Powell, Thomas and Lloyd, Chris (2005) Toward a General Theory of Competitive Dominance. Strategic Management Journal, 26 (4). pp. 385-394.
In a recent paper, Powell (2003) studied 20-year performance in 21 industries, using an ordinal performance measure (‘wins’), and the Gini coefficient as a measure of competitive dominance. The findings suggest that firm performance is statistically indistinguishable from performance in non-business domains such as politics, games, sports, and pageants. This paper extends these findings, developing the statistical foundations for a general theory of competitive dominance. The paper presents a Gibrat-based null hypothesis, develops a decomposable index of competitive dominance, and suggests statistical procedures and empirical methods for future research.
|Keywords:||Competitive dominance; Likelihood ratio; Decomposition|
|Subject(s):||Strategy; Entrepreneurship & Global business|
|Centre:||Faculty of Strategy, Entrepreneurship and International Business|
|Date Deposited:||22 Jan 2012 16:36|
|Last Modified:||23 Oct 2015 14:06|
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