RIVALRY, STRATEGIC GROUPS AND FIRM PROFITABILITY

被引:151
作者
COOL, K
DJERICKX, I
机构
[1] Insead, Fontainebleau
关键词
STRATEGIC GROUPS; RIVALRY; RESOURCES; PHARMACEUTICALS; PROFITABILITY;
D O I
10.1002/smj.4250140106
中图分类号
F [经济];
学科分类号
02 ;
摘要
An analysis of the U.S. pharmaceutical industry during the period 1963-82 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of firms, in segment interdependence and in strategic distance. In contrast, declining industry profitability is strongly associated with increasing rivalry. This increasing rivalry is associated with changes in strategic group structure and a concomitant shift from within group rivalry to between group rivalry.
引用
收藏
页码:47 / 59
页数:13
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