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Robust Imitation Strategies

Author

Listed:
  • Sudharshan, Devanathan
  • Furrer, Olivier
  • Arakoni, Ramesh A.

Abstract

Performance is the lifeblood of a firm's management. Performance itself depends on the adaptation of strategy, based on learning and the environment. An important way that firms adapt their strategy is through imitation or mimetic isomorphism. Imitation implies a referent for such adaptations. This article seeks to determine who or what should serve as that referent. Accordingly, this research (1) develops a broad and rich model of industry dynamics, bringing together literature from industrial economics, strategic groups, learning, and resource-based theories; (2) examines the robustness of imitations strategies; and (3) develops a framework of the managerial implications of imitative behavior in varying industry conditions.

Suggested Citation

  • Sudharshan, Devanathan & Furrer, Olivier & Arakoni, Ramesh A., 2013. "Robust Imitation Strategies," FSES Working Papers 446, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    • Handle: RePEc:fri:fribow:fribow00446
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    File URL: http://doc.rero.ch/record/208725/files/WP_SES_446.pdf
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    References listed on IDEAS

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    1. Oveis Madadian & Walter Aerts & Tom Van Caneghem, 2018. "Social comparison of cost behaviour and financial analysts," Accounting and Business Research, Taylor & Francis Journals, vol. 48(7), pages 805-839, November.

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    More about this item

    Keywords

    Imitation; Strategy Dynamics; Resources; Strategic Change; Performance;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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