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COMPETITIVE ACTIONS OF NEW TECHNOLOGY FIRMS: THE RED QUEEN EFFECT AND NEW FIRM PERFORMANCE
Title
COMPETITIVE ACTIONS OF NEW TECHNOLOGY FIRMS: THE RED QUEEN EFFECT AND NEW FIRM PERFORMANCE.
Creator
Porter, Robert, Ford, Cameron, University of Central Florida
Abstract / Description
The competitive strategy used by a new firm may be the most important strategy it ever employs (Covin & Slevin, 1989; Ferrier, 2001). A well-chosen and executed firm strategy is essential for a firm to realize its potential competitive advantage (Porter, 1981). A firmÂÂ's strategic intent and resulting competitive actions are especially important when firms are new and vulnerable as they strive to learn which strategic actions help them adapt to their rivals actions and...
Show moreThe competitive strategy used by a new firm may be the most important strategy it ever employs (Covin & Slevin, 1989; Ferrier, 2001). A well-chosen and executed firm strategy is essential for a firm to realize its potential competitive advantage (Porter, 1981). A firmÂÂ's strategic intent and resulting competitive actions are especially important when firms are new and vulnerable as they strive to learn which strategic actions help them adapt to their rivals actions and to their environment (Stinchcombe, 1965). Further, the competitive actions that new firms choose to take with rival firms affects the overall competitive dynamics of their industry (Smith, Ferrier, and Ndofor, 2001). One way to explore how the competitive actions of new firms affect their future is to capture and examine their individual competitive moves and countermoves over time (Smith, Grimm, Gannon, & Chen, 1991). Red Queen competition is a particular form of competitive dynamics that is well-suited to explore these issues of new rival firms (Barnett, 2008). Barnett and Sorenson (2002) suggested that competition and learning reinforce one another as organizations develop, and this is what van Valen (1973) referred to as the ÂÂ'Red Queen.ÂÂ' This definition of the Red Queen led to the development of the concept of Red Queen competition and the Red Queen effect. The competitive strategies these new firms use to obtain resources as they adapt, in particular how these firms compete and or cooperate, are key competitive strategies that remain understudied to-date (Amit, Glosten, and Muller, 1990). I explore Red Queen competition, and the ensuing Red Queen Effect, in a complex environmental setting that represents a high technology ecosystem (Arned, 1996, 2010; Iansiti & Levien, 2004a, 2004b; Moore, 1993; Pierce, 2009). New firms in such an ecosystem represent a particularly salient combination of type of firm, firm lifecycle period, and firm environment to examine strategic actions since these firms comprise a significant portion of the high-growth and future of our global economy (Stangler, 2010). Further, due to their need to rapidly adapt in a complex ecosystem, these firms rely heavily on short-lived information resources for competitive advantage (Barney, 1991; Nelson and Winter, 1982; Omerzel, 2008). To place this research in context, I consider the moderating effects of key environmental ecosystem resource conditions (Dess & Beard, 1984; Miller & Friesen, 1983; Sharfman & Dean, 1991). Empirical studies to-date have yielded mixed results and left unanswered questions about the basic components and the effects of Red Queen competition. To address these issues I explore this literature in chapter one of the dissertation, and in chapter two I develop a theoretical model of Red Queen competition that draws on the available empirical and theoretical literature to-date. Due to the mixed finding from the empirical results, I develop a precise agent-based simulation model of Red Queen competition in chapter three to facilitate data collection. Using this data I test a series of hypotheses designed to explore the fundamentals of Red Queen competition, specifically how escalating competitive activity for resources among new firms impacts their survival and performance. In addition, the moderating effect of environmental changes on Red Queen competition is also tested to explore the affect of context on Red Queen competition. Chapter four explains the findings from these hypotheses, future research directions, implications and limitations from the research, and my concluding thoughts.
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Date Issued
2010
Identifier
CFE0003452, ucf:48389
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0003452
A multimedia pedestrian safety program and school infrastructure: Finding the connection to pedestrian risk-taking attitudes and perceptions of pedestrian behavior
Title
A multimedia pedestrian safety program and school infrastructure: Finding the connection to pedestrian risk-taking attitudes and perceptions of pedestrian behavior.
