The regional and temporal nature of hypercompetition

IF 7.4 2区管理学 Q1 BUSINESS

Long Range Planning Pub Date : 2023-08-01 DOI:10.1016/j.lrp.2023.102328

Annesofie Lindskov , Kristian J. Sund , Johannes K. Dreyer , Jiang Yu

引用次数: 0

Abstract

Numerous scholars have suggested that the global technology-intensive sector has become hypercompetitive, yet few have tested this empirically. Those that have find seemingly conflicting evidence. Applying commonly used measures, we explore whether this could be due to hypercompetition being more time and context specific than previously thought. Based on data from the United States, Europe, Japan, and China covering 1980–2018, we find no indication of a generalized increase in business performance volatility in this sector across regions. We do find a declining stability in the performance of Japanese firms over the study period, but in US firms only leading up to the burst of the dotcom bubble. A structural break analysis helps us conclude that hypercompetition is a phenomenon limited in both location, time, and industry, linked to industry breakpoints across its life cycle.

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超级竞争的地域性和时代性

许多学者认为，全球技术密集型行业已经变得超级竞争，但很少有人对此进行实证检验。那些发现了看似矛盾的证据的人。运用常用的测量方法，我们探讨了这是否可能是由于超级竞争比以前认为的更具时间和环境特异性。根据美国、欧洲、日本和中国1980年至2018年的数据，我们没有发现该行业各地区企业业绩波动普遍增加的迹象。在研究期间，我们确实发现日本公司的业绩稳定性在下降，但美国公司的业绩稳定性只在互联网泡沫破裂之前出现。结构性断裂分析帮助我们得出结论:超级竞争是一种受地点、时间和行业限制的现象，与行业生命周期中的断点有关。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Long Range Planning Multiple-

CiteScore

13.00

自引率

7.10%

发文量

期刊介绍： Long Range Planning (LRP) is an internationally renowned journal specializing in the field of strategic management. Since its establishment in 1968, the journal has consistently published original research, garnering a strong reputation among academics. LRP actively encourages the submission of articles that involve empirical research and theoretical perspectives, including studies that provide critical assessments and analysis of the current state of knowledge in crucial strategic areas. The primary user base of LRP primarily comprises individuals from academic backgrounds, with the journal playing a dual role within this community. Firstly, it serves as a platform for the dissemination of research findings among academic researchers. Secondly, it serves as a channel for the transmission of ideas that can be effectively utilized in educational settings. The articles published in LRP cater to a diverse audience, including practicing managers and students in professional programs. While some articles may focus on practical applications, others may primarily target academic researchers. LRP adopts an inclusive approach to empirical research, accepting studies that draw on various methodologies such as primary survey data, archival data, case studies, and recognized approaches to data collection.