Competitive dynamics in an emerging economy: competitive pressures, resources, and the speed of action

Yang, W. and Meyer, K. E. (2015) Competitive dynamics in an emerging economy: competitive pressures, resources, and the speed of action. Journal of Business Research, 68(6), pp. 1176-1185. (doi:10.1016/j.jbusres.2014.11.012)

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Abstract

In fast-paced markets, the speed of action is critical to gaining competitive advantage. Yet, who will act quickest to rise to emergent challenges and opportunities? We investigate this question of competitive dynamics by combining behavioral and resource-based theories of the firm to explore drivers particularly relevant in an emerging economy context. Our empirical study based on a survey in China finds that strategic growth actions are taken faster by firms with underperforming market share, strong technological capabilities and strong leader strategic competences. In contrast, strategic joint actions with other businesses are employed more speedily by firms under financial pressures but with strong leader strategic competences.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Yang, Dr Wei
Authors: Yang, W., and Meyer, K. E.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Business Research
Publisher:Elsevier
ISSN:0148-2963
ISSN (Online):1873-7978
Published Online:04 December 2014

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