantages |
||
Sequences: Long-term patterns or themes of multiple advantages over time |
Erosion and compression: Short-term duration and magnitude of a single advantage |
|
Action-based advantages |
• Hypercompetition |
• Competitive dynamics (especially |
response time and type to an action) |
||
• Evolutionary theory |
• Austrian economics |
|
• Opportunistic search |
• Creative destruction |
|
How sequences of competitive actions create advantage for firms in nascent markets |
Life in the fast lane: origins of competitive interaction in new versus established markets |
|
By Rindova, Ferrier, and Wiltbank, 2010 |
By Chen, Lin, and Mitchel, 2010 |
|
Resource-based advantages |
• Dynamic capabilities |
• Resource life cycles |
• High velocity |
• Strengths and weaknesses |
|
• New 7S's |
||
Complementarity-based |
The dynamic interplay of capability |
|
hypercompetition in the software |
strengths and weaknesses: investigating |
|
industry: theory and empirical test, |
the bases of temporary competitive |
|
1990-2002 |
advantage |
|
By Lee, Venkatraman, Tanriverdi, and Iyer, 2010 |
By Sirmon, Hitt, Arregle, and Campbell, 2010 |
|
Performance-related advantages |
• Volatility |
• Continuous change |
• Rarity |
• Time compression and duration of |
|
superior performance |
||
• Hypercompetitive shift |
• Self-cannibalization |
|
Institutional development and hypercompetition in emerging economies |
Erosion, time compression, and self-displacement of leaders in hypercompetitive environments |
|
By Hermelo and Vassolo, 2010 |
By Pacheco-de-Almeida, 2010 |
We selected a set of articles that would fill out the matrix in Table 2 in order to demonstrate how temporary advantage can be researched using the six perspectives in theTable, and how the unit of analysis may vary from the firm-, industry-, and cross-national-levels of analysis. In addition, this special issue includes papers using a wide variety of methods running from mathematical modeling, simulations, survey methods, and methods imported from psychology concerning how to identify patterns among sequences of behaviors. And two of the seven articles use data sets based on firms outside the U.S. The articles make contributions to both the antecedents and consequences of temporary advantage.
The antecedents of temporary advantages
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