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Rivalry, strategic groups and firm profitability

Author: Cool, Karel O. INSEAD Area: StrategyIn: Strategic Management Journal, vol. 14, January 1993 Language: EnglishDescription: p. 47-59.Type of document: INSEAD ArticleNote: Please ask the Library for this articleAbstract: An analysis of the US pharmaceutical industry during the period 1963-1982 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of firms, in segment interdependence and in strategic distance. In contrast, declining industry profitability is strongly associated with increasing shift from within group rivalry to between group rivalry
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An analysis of the US pharmaceutical industry during the period 1963-1982 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of firms, in segment interdependence and in strategic distance. In contrast, declining industry profitability is strongly associated with increasing shift from within group rivalry to between group rivalry

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