Boyd & Bresser First mover and Economics (1) Inverse u-shape for followers-
follower Marketing response delay and (2) for first movers
advantages Strategy how longer the response delay, how
smaller the performance decrease
All say respond fast to
minimalize the first mover
market share
Nadkarni & Chen Executive The entrainment theory - LVM: PTD + aggressiveness
temporal depth, Upper echelons theory - HVM: PTD - aggressiveness
industry velocity Contingency perspective - LVM: FTD + aggressiveness
and competitive Competitive dynamics - HVM: FTD inverse u-shape
aggressiveness aggressiveness
- Relationship aggressiveness-
performance more positive in HVM
than LVM
Eisenhardt & Martin Dynamic RBV DC: identifiable, specific, share
capabilities and Examples: product commonalities, equifinality,
market dynamism development, alliancing and homogeneity and substitutability
strategic decision making Moderately dynamic: existing
knowledge, detailed analytic, stable
and linear steps
High velocity: less predictable, less
existing knowledge, non-linear, simple
Shilke Dynamic - Examples: new product - Inverse u-shape for capabilities-
capabilities and development (PD) & competitive advantage regarding
environmental alliance management (AM) environmental dynamism for PD and
dynamism - Matching problem AM
- Inertia problem - Low: costs outweigh gains
- High: matching and inertia problem
Flammer CSR and - Institutional theory - Shareholders –> + eco-friendly
shareholder - Stakeholder theory - Shareholders - eco-harmful
reaction - Neoclassical economic - More institutionalized more
theory (decreasing marginal negative impact eco harmful and less
returns)