{"title":"To be different or to be the same when you are a small firm? Competitive interdependence as a boundary condition of the strategic balance perspective","authors":"Beatriz Domínguez , Raquel Orcos , Sergio Palomas","doi":"10.1016/j.lrp.2022.102289","DOIUrl":null,"url":null,"abstract":"<div><p>This article deepens the analysis of the strategic balance perspective's boundary conditions through the lens of competitive dynamics, focusing on the particular case of small firms. We propose that competitive interdependence shapes the link between strategic similarity and small-firm performance. Specifically, we examine this boundary condition in terms of competitive asymmetry and market overlap between a small firm and two reference points, namely the industry leader and peers. We find that the effect of strategic similarity differs depending on whether there is competitive asymmetry and on the level of market overlap.</p></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"56 2","pages":"Article 102289"},"PeriodicalIF":7.4000,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Long Range Planning","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S002463012200108X","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 1
Abstract
This article deepens the analysis of the strategic balance perspective's boundary conditions through the lens of competitive dynamics, focusing on the particular case of small firms. We propose that competitive interdependence shapes the link between strategic similarity and small-firm performance. Specifically, we examine this boundary condition in terms of competitive asymmetry and market overlap between a small firm and two reference points, namely the industry leader and peers. We find that the effect of strategic similarity differs depending on whether there is competitive asymmetry and on the level of market overlap.
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.