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Changing sources of competitive advantage: cognition and path dependence in the Finnish retail industry 1945--1995

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  • Juha-Antti Lamberg
  • Henrikki Tikkanen

Abstract

In this study, we analyze the Finnish retail industry in 1945--1995. Triangulating the major developments in society, technology, and firm-level strategic choices, we identified extensive variation in the sources of competitive advantage over time. We found that the structural and cognitive-cultural dimensions of firms that offered opportunities for success in some specific historical situations turned to be disadvantageous in other situations. We propose a research framework that parcels managerial cognition into the elements of structure, ideology, and systemic and technical properties of the firm. Especially the notion of ideology is novel in the context of path dependence and cognition. Copyright 2006, Oxford University Press.

Suggested Citation

  • Juha-Antti Lamberg & Henrikki Tikkanen, 2006. "Changing sources of competitive advantage: cognition and path dependence in the Finnish retail industry 1945--1995," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 15(5), pages 811-846, October.
    • Handle: RePEc:oup:indcch:v:15:y:2006:i:5:p:811-846
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    Cited by:

    1. Juha-Antti Lamberg & Jukka Luoma, 2021. "Ideology in Vicarious Learning–Related Communication," Organization Science, INFORMS, vol. 32(3), pages 708-730, May.
    2. Malik, Omar R., 2008. "Adapting to market liberalization: The role of dynamic capabilities, initial resource conditions, and strategic path choices in determining evolutionary fitness of Less Developed Country (LDC) firms," Journal of International Management, Elsevier, vol. 14(3), pages 217-231, September.
    3. Leonhard Dobusch & Elke Schüßler, 2013. "Theorizing path dependence: a review of positive feedback mechanisms in technology markets, regional clusters, and organizations," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(3), pages 617-647, June.

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