Abstract

Despite their prevalence and significance, competitive wars have received limited attention from the strategy literature. Our knowledge of how inter-organizational linkages influence competitive wars is particularly lacking. Drawing on the social embeddedness perspective, we argue that both direct linkages (i.e., strategic alliances) and indirect linkages (i.e., common ownership ties and common analyst ties) reduce the likelihood of war, thereby functioning as the glue that binds firms together. Yet once competitive wars are launched in related markets, indirect linkages through common third parties may continuously function as glue, reducing the likelihood of war spillover, whereas direct linkages, such as strategic alliances, may facilitate the spillover of competitive wars, akin to adding gasoline to a fire. Using data from the U.S. domestic airline industry between 1991 and 2010, our empirical evidence offers strong support for our predictions.

Keyword

Competitive Strategy ;  Competitive dynamics ;  Topic Areas ;  Strategic Management

Abstract

Keyword

competitive dynamics ;  earnings surprise ;  language signals ;  strategic communication

Abstract

This study investigates the role of self-enforced and third party-enforced interorganizational relationships (IORs) in influencing the spillover of price wars. Unlike previous research that emphasized economic factors (e.g., demand fluctuations and firm financial health) that precipitate price wars, this study underscores the relational aspect of price wars. Specifically, we argue that although self-enforced and third party-enforced relationships among competitors may both reduce the likelihood of price wars; once a war has started, third-party- enforced relationships will reduce the likelihood that a price war will spread into additional markets, while self-enforced relationships will increase the likelihood of such spillover. Using data from the United States (US) domestic airline industry from 1992 to 2010, our empirical evidence offers strong support for our predictions. By signifying the importance of IORs in the spillover of price wars, we hope to contribute to research on interorganizational relationships, as well as research on competition.

Keyword

Abstract

湖南卫视成功的将选秀节目这一电视形态引入到中国，从《快乐女声》到《我是歌手》创造了一个个电视节目的收视神话。竞争对手群雄而起纷纷推出了自己的音乐选秀节目。音乐选秀节目市场日益饱和，观众收视出现疲态，国家相关部门政策日益严厉，颁布了针对音乐选秀节目的“限娱令”。一方面，新节目形态急缺，另一方面，群雄逐鹿的竞争不容市场缺位。2013年，湖南卫视《变形计》的制片人谢涤葵被委以重任打造一档全新的娱乐节目。他需要确定新栏目的定位，更需在版权购买和自主创新两种节目研发模式之间进行平衡。

Keyword

真人秀 ;  产品设计与创新 ;  版权引进 ;  娱乐节目 ;  自主创新