Competition network as a source of competitive advantage: the dynamic capability perspective and evidence from China

Wang, Liang (Lucas) and Gao, Yan (2020) Competition network as a source of competitive advantage: the dynamic capability perspective and evidence from China. Long Range Planning . p. 102052. ISSN 0024-6301

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Abstract

The search for competitive advantage is the defining inquiry of strategic management research. In this study, we draw on the dynamic capability lens to develop a counterintuitive view that positions competitors of a firm as an important source of competitive advantage. We argue that a firm's competitors form a competition network from which it can collect information about innovative ideas, product market, and related industries. Such information helps it calibrate market opportunities, update the resource base, and, eventually, strengthen its competitive advantage. This positive effect of competition network on competitive advantage will reasonably be contingent upon the proactive information search by the firm. The empirical results based on the survey data of 631 Chinese firms strongly support our theoretical model. This study identifies another distinctive source of competitive advantage than industry context or organizational resources as well as advancing our understanding of competition network.

Item Type: Article
Additional Information: This is under GUPL
Keywords: Competition network; Competitive advantage; Information search; Dynamic capabilities
Schools/Departments: University of Nottingham Ningbo China > Faculty of Business > Nottingham University Business School China
Identification Number: https://doi.org/10.1016/j.lrp.2020.102052
Depositing User: QIU, Lulu
Date Deposited: 28 Dec 2020 07:59
Last Modified: 28 Dec 2020 07:59
URI: http://eprints.nottingham.ac.uk/id/eprint/64171

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