Diversification, Industry Dynamism, and Economic Performance

Knecht, Matthias

doi:10.1007/978-3-658-02677-6

Cited by 16 publications

(15 citation statements)

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“…aggressiveness of competitors). However, these determinants are also similar to what Knecht (2013) uses to measure of industry dynamism. So, the question of how to measure or determine whether a region or industry is hypercompetitive still remains unanswered.…”

Section: Methodological Issuesmentioning

confidence: 71%

Hypercompetition: a review and agenda for future research

Lindskov

2021

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Purpose The purpose of this study is to review and understand the dimensionality of hypercompetition, factors causing a hypercompetitive environment and the consequences of hypercompetition on markets. Thereby, the purpose of the study is to cover the main contributors in the research field of hypercompetition and explore their findings and different views on hypercompetition. Design/methodology/approach Systematically review 131 conceptual and empirical studies published or presented at a conference in the past 25 years, with the focus on the definitions, causes and consequences (or presumed effects) of hypercompetition. In the paper, I follow the well-known systematic literature review method by Tranfield et al. (2003). Findings The contribution of the study is to advance the knowledge of researchers and managers, in such a way that it becomes easier for them to select relevant variables to measure hypercompetition and identify strategies for gaining temporary competitive advantages in hypercompetitive environments. The construct of hypercompetition required a consolidation of commonalities in the definitions and characteristics used by scholars, to ensure that proper assumptions and variables are being used to measure hypercompetition in future research. Several ways to measure the effects of hypercompetition on firms, industries and individuals have been proposed, but the field still lacks of a clear definition on how to directly measure the construct. Practical implications In this paper, I highlight three managerial implications of hypercompetition as follows: action-based strategy, the determinants of hypercompetition and the importance for managers of accurately establishing their firm’s competitive situation. Originality/value Previous reviews in the area have either focussed on specific components or effects of hypercompetition. The present study collectively takes into consideration the definitions, causes and consequences of hypercompetition on firms, industries and individuals. The contribution of the paper is to indicate future opportunities and challenges within research on hypercompetition.

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Section: Methodological Issuesmentioning

confidence: 71%

Hypercompetition: a review and agenda for future research

Lindskov

2021

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“…Market-based view explains the organization approach based on the business environment of the industry and the way the competitors execute their business in the same industry (Knecht, 2014). This can lead to business competitiveness among the various players within the same domain.…”

Section: Csfs For Cloud Erpmentioning

confidence: 99%

Organizational, technological and extrinsic factors in the implementation of cloud ERP in SMEs

Gupta

Misra

Kock

et al. 2018

JOCM

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Purpose Use of cloud-based enterprise resource planning (ERP) services equips an SME to forego the requirements of high financial budget, IT infrastructure, and trained IT personnel as it is required for on-premise ERP solution. The purpose of this paper is to analyze the organizational and technological factors as well as the factors that concern the performance of cloud service provider. These concerns are known as extrinsic factors and they are compliance, network, and information security. This study links the organizational and technological factors of SMEs and the extrinsic factors of cloud vendor for the successful implementation of cloud ERP. Design/methodology/approach Resource dependence theory (RDT) was used to understand the relationship of SMEs and cloud service provider. Structural equation modeling was employed in analyzing the data of 208 SMEs that were collected through a survey. Findings The empirical analysis supports the RDT as the critical success factors of the SMEs have a positive relationship with the extrinsic factors (compliance, network, and information security) during the cloud ERP implementation. Research limitations/implications The data collected in this study is from India and this acts as a limitation as the result might not hold true for other countries and regions. Also, the data collected are cross-sectional and only represent the perspective of the respondents at the time of filling the questionnaire. Originality/value This paper attempts to bring out a relationship between SMEs and cloud service provider for the successful implementation of cloud ERP.

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“…The eclectic paradigm theory posits that firms can decide to enter foreign markets and that such decisions should depend on the level of ownership and control, locational advantages and other benefits associated with the decision to internationalize (Dunning, 1995). Due to the growing relevance of resources and expertise in the successful operation of a firm in any market, dynamic capabilities theory deals with the inadequacies in traditional approaches, such as resource-based theory which lacks dynamism (Knecht, 2014). Dynamic capabilities theory intends to provide a link between the dynamic nature of the business environment and the capabilities of a firm, in order to achieve innovative advantages within the objective markets (Sapienza et al , 2006).…”

Section: Theoretical Background and The Conceptual Modelmentioning

confidence: 99%

Risk-based entry decision into African construction markets: a proposed integrated model

Odediran

Windapo

2018

BEPAM

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Purpose The purpose of this paper is to propose a risk-based entry decision model to mitigate the impact of risk and ease the entry of multinational construction companies (MNCCs) into African construction market (ACM). Design/methodology/approach A review of extant literature helps identify risks in the international construction market (ICM) and entry modes used by MNCCs to enter into the ICM. A conceptual model is designed for a risk-based entry decision. Data for validating the proposed model are sourced from multiple sources – survey, interview and financial and annual report of companies surveyed. Findings Findings reveal significant risks in the ICM and different modes of MNCCs entry to foreign market. Experience of MNCCs shows that the perceived impact of risk influence decisions made to enter into foreign markets, and interactive relationships between resources and entry decisions made to mitigate the perceived impact of risks. Originality/value Significant risks are expected in the ACM. However, adequate perception of risks based on resources levels of MNCCs and strategic entry decisions would assist in mitigating the potential impacts of risk.

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Diversification, Industry Dynamism, and Economic Performance

Cited by 16 publications

References 0 publications

Hypercompetition: a review and agenda for future research

Hypercompetition: a review and agenda for future research

Organizational, technological and extrinsic factors in the implementation of cloud ERP in SMEs

Risk-based entry decision into African construction markets: a proposed integrated model

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