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dc.contributor.authorBurke, Andrew
dc.contributor.authorvan Stel, Andréen
dc.contributor.authorThurik, Royen
dc.date.accessioned2024-01-27T09:16:23Z
dc.date.available2024-01-27T09:16:23Z
dc.date.issued2016
dc.identifier.citationAndrew Burke, André van Stel, Roy Thurik, 'Testing the Validity of Blue Ocean Strategy versus Competitive Strategy: An Analysis of the Retail Industry', Senate Hall, 2016, International Review of Entrepreneurship, 123-146
dc.identifier.issn2009-2822
dc.identifier.urihttp://hdl.handle.net/2262/104627
dc.description.abstractWe investigate the nature of the competition process in retailing by contrasting blue ocean strategy and competitive strategy. We develop a methodology to test the core assumptions of both these major schools of strategic management. Applying this methodology to a large data set of shop type averages within the retailing sector, we find empirical support for blue ocean strategy in terms of creating new retail market space. At the same time we also find support for competitive forces eroding temporary profits. However, we find that these forces are sufficiently slow to enable periods of supernormal profits for retail innovators. Acknowledgement: A more practitioner focused discussion of the results of the analysis contained in this paper appeared in the Harvard Business Review 88(5) under the title "Blue Ocean vs. Five Forces". Keywords: blue ocean strategy, competitive strategy, innovation, sustainable profits, retailingen
dc.language.isoenen
dc.publisherSenate Hallen
dc.relation.ispartofseriesInternational Review of Entrepreneurshipen
dc.relation.haspartVol. 14, Issue 2, 2016eng
dc.rightsY
dc.sourceInternational Review of Entrepreneurship
dc.subjectblue ocean strategy|competitive strategy|innovation|sustainable profits|retailingen
dc.titleTesting the Validity of Blue Ocean Strategy versus Competitive Strategy: An Analysis of the Retail Industry
dc.typeJournal article
dc.status.refereedYes
dc.description.affiliationAndrew Burke (Trinity College Dublin, Ireland), André van Stel (Trinity College Dublin, Ireland and Kozminski University, Warsaw, Poland), Roy Thurik (Erasmus School of Economics, the Netherlands and Montpellier Business School, France)
dc.publisher.placeDublin
dc.rights.ecaccessrightsopenAccess
dc.format.extentpagination123-146


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