Factor-Market Rivalry
提出要素市场竞争理论,揭示企业间在资源获取上的竞争如何导致竞争盲点和级联效应,对研究战略管理和竞争动态的学者有参考价值。
With its focus on product-market rivalry, competitive dynamics research fails to tell the whole story. We develop a theory of factor-market rivalry to shed light on atypical rivals and competitive blind spots. Focusing on resource versatility and mobility, the theory introduces dynamic constructs—resource discontinuities, leapfrogging, and captivity—and explains their role in triggering cascading effects. To illustrate the theory's conceptual utility, we apply the concepts of factor-market rivalry to mutual forbearance in multimarket competition.