Matches in SemOpenAlex for { <https://semopenalex.org/work/W2577235752> ?p ?o ?g. }
Showing items 1 to 98 of
98
with 100 items per page.
- W2577235752 endingPage "1963" @default.
- W2577235752 startingPage "1953" @default.
- W2577235752 abstract "Research summary: This article proposes an approach for modeling competitive interactions that incorporates the costs to firms of changing strategy. The costs associated with strategy modifications, which we term “repositioning costs,” are particularly relevant to competitive interactions involving major changes to business strategies. Repositioning costs can critically affect competitive dynamics and, consequently, the implications of strategic interaction for strategic choice. While the literature broadly recognizes the importance of such costs, game‐theoretic treatments of major strategic change, with very limited exceptions, have not addressed them meaningfully. We advocate greater recognition of repositioning costs and illustrate with two simple models how repositioning costs may facilitate differentiation and affect the value of a firm's capability to reduce repositioning costs through investments in flexibility . Managerial summary: This article illustrates how the decision to make a strategic change is affected by both the cost to the firm of making the various strategy modifications, as well as the cost to its rivals of changing their strategies in response. These “repositioning costs” are important because they shape the responses each competitor would likely make to a move by the other competitor, and should be anticipated when considering an initial change to one's own strategy. The paper shows how repositioning costs can be used strategically to facilitate differentiation, and to assess the value of potential investments in flexibility . Copyright © 2017 John Wiley & Sons, Ltd." @default.
- W2577235752 created "2017-01-26" @default.
- W2577235752 creator A5003421493 @default.
- W2577235752 creator A5034492109 @default.
- W2577235752 date "2017-03-23" @default.
- W2577235752 modified "2023-10-06" @default.
- W2577235752 title "Elevating Repositioning Costs: Strategy Dynamics and Competitive Interactions" @default.
- W2577235752 cites W1536954808 @default.
- W2577235752 cites W1949525179 @default.
- W2577235752 cites W1974998909 @default.
- W2577235752 cites W1986904066 @default.
- W2577235752 cites W1993023795 @default.
- W2577235752 cites W2000692145 @default.
- W2577235752 cites W2003396461 @default.
- W2577235752 cites W2008975493 @default.
- W2577235752 cites W2025579080 @default.
- W2577235752 cites W2038631200 @default.
- W2577235752 cites W2043332151 @default.
- W2577235752 cites W2062134357 @default.
- W2577235752 cites W2071387358 @default.
- W2577235752 cites W2089402107 @default.
- W2577235752 cites W2100849952 @default.
- W2577235752 cites W2123709218 @default.
- W2577235752 cites W2144020906 @default.
- W2577235752 cites W2159334570 @default.
- W2577235752 cites W2159871020 @default.
- W2577235752 cites W2165086204 @default.
- W2577235752 cites W2172141271 @default.
- W2577235752 cites W2179492332 @default.
- W2577235752 cites W2182433350 @default.
- W2577235752 cites W3121355736 @default.
- W2577235752 cites W3123196100 @default.
- W2577235752 cites W3124536214 @default.
- W2577235752 cites W3125094182 @default.
- W2577235752 cites W3125349408 @default.
- W2577235752 cites W4232853886 @default.
- W2577235752 doi "https://doi.org/10.1002/smj.2635" @default.
- W2577235752 hasPublicationYear "2017" @default.
- W2577235752 type Work @default.
- W2577235752 sameAs 2577235752 @default.
- W2577235752 citedByCount "21" @default.
- W2577235752 countsByYear W25772357522017 @default.
- W2577235752 countsByYear W25772357522018 @default.
- W2577235752 countsByYear W25772357522019 @default.
- W2577235752 countsByYear W25772357522020 @default.
- W2577235752 countsByYear W25772357522021 @default.
- W2577235752 countsByYear W25772357522022 @default.
- W2577235752 countsByYear W25772357522023 @default.
- W2577235752 crossrefType "journal-article" @default.
- W2577235752 hasAuthorship W2577235752A5003421493 @default.
- W2577235752 hasAuthorship W2577235752A5034492109 @default.
- W2577235752 hasBestOaLocation W25772357522 @default.
- W2577235752 hasConcept C119857082 @default.
- W2577235752 hasConcept C144133560 @default.
- W2577235752 hasConcept C162324750 @default.
- W2577235752 hasConcept C162853370 @default.
- W2577235752 hasConcept C175444787 @default.
- W2577235752 hasConcept C187736073 @default.
- W2577235752 hasConcept C2776291640 @default.
- W2577235752 hasConcept C2780598303 @default.
- W2577235752 hasConcept C40700 @default.
- W2577235752 hasConcept C41008148 @default.
- W2577235752 hasConcept C42589391 @default.
- W2577235752 hasConcept C58546491 @default.
- W2577235752 hasConceptScore W2577235752C119857082 @default.
- W2577235752 hasConceptScore W2577235752C144133560 @default.
- W2577235752 hasConceptScore W2577235752C162324750 @default.
- W2577235752 hasConceptScore W2577235752C162853370 @default.
- W2577235752 hasConceptScore W2577235752C175444787 @default.
- W2577235752 hasConceptScore W2577235752C187736073 @default.
- W2577235752 hasConceptScore W2577235752C2776291640 @default.
- W2577235752 hasConceptScore W2577235752C2780598303 @default.
- W2577235752 hasConceptScore W2577235752C40700 @default.
- W2577235752 hasConceptScore W2577235752C41008148 @default.
- W2577235752 hasConceptScore W2577235752C42589391 @default.
- W2577235752 hasConceptScore W2577235752C58546491 @default.
- W2577235752 hasIssue "10" @default.
- W2577235752 hasLocation W25772357521 @default.
- W2577235752 hasLocation W25772357522 @default.
- W2577235752 hasOpenAccess W2577235752 @default.
- W2577235752 hasPrimaryLocation W25772357521 @default.
- W2577235752 hasRelatedWork W2106079579 @default.
- W2577235752 hasRelatedWork W2182453365 @default.
- W2577235752 hasRelatedWork W2781195176 @default.
- W2577235752 hasRelatedWork W3168404438 @default.
- W2577235752 hasRelatedWork W3176010267 @default.
- W2577235752 hasRelatedWork W3191027429 @default.
- W2577235752 hasRelatedWork W3204419902 @default.
- W2577235752 hasRelatedWork W4248244224 @default.
- W2577235752 hasRelatedWork W4386702426 @default.
- W2577235752 hasRelatedWork W2156929094 @default.
- W2577235752 hasVolume "38" @default.
- W2577235752 isParatext "false" @default.
- W2577235752 isRetracted "false" @default.
- W2577235752 magId "2577235752" @default.
- W2577235752 workType "article" @default.