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The cross-sectional variation in corporate profitability has occupied research across fields as diverse as strategic management, industrial organization, finance, and accounting. Prior work suggests that corporate idiosyncrasies are important determinants ...

Managers, let stockpiling be but at a higher price—don’t hope to cut stockpiling by lopping off promotions.

One goal of promotions for frequently purchased products is increasing short-term sales. Increases could be at competitors’ expense, coming from consumers with relatively weak brand preferences. However, increased sales from brand-loyal consumers could ...

Firms and institutions increasingly employ contests as a way to innovate. Participants learn from one another’s successes and failures while competing for the contest’s awards. In “Designing Dynamic Contests,” Bimpikis, Ehsani, and Mostagir provide a ...

Participants race toward completing an innovation project and learn about its feasibility from their own efforts and their competitors’ gradual progress. Information about the status of competition can alleviate some of the uncertainty inherent in the ...

We study the market for new movie DVDs in the United States. Our demand model captures seasonality, freshness i.e., time between theatrical and DVD release, and state dependence. We also develop a structural model of dynamic competition in which studios ...

Strategy research posits that in dynamic environments, firms must base their strategies not on leveraging the past, but on fostering constant change. This research explores how platforms can be used as semistructures to pursue strategic opportunities in ...

Innovation contests have emerged as a viable alternative to the standard research and development process. They are particularly suited for settings that feature a high degree of uncertainty regarding the actual feasibility of the end goal. The ...

Many firms today manage their existing customers differentially based on profit potential, providing fewer incentives to less profitable customers and firing unprofitable customers. Although researchers and industry experts advocate this practice, ...

The characters of tourism industry must be considered to make the competitive advantage of tourism industry. The tourism industry practice both inland and abroad shows the marriage of making competitive advantages of tourism industry and industry ...

A substantial body of research in management and related public policy fields concludes that recent decades saw greater dynamic competition throughout technology-intensive (TI) industries, with widespread steady increase in TI industry and business ...

Various models have been constructed to explore the principles of competition diffusion of B2C e-commerce (hereafter e-commerce) in customers. The relationships between e-commerce websites also draw the attention of scholars, and many diffusion theory ...

Companies spend millions of dollars on advertising to boost a brand's image and simultaneously spend millions of dollars on promotion that many believe calls attention to price and erodes brand equity. We believe this paradoxical situation exists ...

In several markets, consumers can gain further information regarding how well a product fits their preferences only by experiencing it after purchase. This could then generate loyalty for the products tried first. This paper considers a model in which ...

<P>Competition in the American economy has fundamentally changed over the last few decades, from static to dynamic. This study labels this important change the hypercompetitive shift, and documents it across 200 industries of the US manufacturing sector ...