IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v9y2000i3p377-414.html
   My bibliography  Save this article

The Competitive Dynamics of Status and Niche Width: US Investment Banking, 1920-1949

Author

Listed:
  • Park, Douglas Y
  • Podolny, Joel M

Abstract

By integrating the status-based model of market competition and the resource partitioning model, this paper develops the resource-status space imagery of markets and two propositions. First, the paper argues that the benefit that an organization derives from an increment in status is not independent of the organization's niche width. Second, the paper considers the implications of status-based stratification for the resource partitioning model's specification of the effects of increasing market concentration. Using the resource-status space imagery, this paper posits that if expanding generalists are reluctant to lower their status or are unable to increase their status, they will expand within their current status level. The expanding generalists will thus encroach on the niches of similar status generalists and specialists, rather than expand into the niches of generalists across the whole status spectrum. We discuss implications for the sociology of markets. Copyright 2000 by Oxford University Press.

Suggested Citation

  • Park, Douglas Y & Podolny, Joel M, 2000. "The Competitive Dynamics of Status and Niche Width: US Investment Banking, 1920-1949," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 9(3), pages 377-414, September.
    • Handle: RePEc:oup:indcch:v:9:y:2000:i:3:p:377-414
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, I. Kim & Seidle, Russell, 2017. "The degree of technological innovation: A demand heterogeneity perspective," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 166-177.
    2. Du, Huibin & Xia, Qiongqiong & Ma, Xuan & Chai, Lihe, 2014. "A new statistical dynamic analysis of ecological niches for China’s financial centres," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 395(C), pages 476-486.
    3. Barnett, William P. & McKendrick, David, 2001. "The Organizational Evolution of Global Technological Competition," Research Papers 1682, Stanford University, Graduate School of Business.
    4. Mukti Khaire, 2010. "Young and No Money? Never Mind: The Material Impact of Social Resources on New Venture Growth," Organization Science, INFORMS, vol. 21(1), pages 168-185, February.
    5. Daniele Mascia & Francesca Pallotti & Federica Angeli, 2017. "Don’t stand so close to me: competitive pressures, proximity and inter-organizational collaboration," Regional Studies, Taylor & Francis Journals, vol. 51(9), pages 1348-1361, September.
    6. Erin Leahey & Jina Lee & Russell J. Funk, 2023. "What Types of Novelty Are Most Disruptive?," American Sociological Review, , vol. 88(3), pages 562-597, June.
    7. Wang, Pengfei, 2019. "Price space and product demography: Evidence from the workstation industry, 1980–1996," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    8. Francois Collet & Déborah Philippe, 2014. "From Hot Cakes to Cold Feet: A Contingent Perspective on the Relationship between Market Uncertainty and Status Homophily in the Formation of Alliances," Journal of Management Studies, Wiley Blackwell, vol. 51(3), pages 406-432, May.
    9. Shekhar Jayanthi & Aleda V. Roth & Mehmet M. Kristal & Lauren Carter-Roth Venu, 2009. "Strategic Resource Dynamics of Manufacturing Firms," Management Science, INFORMS, vol. 55(6), pages 1060-1076, June.
    10. Saverio Dave Favaron & Giada Di Stefano & Rodolphe Durand, 2022. "Michelin Is Coming to Town: Organizational Responses to Status Shocks," Management Science, INFORMS, vol. 68(9), pages 6925-6949, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:9:y:2000:i:3:p:377-414. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/icc .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.