Creator
Scott, Diana, Hoffman, Bobby, Sivo, Stephen, Porter, Robert, University of Central Florida
Abstract / Description
Approximately 47,700 pedestrians were killed between the years of 2000 - 2009. School buses are one of the safest modes of transportation (National Highway Traffic Safety Administration, 2004). However, the Central Florida school district eliminated bus transportation within the 2-mile radius from schools just last year. Children must prepare for an alternative mode of transportation; walking and biking. The purpose of this research was two-fold. First to develop an online safety training...
Show moreApproximately 47,700 pedestrians were killed between the years of 2000 - 2009. School buses are one of the safest modes of transportation (National Highway Traffic Safety Administration, 2004). However, the Central Florida school district eliminated bus transportation within the 2-mile radius from schools just last year. Children must prepare for an alternative mode of transportation; walking and biking. The purpose of this research was two-fold. First to develop an online safety training program for elementary school children; and second, a self-report questionnaire was constructed and piloted to measure how safety training and school infrastructure affects students' pedestrian risk-taking attitudes and risk perceptions to avoid the dangers of walking and biking to and from school. A 2x2 Factorial Multivariate Analysis of Variance (MANOVA) was used to test two categorical independent variables (safety awareness training, school infrastructure) for each of the two continuous dependent variables (pedestrian risk-taking attitudes and risk perceptions of pedestrian behavior). Using data from the pilot study, the researcher developed, self-reported questionnaires demonstrated that there was a significant difference between schools. Those receiving the training had lower mean scores in risk-taking attitudes than those who did not receive the training. Regardless of intervention, School 2 (complete infrastructure) takes fewer risks than School 1(incomplete infrastructure). The mean difference between groups was not statistically significant.
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Date Issued
2014
Identifier
CFE0005248, ucf:50590
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005248
A Framework for the Development of a Model for Successful, Sustained Lean Implementation and Improvement
Title
A Framework for the Development of a Model for Successful, Sustained Lean Implementation and Improvement.
Creator
Sisson, Julie, Elshennawy, Ahmad, Rabelo, Luis, Xanthopoulos, Petros, Porter, Robert, University of Central Florida
Abstract / Description
Lean is a business philosophy focused on shortening lead times by removing waste and concentrating on value-added processes. When implemented successfully, it not only allows for cost reduction while improving quality, but it can also position a company to achieve tremendous growth. The problem is that though many companies are attempting to implement lean, it is estimated that only 2-3% are achieving the desired level of success. The purpose of this research is to identify the key...
Show moreLean is a business philosophy focused on shortening lead times by removing waste and concentrating on value-added processes. When implemented successfully, it not only allows for cost reduction while improving quality, but it can also position a company to achieve tremendous growth. The problem is that though many companies are attempting to implement lean, it is estimated that only 2-3% are achieving the desired level of success. The purpose of this research is to identify the key interrelated components of successful lean transformation. To this end, a thorough literature review was conducted and the findings indicate six key constructs that can act as enablers or inhibitors to implementing and sustaining lean. A theoretical framework was developed that integrates these constructs and develops research propositions for each. A multiple-case study analysis then was used to test the framework on four companies that have achieved successful, sustained results from their lean implementation in order to validate the model. The resulting model provides companies who are planning to implement lean with tangible actions that can be taken to make their lean transformations more successful.
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Date Issued
2014
Identifier
CFE0005262, ucf:50608
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005262
The effect of Baldrige performance excellence program on organization's innovation/dynamic capabilities
Title
The effect of Baldrige performance excellence program on organization's innovation/dynamic capabilities.
Creator
Alomairy, Mohammed, Elshennawy, Ahmad, Rabelo, Luis, Xanthopoulos, Petros, Porter, Robert, University of Central Florida
Abstract / Description
This dissertation investigated the effect of Baldrige performance excellence program on organization's innovation/dynamic capabilities improvement. According to the literature, there is little or no practical method for building dynamic/innovation capabilities within organizations. The study hypothesizes that Baldrige performance excellence program helps organizations to systematically develop the required dynamic/innovation capabilities for innovation.Twenty-four organizations that had...
