From social ties to embedded competencies: the case of business groups

Heugens, P. P.M.A.R. and Zyglidopoulos, S. C. (2008) From social ties to embedded competencies: the case of business groups. Journal of Management and Governance, 12(4), pp. 325-341. (doi: 10.1007/s10997-008-9064-7)

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Abstract

Our current views of economic competition are still rooted in the imagery of the isolated firm that transacts with its buyers, suppliers, and competitors via largely anonymous factor and product markets. Yet this view is fundamentally at odds with the growing importance of business groups in the global economy. We thus need a reconceptualized version of our idea of economic competition, which is capable of explaining competitive advantage at the group-versus-group rather than firm-versus-firm level of analysis. In the present paper we build on insights derived from organizational sociology and organizational economics to develop a business group-level theory of competition and competitive advantage based on embedded competencies.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Zyglidopoulos, Dr Stylianos
Authors: Heugens, P. P.M.A.R., and Zyglidopoulos, S. C.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Management and Governance
Publisher:Springer New York LLC
ISSN:1385-3457
ISSN (Online):1572-963X
Copyright Holders:Copyright © 2008 The Authors
First Published:First published in Journal of Management and Governance 12(4):325-341
Publisher Policy:Reproduced under a Creative Commons License

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