Regulatory Entrepreneurship, Fair Competition, and Obeying the Law

Hughes, R. C.

doi:10.1007/s10551-021-04932-y

Cited by 13 publications

(2 citation statements)

References 29 publications

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“…These laws, policies, and regulations constitute a firm's political environment (Bain, 1956; Caves, 1964; Mason, 1939). The political environment may be favorable for a firm; that is, it may be advantageous to the firm's strategy and operations, or unfavorable, that is, less than appropriate for the success of the firm's strategy or operations at a given time (Gupta, 2004; Hughes, 2021; Jeppesen, 2005; Zinn & Goldsby, 2019). Moreover, the political environment is dynamic, with unfavorable short‐term environments becoming favorable in the longer run (and vice versa).…”

Section: Theoretical Background and Motivationmentioning

confidence: 99%

A theoretical model on how firms can leverage political resources to align with supply chain strategy for competitive advantage

Grover

Dresner

2022

J Supply Chain Manag

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The success of a firm's supply chain strategy depends on resources in the political environment and the supply network in which it operates. If the political environment is not conducive to a firm's supply chain strategy, a firm can either change its supply chain strategy or seek a political environment that is more favorable to its supply chain. This paper examines this second alternative. The structure-conduct-performance (SCP) paradigm and the competitive dynamics literature are used to explore the relationships between political actions that leverage supply network resources, supply chain strategies, and firm performance. We extend a well-known typology of political actions from the strategic management literature and suggest that beyond influencing or complying with the political environment, firms may choose to moderate the political environment (circumvent or submit) or stay neutral (free ride). An integrated model is developed to explore the relationships between political actions and supply chain strategy, along with a series of propositions outlining how political actions can facilitate supply chain risk management strategies. Finally, suggestions are provided for future research.

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Section: Theoretical Background and Motivationmentioning

confidence: 99%

A theoretical model on how firms can leverage political resources to align with supply chain strategy for competitive advantage

Grover

Dresner

2022

J Supply Chain Manag

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“…In the supply chain business environment, the SSCS facilitates a business operation, proactively regulating market changes. Based on this statement, the study shows that the SSCS provides competitive benefits to the firms', thus making them operate in a dynamic business environment ( 22 ). Significantly, the SSCS provides a first-mover advantage to the firms by getting ahead of other firms ( 23 ).…”

Section: Hypothesis Developmentmentioning

confidence: 98%

Sustainable Supply Chain Strategy and Sustainable Competitive Advantage: A Mediated and Moderated Model

Sun

Sarfraz

Khawaja

et al. 2022

Front. Public Health

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In the global business environment, sustainability has become a competitive priority of most enterprises. Sustainability as a differentiation approach enables organizations to compete in today's environment. However, despite the increasing adaptability to sustainability practices, pharmaceutical supply chain management is still facing challenges in preserving the global environment. The study contemplates the impact of sustainable supply chain strategy and sustainable competitive advantage while considering the mediating role of sustainable supply chain practice and moderating role of sustainability inhibitors. The data was collected from the 180 employees working in the pharmaceutical companies of Pakistan. The study applied a quantitative approach for testing a theoretical model, using discriminant validity analysis, assessment of measurement model, composite reliability & validity analysis to assess the dimensions and model's reliability and validity. The study results show a positive relationship between sustainable supply chain strategy and sustainable competitive advantage. Sustainable supply chain practice mediates the relationship between sustainable supply chain strategy and sustainable competitive advantage, while sustainability inhibitors strengthen the relationship between sustainable supply chain strategy and sustainable supply chain practice. This study will help managers develop impactful sustainable supply chain management practices that will lead to sustainable performance.

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The competitive dynamics of strategic risk‐taking, unethical behavior, and entry

Ostler

2024

Strategic Management Journal

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Research SummaryThis article argues that strategic risk‐taking in the form of unethical behavior can lead to successful entry and that this entry can drive incumbents to either adopt similar behavior or potentially be forced out of the market. Thus, entrepreneurs can introduce innovative, but socially destructive, behavior to a market and motivate its adoption by incumbents. Empirical support is found using a policy change in the liver transplant market to identify the use and adoption of unethical misrepresentation of patient health status. This article contributes to our understanding of entrepreneurial strategy as well as the competitive dynamics between entrants and incumbents in adopting new risky innovations and, in particular, unethical behaviors.Managerial SummaryThis article highlights the impact of strategic risk‐taking through unethical practices, showing how they can sometimes lead to a successful market entry. Successful entry can force existing market players to either follow suit or risk being forced out of the market. This study looks at the liver transplant market, where transplant centers took advantage of a previous policy by misrepresenting patient health status to move their patients to the top of the transplant list. The findings underscore the importance of understanding the competitive dynamics of adopting innovative yet ethically questionable strategies by both new entrants and established companies, offering valuable insights into how businesses navigate competitive pressures and ethical boundaries. It also highlights the importance of policymakers considering these competitive dynamics when setting policy.

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Regulatory Entrepreneurship, Fair Competition, and Obeying the Law

Cited by 13 publications

References 29 publications

A theoretical model on how firms can leverage political resources to align with supply chain strategy for competitive advantage

A theoretical model on how firms can leverage political resources to align with supply chain strategy for competitive advantage

Sustainable Supply Chain Strategy and Sustainable Competitive Advantage: A Mediated and Moderated Model

The competitive dynamics of strategic risk‐taking, unethical behavior, and entry

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