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What Does Firm Shaping of Markets Really Mean?

Author

Listed:
  • Constance E. Helfat

    (Tuck School of Business at Dartmouth, Hanover, New Hampshire 03755)

Abstract

This paper seeks to enhance our understanding of the shaping of a market by a firm or set of firms competing in that market. The analysis draws on evolutionary economics and incorporates insights from prior research on shaping that has relied on a socio-cognitive perspective. The approach taken here can provide a means to more clearly distinguish shaping from adaptation and search and has implications for organization–environment coevolution and the evolution of competitive advantage.

Suggested Citation

  • Constance E. Helfat, 2021. "What Does Firm Shaping of Markets Really Mean?," Strategy Science, INFORMS, vol. 6(4), pages 360-370, December.
    • Handle: RePEc:inm:orstsc:v:6:y:2021:i:4:p:360-370
    DOI: 10.1287/stsc.2021.0144
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