Show moreThis dissertation investigated the effect of Baldrige performance excellence program on organization's innovation/dynamic capabilities improvement. According to the literature, there is little or no practical method for building dynamic/innovation capabilities within organizations. The study hypothesizes that Baldrige performance excellence program helps organizations to systematically develop the required dynamic/innovation capabilities for innovation.Twenty-four organizations that had implemented Baldrige program over the past five years participated in this research study. Two types of data were measured/collected from these organizations; Performance excellence data and Innovation capabilities data. To avoid bias in the data collection, the two data were measured and collected at different time frames and using different tools and methods. The analysis confirmed positive correlation between Organizations' performance excellence improvement through Baldrige program and Innovation capabilities represented in the Six Building Blocks Innovation model used in this research study.The performance excellence data of the organizations were measured using three different assessment programs from Florida Sterling Council, the state approved version of the US National Malcolm Baldrige Quality Award Program. The three different assessment programs were designed to help organizations in various stages of their performance excellence journey. Challenge program; designed for new organizations that have no experience with Baldrige criteria and typically have low performance, requires a written application and a team of five experienced examiners to visit the organization and conduct thorough interviews with the all the employees. Governor Sterling Award (GSA) program; designed for more experienced organizations that want to further improve their performance using intensive assessment criteria, requires a written application and a team of eight experienced examiners to visit the organization and conduct intensive interviews with most of the the employees. And Governor Sustained program; designed for mature organizations that completed the GSA assessment in the past three years and want to continue sustain their performance, requires a written application and a team of three experienced examiners to visit the organization and conduct a thorough meetings and interviews with management level employees.ANOVA statistical tool was used to analyze the difference in performance among the organizations that participated in at least one of the three assessment programs. The result showed a statistical difference with challenge program being the control group. This confirms that organizations' can systematically improve their performance when implementing Baldrige performance excellence program.The innovation capabilities data of the participated organizations were measured/collected using a survey-based tool. The innovation capabilities survey covers six building blocks; Innovation Value, Innovation Behavior, Innovation Climate, Innovation Resources, Innovation Process, Innovation Success measures. The Overall innovation capabilities measured based on the average score of all the six innovation building blocks.ANOVA statistical tool was used to analyze the innovation capabilities of organizations from the three assessment programs. The result confirmed a statistical difference with challenge program being the control group. Regression analysis was also used to analyze the relationship between performance excellence and each of the six innovation building blocks. The outcome of the study shows a positive correlation between the implementation of Baldrige performance excellence and organizations' innovation capabilities. Which confirms that Baldrige performance excellence program can be used by organizations to systematically build the required dynamic/innovation capabilities for innovations.
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Date Issued
2016
Identifier
CFE0006068, ucf:50964
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0006068
Linking a Business Capstone Course to Employer Needs in Central Florida
Title
Linking a Business Capstone Course to Employer Needs in Central Florida.
Creator
De George, Lauren, Hopp, Carolyn, Vitale, Thomas, Hutchinson, Cynthia, Boote, David, Porter, Robert, University of Central Florida
Abstract / Description
Capstone courses are well embedded into the curriculum of undergraduate programs in Colleges of Business and are often used to assess program outcomes and curricular goals. Assessment of best practices of Capstone programs and skills within Capstone courses are examined as assurance of learning requirements under AACSB mandates. The conceptual framework of problem-based learning serves as the foundation for national Capstone course models with student-centered pedagogies that enhance learning...
Show moreCapstone courses are well embedded into the curriculum of undergraduate programs in Colleges of Business and are often used to assess program outcomes and curricular goals. Assessment of best practices of Capstone programs and skills within Capstone courses are examined as assurance of learning requirements under AACSB mandates. The conceptual framework of problem-based learning serves as the foundation for national Capstone course models with student-centered pedagogies that enhance learning about a subject through the experience of problem solving by using thinking strategies and domain knowledge. Rubrics assess student mastery of content, professionalism, organization, language structure and presentation skills.The main purpose of this study was to determine to what extent students provided evidence of skills and competencies, as demonstrated through Capstone projects and presentations at a large metropolitan university in Central Florida, which were required to meet the needs of potential employers. Using focus group research, this study examined and interpreted Capstone student papers and presentations to determine to what extent the skill sets evidenced were sufficient for hiring entry-level positions in community business partners' respective organizations. This study served to contribute to an understanding of the factors that should be embedded in course design, linking assignments to course objectives, and overall curricular goals in order to fulfill assurance of learning requirements as established by AACSB mandates.
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Date Issued
2014
Identifier
CFE0005478, ucf:50330
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0005478