Universität zu Köln

Klein, Klemens, Semrau, Thorsten, Albers, Sascha ORCID: 0000-0001-6533-7550 and Zajac, Edward J. (2020). Multimarket coopetition: How the interplay of competition and cooperation affects entry into shared markets. Long Range Plan., 53 (1). OXFORD: ELSEVIER SCI LTD. ISSN 1873-1872

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Abstract

This study sheds light on how coopetition among rival firms that meet in multiple markets affects their competitive behavior in terms of entry into markets with rival incumbents. Specifically, we develop theoretical arguments on how the probability of a firm entering into shared markets is shaped by the complex interplay among the intensities of simultaneous competition and cooperation. We test our ideas using longitudinal data covering 38,184 firm-market-year observations from the airline industry in Europe. In line with our theoretical arguments, we find that when the intensity of cooperation is low, the link between multimarket competition and market entry follows an inverted U. However, an increasing intensity of cooperation between multimarket firms attenuates this relationship. Specifically, the intensity of cooperation weakens the positive link between multimarket competition and market entry when rivals share only a few markets and also weakens the negative relationship between competition and market entry in situations of high market overlap. We discuss the implications of these findings for the literature on coopetition and beyond and highlight their practical implications.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Klein, Klemens UNSPECIFIED UNSPECIFIED UNSPECIFIED Semrau, Thorsten UNSPECIFIED UNSPECIFIED UNSPECIFIED Albers, Sascha UNSPECIFIED orcid.org/0000-0001-6533-7550 UNSPECIFIED Zajac, Edward J. UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-346407
DOI:	10.1016/j.lrp.2019.02.001
Journal or Publication Title:	Long Range Plan.
Volume:	53
Number:	1
Date:	2020
Publisher:	ELSEVIER SCI LTD
Place of Publication:	OXFORD
ISSN:	1873-1872
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language CO-OPETITION; INNOVATION PERFORMANCE; STRATEGIC SIMILARITY; ALLIANCE PORTFOLIOS; PRODUCT INNOVATION; MUTUAL FORBEARANCE; MANAGING TENSIONS; TRANSACTION COST; MODERATING ROLE; DYNAMICS Multiple languages Business; Development Studies; Management Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/34640