Title

Industry and Strategic Group-Dynamics - Competitive Strategy in the Insurance Industry

Publication Type

Journal Article

Publication Date

1993

Abstract

This article focuses upon dynamic aspects of strategic groups in the context of the US insurance industry from 1970–84. It examines the longitudinal structure of industry strategic groups and identifies the strategic patterns followed by these strategic groups over time. the mobility rates of firms between strategic groups are also assessed. It appears that three dominant groups are present throughout the period of the study while other group positions emerge and disappear over time. the evidence suggests that the quantum theory of strategic adaptation (i.e. dramatic and concerted change) satisfactorily models the processes of strategic group change. And, a low level of firm mobility is found to exist between strategic groups consistent with the presence of inertia and mobility barriers.

Discipline

Business Administration, Management, and Operations

Research Areas

Strategy and Organisation

Publication

Journal of Management Studies

Volume

30

Issue

1

First Page

69

Last Page

105

ISSN

0022-2380

Identifier

10.1111/j.1467-6486.1993.tb00296.x

Publisher

Wiley

This document is currently not available here.

Share

COinS