Soft budget constraints and technological innovations: evidence from China
In: Public choice
ISSN: 1573-7101
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In: Public choice
ISSN: 1573-7101
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In: Journal of Financial Management and Analysis, 30(2):2017
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In: International journal of operations & production management
ISSN: 1758-6593
PurposeThis study investigates the extent to which a firm's centrality and autonomy in its supply network are associated with the intensity and complexity of its competitive actions.Design/methodology/approachUtilizing social network analysis and dynamic panel data models, this study analyzes a comprehensive panel dataset with 10,802 firm-year observations across various industries between 2011 and 2018 to test the hypotheses.FindingsOur findings show that a firm's level of centrality in its supply network has an inverted U-shaped relationship with both competitive intensity and competitive complexity. In addition, the turning points of these two inverted U-shaped relationships differ in that firms with a lower level of centrality tend to compete aggressively by launching more actions within fewer categories, while firms with a higher level of centrality tend to compete aggressively by launching fewer actions that cover a larger range of categories. Finally, we find that a firm's structural autonomy has a positive relationship with competitive complexity.Originality/valueThis study bridges the gap between the supply chain management literature and strategic management literature and investigates how supply networks shape competitive aggressiveness. In particular, this research investigates how a firm's structural position in its supply network affects its competitive actions, an important intermediate mechanism for competitive advantage that has been overlooked in the supply chain management literature.
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In: Bulletin of the World Health Organization: the international journal of public health = Bulletin de l'Organisation Mondiale de la Santé, Volume 99, Issue 1, p. 10-18
ISSN: 1564-0604