COMPETITIVE INTERFIRM DYNAMICS WITHIN AN INDUSTRIAL MARKET SYSTEM
本文提出了一个名为“产业市场系统”的概念框架，用于分析企业如何通过资源、惯例和关系网络适应复杂系统变化，而非仅关注市场失灵等异常现象。
Abstract Scholars concerned with economic processes in industrial economies have long been concerned with the dynamics of firms' adaptation to new circumstances. This article develops a conceptual framework within which industrial dynamics and competitive interfirm interactions can be analyzed in terms of adaptive responses to changes in the complex system of which the firms form part-rather than in terms of anomalies and exceptions, such as the ''market failures'' and ''externalities''favored in mainstream microeconomics. In order to do so, a conceptual framework is introduced, dubbed an Industrial Market System (IMS), in which firms play a central role as actors, and where their resources, routines and relations with each other generate complex structures such as networks, consortia, and development blocks which mediate and shape the strategic responses made by firms. dynamism of the ''new economy'' and the startup firms it generates. There have also been parallel developments such as the rising importance of corporate spinoffs (as counter-trend to mergers and acquisitions) whereby firms seek greater focus and entrepreneurial initiative through divesting parts of their operations as viable businesses.