The Notion of Arch Incumbency for De Novo Ventures: Experience from European Airlines
By definition, de novo industry ventures do not share many market-contact points with incumbents – itself an important source of competitive ‘stability’ through mutual forbearance. As such, these ventures are often subject to aggressive retaliation at the outset, which could threaten their very surv...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1830 |
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Institution: | Singapore Management University |
Language: | English |