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A Generic Model of Competitive Dynamics
Terence A. Oliva, Diana L. Day and Ian C. MacMillan
The Academy of Management Review
Vol. 13, No. 3 (Jul., 1988), pp. 374-389
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/258086
Page Count: 16
You can always find the topics here!Topics: Inertia, Catastrophe theory, Behavioral sciences, Industrial management, Disasters, Industrial market, Mathematical cusps, Mathematical surfaces, Corporate strategies, Catastrophe modeling
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Using catastrophe theory, this article presents a generic model of competitive dynamics that allows for the integration of structural (industry inertia) and process (relative competitive force) components of competitive dynamics found in the marketplace. More specifically, this article presents a cusp catastrophe model to account for the variety of ways changes in competitive position can occur among competing businesses in an industry, and it builds on the growing body of catastrophe applications to organizational and managerial contexts.
The Academy of Management Review © 1988 Academy of Management