The Red Queen effect: Competitive actions and firm performance

被引:4
|
作者
Derfus, Pamela J.
Maggitti, Patrick G. [1 ]
Grimn, Curtis M. [2 ]
Smith, Ken G. [2 ]
机构
[1] Temple Univ, Fox Sch Business, Philadelphia, PA 19122 USA
[2] Univ Maryland, Robert H Smith Sch Business, College Pk, MD 20742 USA
来源
ACADEMY OF MANAGEMENT JOURNAL | 2008年 / 51卷 / 01期
关键词
D O I
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中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate the Red Queen effect as a contest of competitive moves or actions among rivalrous firms. The results from a multi-industry study of over 4,700 actions confirms the existence of Red Queen competition, whereby a firm's actions increase performance but also increase the number and speed of rivals' actions, which, in turn, negatively affect the initial firm's performance. We further show that this Red Queen effect depends on industry context and a focal firm's market position.
引用
收藏
页码:61 / 80
页数:20
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