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A review of empirical research on dynamic competitive strategy
Author(s) -
Hutzschenreuter Thomas,
Israel Sascha
Publication year - 2009
Publication title -
international journal of management reviews
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.475
H-Index - 107
eISSN - 1468-2370
pISSN - 1460-8545
DOI - 10.1111/j.1468-2370.2008.00246.x
Subject(s) - empirical research , phenomenon , strategic management , competitive advantage , dependency (uml) , dynamic capabilities , field (mathematics) , action (physics) , path dependency , management , industrial organization , economics , computer science , epistemology , economic geography , philosophy , physics , mathematics , software engineering , quantum mechanics , pure mathematics
Beginning with Chandler's 1962 seminal work, researchers have emphasized that competitive strategy is not a static phenomenon, but rather a sequence of interconnected actions and reactions unfolding over time. This paper reviews the empirical research on dynamic competitive strategy published between 1986 and 2005 in nine leading strategic management journals. An integrated framework is used to showcase the research in terms of antecedents, strategic actions and outcomes. The literature review demonstrates that significant progress has been made in the field of dynamic competitive strategy, and yet that there are still many promising lines of inquiry for future theoretical and empirical research, particularly in the areas of strategic action timing and path dependency.