IDEAS home Printed from https://ideas.repec.org/a/bla/jomstd/v47y2010i5p884-910.html
   My bibliography  Save this article

Technological Discontinuities and Competitive Advantage: A Historical Perspective on Formula 1 Motor Racing 1950–2006

Author

Listed:
  • Mark Jenkins

Abstract

This paper considers the interplay between technological discontinuities and competitive performance. Much of the work on technological discontinuities has focused on macro levels of analysis such as industries and technologies rather than specific firms. This study uses a historical perspective on Formula 1 motor racing to explore the dynamics between firm level performance and technological discontinuities over a 57 year period. The study supports the findings of previous research that incumbent firms are often unable to adapt to the impact of exogenous shocks. However the study also reveals situations where a relatively small number of firms are able to sustain their competitive superiority through a number of successive discontinuities. I suggest that, in addition to dynamic capabilities, these firms possess sustaining capabilities – munificent resource configurations which extend the time available for firms to adapt to technological changes – thereby allowing them to remain competitive across discontinuities.

Suggested Citation

  • Mark Jenkins, 2010. "Technological Discontinuities and Competitive Advantage: A Historical Perspective on Formula 1 Motor Racing 1950–2006," Journal of Management Studies, Wiley Blackwell, vol. 47(5), pages 884-910, July.
    • Handle: RePEc:bla:jomstd:v:47:y:2010:i:5:p:884-910
    DOI: 10.1111/j.1467-6486.2010.00928.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-6486.2010.00928.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-6486.2010.00928.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aversa, Paolo & Guillotin, Olivier, 2018. "Firm technological responses to regulatory changes: A longitudinal study in the Le Mans Prototype racing," Research Policy, Elsevier, vol. 47(9), pages 1655-1673.
    2. Mary O'Sullivan & Margaret B. W. Graham, 2010. "Guest Editors' Introduction," Journal of Management Studies, Wiley Blackwell, vol. 47(s1), pages 775-790, July.
    3. Mariotti, Francesca & Haider, Sajjad, 2020. "Managing institutional diversity and structural holes: Network configurations for recombinant innovation," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    4. Lawton, Thomas & Rajwani, Tazeeb & Doh, Jonathan, 2013. "The antecedents of political capabilities: A study of ownership, cross-border activity and organization at legacy airlines in a deregulatory context," International Business Review, Elsevier, vol. 22(1), pages 228-242.
    5. Giachetti, Claudio & Marchi, Gianluca, 2017. "Successive changes in leadership in the worldwide mobile phone industry: The role of windows of opportunity and firms’ competitive action," Research Policy, Elsevier, vol. 46(2), pages 352-364.
    6. Alessandro Marino & Paolo Aversa & Luiz Mesquita & Jaideep Anand, 2015. "Driving Performance via Exploration in Changing Environments: Evidence from Formula One Racing," Organization Science, INFORMS, vol. 26(4), pages 1079-1100, August.
    7. Mario COCCIA, 2017. "Disruptive firms and industrial change," Journal of Economic and Social Thought, KSP Journals, vol. 4(4), pages 437-450, December.
    8. Goodall, Amanda H. & Pogrebna, Ganna, 2012. "Expert Leaders in a Fast-Moving Environment," IZA Discussion Papers 6715, Institute of Labor Economics (IZA).
    9. Mario Coccia, 2017. "Disruptive firms," Papers 1710.06132, arXiv.org.
    10. Mario Coccia, 2017. "Disruptive technologies and competitive advantage of firms in dynamic markets," IRCrES Working Paper 201704, CNR-IRCrES Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Torino (TO) ITALY.
    11. Oliver Budzinski & Arne Feddersen, 2020. "Measuring competitive balance in Formula One racing," Chapters, in: Plácido Rodríguez & Stefan Kesenne & Brad R. Humphreys (ed.), Outcome Uncertainty in Sporting Events, chapter 1, pages 5-26, Edward Elgar Publishing.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jomstd:v:47:y:2010:i:5:p:884-910. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-2380 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.