... firms' investment choices influence, and are simultaneously influenced by, the co‐evolution of “external” industry competition and “internal” firm competences. This paper aims to contribute to the development of a theory of endogenous market structure in strategy. Design/methodology/approach Two...

...Mujtaba Ahsan Purpose The purpose of this paper is to empirically examine the impact of capital investments on new capabilities development during competence‐destroying change. The moderating role of uncertainty is also explored. Design/methodology/approach This paper utilizes two distinct...

... influence this network position‐performance relation?” Design/methodology/approach These aspects are examined by studying network position and specialization of actors operating in the investment banking industry in the Euro area, using data on all 279 underwriting syndicates formed during the years...