Competitive Action and Response in Global Marketplace: The Drivers and Consequences

Emerald - Tập 11 Số 3 - Trang 3-18 - 2013
Eon-SeongLee1
1Maritime and Logistics Management Department, Australian Maritime College, University of Tasmania, Locked Bag 1397, Newnham, Launceston, TAS7248, Australia

Tóm tắt

This study aims to develop a competitive dynamics model of container shipping liners, one which examines how inter-firm network embeddedness would affect inter-firm rivalry such as the likelihood of a competitive action of a focal firm and the likelihood of its rivals’ response and how the inter-firm rivalry then has an influence on the market share of the focal firm. Structural and relational network embeddedness between a focal firm and its competitors would be investigated as drivers of the likelihood of the competitive action and response. The theoretical framework on the relationship between network embeddedness, inter-firm rivalry and market share in the liner shipping industry will be developed and relevant propositions are then suggested in relation to the model. This attempt may provide meaningful insights for managers and academic researchers into the key factors which affect the inter-firm rivalry between shipping liners and may also detail the impact of inter-firm rivalry on the focal firm’s market share. This research would therefore contribute to the development of the competitive strategy of container shipping companies so as to help them strategically manage their rivals’ competitive behaviors and maximize their market share.

Từ khóa


Tài liệu tham khảo

Brooks, M. (2000) Sea Change in Liner Shipping: Regulation and Managerial Decision-Making in a Global Industry, Pergamon, New York.

Chen, M. and Miller, D. (1994) “Competitive Attack, Retaliation and Performance: An Expectancy-Valence Framework”, Strategic Management Journal, 15(1), 85-102. 10.1002/smj.4250150202

Chen, M-J. (1996) “Competitor analysis and Interfirm Rivalry: Toward a Theoretical Integration, Academy of Management Journal, 21(1), 100-134. 10.5465/amr.1996.9602161567

Coleman, J. S. (1990), Foundation of Social Theory, Harvard Business School Press, Boston.

Containerisation Interanational (2013a), July 2013, Informa Plc, London.

Containerisation Interanational (2013b), November 2013, Informa Plc, London.

Chen, M.-J. and Hambrick D. C. (1995) “From Entry Barriers to Mobility Barriers”, Quarterly Journal of Economics, 9, 241-261.

Chen, M-J. and MacMillan, I. C. (1992) “Nonresponse and Delayed Response to Competitive Moves: The Roles of competitor Dependence and Action Irreversibility” Academy of Management Journal, 35(3), 539-570. 10.2307/256486

Chen, M-J. and Hambrick, D. C. (1995) “Spped, Stealth and Selective Attack: How Small Firms Differ from Large Firms in Competitive Behavior” Academy of Management Journal, 38(2), 453-482. 10.5465/256688

Ferrier, W. J. (2001) “Navigating the Competitive Landscape: The Drivers and Consequences of Competitive Aggressiveness”, Academy of Management Journal, 44(4), 858-877. 10.2307/3069419

Ferrier, W. J. and Smith, K. G. (1999) “The Role of Competitive Action in Market Share Erosion and Industry Dethronement: A Study of Industry Leaders and Challengers”, Academy of Management Journal, 42(4), 372-388. 10.2307/257009

Frankel, E. G. (1982), Management and Operations of American Shipping, Auburn House Publishing Company, Boston.

Fusillo, M. (2006), “Some Notes on Structure and Stability in Liner Shipping”, Maritime Policy and Management, 33(5), 463-475. 10.1080/03088830601020653

Gnyawali, D. R. and Madhavan, R. (2001) “Cooperative Networks and Competitive dynamics: A structural Embeddedness Perspective” Academy of Management Journal, 26(3), 431-445. 10.5465/amr.2001.4845820

M. (1973), “The Strength of Weak Ties”, American Journal of Sociology, 78(5), 1360-1380. 10.1086/225469

Granovetter, M. (1992), Problems of Explanation in Economic Sociology, in Nohria, N. and Eccles, R. C. (eds.), Networks and Organizations, Harvard Business School Press, Boston, pp. 25-56.

Grimm, C. M., Lee, H. and Smith, K. G. (2006) Strategy as Action: Competitive Dynamics and Competitive Advantage, Oxford University Press, New York.

Gulati, R. and Singh, H. (1998), “The Architecture of Cooperation: Managing Coordination Costs and Appropriation Concerns in Strategic Alliances”, Administrative Science Quarterly, 43(4), 781-814. 10.2307/2393616

Kogut, B. (2000), “The Network as Knowledge: Generative Rules and the Emergence of Structure, Strategic Management Journal”, 21(3), 405-425. 10.1002/(SICI)1097-0266(200003)21:3<405::AID-SMJ103>3.0.CO;2-5

Krackhardt, D. (1992), “The Strength of Strong Ties: The Importance of Philos in Organizations,” in Nohria, N. and Eccles, R. (eds.), Networks and Organizations: Structure, Form and Action, Harvard Business School Press, Boston, pp. 216-239.

