THE ROLE OF THE STRUCTURE-CONDUCT- PERFORMANCE PARADIGM FOR THE DEVELOPMENT OF INDUSTRIAL ORGANIZATION ECONOMICS AND STRATEGIC MANAGEMENT
DOI:
https://doi.org/10.12775/JPM.2014.013Keywords
Industrial Organization Economis, Structure-Conduct-Performance Paradigm, Strategic ManagementAbstract
Purpose: The main purpose of the paper is to introduce the basic assumptions of the Structure- Conduct-Performance paradigm, its origin and subsequent significant changes, methods of empirical confirmation of its existence and its importance for the development of Industrial Organization Economics and Strategic Management.
Approach: The basic methodological approach to this article is descriptive one, based largely on a review of the literature on Structure-Conduct-Performance Paradigm topic and drawing final conclusions.
Implications for society: The development of both Industrial Organization Economics, as well as Strategic Management, has been inextricably bound with Structure-Conduct-Performance Paradigm. This fact is of particular importance when considering the sources of differences between the positioning and resource-based views in the modern Strategic Management which is due to the origins of positioning view in the Industrial Organization Economics, while the resource-based view in Business Policy.
Value of the paper: The main value of the paper is to familiarize with the issue of SCP Paradigm and to recognize its significance for the development of the various assumptions of IO Economics and Strategic Management.
References
Bain, J.S. (1956), Barriers to new competition, Harvard University Press, Cambridge.
Besanko, D., Dranove, D., Shanley, M., Schaefer, S. (2004), Economics of Strategy, Wiley, Hoboken, NJ.
Carlton, D.W., Perloff, J.M. (2005), Modern Industrial Organization, Pearson, Addison Wesley.
D’Aveni, R.A. (1994), Hyper Competition: Managing the Dynamics of Strategic Maneuvering, Free Press, New York.
Ghemawat, P. (2002), "Competition and Business Strategy in Historical Perspective", Business History Review, Vol. 76, Spring, pp. 37-74.
Hambrick, D.C., Chen, M.-J. (2008), "New academic field as admittance-seeking social movements: the case of strategic management", Academy of Management Review, Vol. 33, pp. 32-54.
Hirschman, A.O. (1964), "The Paternity of an Index", American Economic Review, September, pp. 761-762.
Lee, C. (2007), "SCP, NEIO and Beyond", Working Paper Series Vol. 2007-05, Nottingham University Business School, University of Nottingham Malaysia Campus, March.
Mason, E.S. (1939), "Price and production policies of large scale enterprises", American Economic Review, Vol. 29, pp. 61-74.
Matyjas, Z. (2011), "Koncepcja grup strategicznych – w stronę dynamicznych modeli konkurowania (przegląd badań światowych)", in: Urbaniak, M. (Ed.), Aktualne trendy w naukach o zarządzaniu, finansach i rachunkowości, Vol. 2, Folia Oeconomica 258, Wyd. Uniwersytetu Łódzkiego, Łódź, pp. 77-93.
Matyjas, Z. (2013a), "Firm and Industry Effects on Company Performance: Evidence From Polish Listed Companies", 9th EBES Conference - Rome Proceedings, Italy, January 11-13, pp. 2356-2366.
Matyjas, Z. (2013b), "Industry and Firm Influences on Performance: Evidence From Polish Public Firms", 4th Annual International Business Conference Saint Leo University, Tampa, USA, February 13-15, pp. 133-144.
Matyjas, Z. (2013c), Wzorce konkurowania przedsiębiorstw w sektorach – podejście dynamiczne, Wydawnictwo Uniwersytetu Łódzkiego, Łódź.
Perry, M.K. (1989), "Vertical Integration: Determinants and Effects", in: Schmalensee R., Willig R.D. (Eds.), Handbook of Industrial Organization. Vol. 1, Elsevier North Holland, Amsterdam, pp. 183-258.
Porter, M.E. (1981), "The Contributions of Industrial Organization to Strategic Management", Academy of Management Review, Vol. 6, pp. 609-620.
Schmalensee, R. (1989), "Inter-Industry Studies of Structure and Performance", in: Schmalensee R., Willig R.D. (Eds.), Handbook of Industrial Organization. Vol. 2, Elsevier North Holland, Amsterdam, pp. 951-1009.
Smith, K.G., Ferrier, W.J., Ndofor, H. (2001), "Competitive Dynamics Research: Critique and Future Directions", in: Hitt, M.A., Freeman, R.E., Harrison, J.S. (Eds.), Handbook of Strategic Management, Blackwell, London, pp. 315-361.
Venkatraman, N., Ramanujam, V. (1986), "Measurement of Business Performance in Strategy Research: A Comparison of Approaches", Academy of Management Review, Vol. 11, pp. 801-814.
Williamson, O.E. (1979), "Transaction-Cost Economics: The Governance of Contractual Relations", The Journal of Law and Economics, October, pp. 233-261.
Downloads
Published
How to Cite
Issue
Section
License
Copyright
Articles submitted to the journal should not have been published before in their current or substantially similar form, or be under consideration for publication with another journal. Authors submitting articles for publication warrant that the work is not an infringement of any existing copyright and will indemnify the publisher against any breach of such warranty. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of the publisher unless otherwise agreed.
Plagiarism and ghostwriting
In response to the issue of plagiarism and ghostwriting the editors of the Journal of Positive Management has introduced the following rules to counteract these phenomena:
1. Contributors should be aware of their responsibility for a content of manuscripts.
2. Collective authors are obliged to reveal the contribution and an affiliation of each author (i.e. who is an author of specified part of a paper).
3. Any act of dishonesty will be denounced, the editors will inform appropriate institutions about the situation and give evidence of all cases of misconduct and unethical behaviour.
4. The editors may ask contributors for financial disclosure (i.e. contribution of specified institutions).
Stats
Number of views and downloads: 1444
Number of citations: 0
