Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA

Juha‐Antti Lamberg; Juha Laurila; Tomi Nokelainen

doi:10.1002/mde.2839

journal article Dec 27, 2016

Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA

Juha‐Antti Lamberg

Juha Laurila Tomi Nokelainen

Managerial and Decision Economics Vol. 38 No. 7 pp. 971-991 · Wiley

View at Publisher Save 10.1002/mde.2839

Abstract

Prior research on competitive dynamics has failed to offer tools to understand distorted patterns of competition that emerge from distinct institutional and historical contexts. Our analysis suggests that a joint effect of institutional rules, governance structures, and shared cognition plays a pivotal role in firm‐level competitive behavior and capability development. We show how globally significant market positions can result from specific institutional arrangements between firms and governments, especially if coupled with interfirm contractual commitments. Our results call for more attention to these interfirm commitments that are built on formal rules and governmental support, but whose impact they yet exceed. Copyright © 2016 John Wiley & Sons, Ltd.

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Details

Published: Dec 27, 2016
Vol/Issue: 38(7)
Pages: 971-991
License: View

Authors

J

Juha‐Antti Lamberg

Department of History and Ethnology and School of Economics and Business University of Jyväskylä Jyväskylä Finland

J

Juha Laurila

Turku School of Economics University of Turku Turku Finland

T

Tomi Nokelainen

Laboratory of Industrial Management Åbo Akademi University Turku Finland

Funding

Academy of Finland

Cite This Article

Juha‐Antti Lamberg, Juha Laurila, Tomi Nokelainen (2016). Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA. Managerial and Decision Economics, 38(7), 971-991. https://doi.org/10.1002/mde.2839

Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA

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