Intraindustry structure and the ease of strategic change

Sharon M. Oster

171 citations0/0 files storedAdvances in strategic management

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Firm Innovation and Growth Merger and Competition Analysis Business Strategy and Innovation

Abstract

There has been considerable recent work in industrial organization emphasizing the importance of group stratification within industries. The thrust of this literature is that in empirical work, and in particular in investigating public policy problems, differences across firms within an industry may be crucial. This paper is intended as a contribution to the empirical literature of group structures. In this paper, I examine patterns of strategic group membership in a number of industries, and analyze changes in the strategies used by firms. In particular, I provide a series of rather simple exploratory tests of the importance of intraindustry strategic differences in a number of industries.

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References

2024The Quarterly Journal of Economics 1959Models of Man.1974Advertising as Information 1973Industry Structure, Market Rivalry, and Public Policy 1977From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition*1979The Structure within Industries and Companies' Performance 1979The Structure Within Industries and Companies' Performance 1972The Elements of Market Structure

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2016Economic Analysis and the Quest for Competitive Advantage 1985Market share as a source of market power: Implications and some evidence 2007Strategic groups, competitive groups and performance within the U.K. pharmaceutical industry: Improving our understanding of the competitive process 1993Intra‐industry structure and the response toward rivals 2001Does group membership matter? Evidence from the Japanese steel industry 1990STRATEGIC TIME PERIODS AND STRATEGIC GROUPS RESEARCH: CONCEPTS AND AN EMPIRICAL EXAMPLE

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