doctoral mini-seminar in advanced competitive dynamics research walter j. ferrier, ph.d. gatton...
TRANSCRIPT
Doctoral Mini-Seminar inAdvanced Competitive Dynamics ResearchWalter J. Ferrier, Ph.D.Gatton College of Business & EconomicsUniversity of Kentucky
Page 2
Smith Grimm
Chen
Hambrick
MacMillan
Miller
Nokelainen Keil
Competitive Dynamics Family
Lamberg
Rindova
CannellaYu
Ferrier
Andrevski
BridouxMcGrath
Page 3
Lamberg
Nokelainen
Kuronen
Andrevski
Ferrier
BridouxSmith
Chen
Real Options
RBV
Networks
Finnish
SwissRillo
Ferlic
MacFhionnlaoich
SeminarParticipants
Page 4
Lamberg
Nokelainen
Kuronen
Andrevski
Ferrier
Bridoux
Smith
Chen
RilloFerlic
MacFhionnlaoich
SeminarParticipants
Page 5
Dethronement of the Leader
Market Share(U.S.)
1980 1990 20051980 1990 2005
Adidas
Nike
Reebok
Page 6
Dethronement of the Leader
Market ShareShare
1950 1960 1970 1980 1990 20001950 1960 1970 1980 1990 2000
Wal-MartSears
JC Penney
Page 7
Dethronement of the Leader
Market Share
1950 1960 1970 1980 1990 20001950 1960 1970 1980 1990 2000
McDonnell-Douglass
Boeing
Airbus
Page 8
Karjala
LapinKulta
LapinKulta
Observable … Relative … Dynamic
Page 9
Observable … Relative … Dynamic
Page 10
Observable … Relative … Dynamic
Page 11
Coke’sStrategicActions
Pepsi’sStrategicActions
Rivalry
CompetitiveOutcomes
IndustryCharacteristics
OrganizationalCharacteristics
Page 12
OrganizationalFactors
IndustryFactors
Relational andInstitutional
Context
Action
Awareness
Motivation C
apab
ility Performance
An Emerging Theory of Competitive Dynamics?
The Awareness-Motivation-Capability (AMC) Perspective
Page 13
General Seminar Schedule
•Day 1 – Fundamentals and Core Research– Morning: Review, discussion, debate and dialectical inquiry– Afternoon: Advocacy & extension presentations
•Day 2 – Recent Theoretical & Empirical Extensions– Morning: Review, discussion, debate and dialectical inquiry– Afternoon: Advocacy & extension presentations
•Day 3 – Avenues and Extensions for Future Research– Morning: Consolidation of theory, methods, findings– Afternoon: Integration and extension into:
– Resource-based view– Real options reasoning
– Inter-organizational networks
Page 14
DAY 1
Core Competitive Dynamics Research
Page 15
Fundamentals
• What are the phenomena associated with competitive dynamics?
•What are the ontological devices used in CD research to observe or explain these phenomena?
•What are fundamental nomological relationships among organizations, actions and/or performance?
•How is this different from mainstream strategic management? Does it add value?
Page 16
Competitive Action
•What is the phenomenon?•How is an action defined?•What are general characteristics?•What is the typology?•What are different levels of aggregation?•What is the value of studying action?
Page 17
The Early Years
•What’s the general idea?•What did this set of studies do?
– Theory– Method
•What are key findings from this set of studies?•Overall contributions?•What is lacking?
Page 18
Advocacy Presentations
•Three teams – three sets of research articles– Discuss and present (~10 minutes)
• General idea/phenomenon, research questions, motivation for these studies
• Theoretical reasoning– Key constructs– General hypothesized relationships
• General research approach– Data & measures– Analysis approach– Key findings
•Overall contribution•What’s missing? …and… What’s next?