Kraatz, M. S. (1998) “Learning by Association? Interorganizational Networks and Adaptation to Environmental Change”, Academy of Management Journal, 41(6), 621-643. 10.5465/256961

Lai, K.-H., Ngai, E. W. T. and Cheng, T. C. E. (2002) “Measures for Evaluating Supply Chain Performance in Transport Logistics”, Transport Research Part E, 38(7), 439-456. 10.1016/S1366-5545(02)00019-4

Madhavan, R, Koka, BR and Prescott, H. E. (1998) ‘Networks in Transition: How Industry Events (Re)shape Interfirm Relationships’, Strategic Management Journal, 19(5), pp. 439-459. 10.1002/(SICI)1097-0266(199805)19:5<439::AID-DIA952>3.0.CO;2-2

McEvily, B and Zaheer, A. (1999) “Bridging Ties: A Source of Firm Heterogeneity in Competitive Capabilities’, Strategic Management Journal, 20(12), 1133-1156. 10.1002/(SICI)1097-0266(199912)20:12<1133::AID-SMJ74>3.0.CO;2-7

Midoro, R., Musso, E. and Parola, F. (2005) “Maritime Liner Shipping and the Stevedoring Industry: Market Structure and Competition Strategies”, Maritime Policy and Management, 32(2), 89-106. 10.1080/03088830500083521

Notteboom, T. E. (2006) “The Time Factor in Liner Shipping Services”, Maritime Economics and Logistics, 8(1), 19-39. 10.1057/palgrave.mel.9100148

Panayides, P. M. and Gray, R. (1999) “An Empirical Assessment of Relational Competitive Advantage in Professional Ship Management”, Maritime Policy and Management, 26(2), 111-125. 10.1080/030888399286943

Rowley, T., Behrens, D. and Krackhardt, D. (2000) “Redundant Governance Structures: An Analysis of Structural and Relational Embeddedness in the Steel and Semiconductor Industries”, Strategic Management Journal, 21(3), 369-386. 10.1002/(SICI)1097-0266(200003)21:3<369::AID-SMJ93>3.0.CO;2-M

Smith, K.G., Ferrier, W. and Ndofor, H. (2001) Competitive dynamics Research: Critique and Future Directions, in Handbook of Strtegic Management, (eds.) Hitt. M., Freeman, R. and Harrison, J., 315-361, Blackwell, London.

Song, D-W. and Lee, E-S. (2012) “Coopetitive Networks, Knowledge Acquisition and Maritime Logistics Value”, International Journal of Logistics Research and Applications, 15(1), 15-35. 10.1080/13675567.2012.662949

Sys, C., Meersman, H. and Van de Vooorde, E. (2011), A non-structural test for competition in the container liner shipping industry, Maritime Policy and Management, 38(3), 219-234. 10.1080/03088839.2011.572708

Tsai, W., Su, K-H. and Chen, M-J. (2011) “Seeing Through the Eyes of a Rival: Competitor Acumen Based on Rival-Centric Perceptions”, Academy of Management Journal, 54(4), 761-778. 10.5465/amj.2011.64870138

UNCTAD(2007), Reviewof Maritime Transport 2007,United Nations, New York.

Uzzi, B. (1996), “The Sources and Consequences of Embeddedness for the Economic Performance of Organizations: The Network Effect”, American Sociological Review, 61(5), 674-698. 10.2307/2096399

Uzzi, B. (1997), “Social Structure and Competition in Interfirm Networks: The Paradox of Embeddedness”, Administrative Science Quarterly, 42(2), 35-67. 10.2307/2393808

Valente, T. W. (1995), Network Models of the Diffusion of Innovation, Hampton Press, New Jersey.

Young, G., Smit, K. and Grimm, C. (1996) ““Austrian” and Industrial Organization Perspectives on Firm-Level Competitive Activity and Performance”, Organization Science, 7, 243-254. 10.1287/orsc.7.3.243

Yi-Renko, H., Autio, E. and Sapienza, H. J. (2001) “Social Capital, Knowledge Acquisition and Knowledge Exploitation in Young Technology based Firm”, Strategic Management Journal, 22(7), 587-614. 10.1002/smj.183

Yoshida, S., Yang, J. H. and Kim, K. H. (2004) “Network Economics of Global Alliances in Liner Shipping: The Case of Japanese Liner Shipping Companies”, in World Shipping and Port Development, (eds.) Lee, T.-W. and Cullinane, K. Palgrave Macmillan, New York, pp. 36-49.