A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that...

This paper reviews economic evidence concerning the international integration of markets and concludes that most measures of market integration have scaled new heights in the last few decades but still fall far short of economic theory's ideal of perfect integration. Intermediate levels of...

Diversified business groups dominate the private sectors of most of the world's economies. Several of these economies have undergone sudden policy changes that significantly increase competitive intensity. We demonstrate how the changes in corporate scope that accompany such "competitive shocks"...

This paper analyzes a dynamic mixed duopoly in which a profit-maximizing competitor interacts with a competitor that prices at zero (or marginal cost), with the cumulation of output affecting their relative positions over time. The modeling effort is motivated by interactions between Linux, an...

This paper is a history of ideas about business strategy and how they came to be influenced by competitive thinking. Both academics and practitioners' contributions are noted. The bulk of the paper focuses on efforts in the 1970s and the 1980s to deepen the analysis of industry attractiveness...

In its search for the answer to the question of firm performance differences, the strategy field has provided two types of answers - differences in firms' current competitive position (Porter, 1996) or differences in position at some prior time point (Selznick, 1957), where the latter sort of...

Strategists have tended to explain sustained performance differences across firms in terms of two types of interactions among choices: cross-sectional interactions and longitudinal ones. We explore the interplay between these two sorts of forces first in a qualitative manner drawing on case of...

Agglomeration in FDI is typically attributed to location-specific characteristics such as natural resource advantages or production related spillovers between multinational firms. The increasing collocation of the largest global firms in the cement industry since the 1980s is not easily...

Studies of competitiveness tend to focus on a local economy's global interactions, particularly its international trade. But for countries that are at least mid-sized (such as Spain), interregional trade tends to be as large as or significantly larger than international trade. The case of...