Agglomeration Efects and Strategic Orientations: Evidence From The U.S. Lodging Industry
Abstract
This study provides evidence regarding the strategic dynamics of competitive clusters. Firms that agglomerate (co-locate) may benefit from the differentiation of competitors without making similar differentiating investments themselves. Alternatively, co-locating with a high percentage of firms with low-cost strategic orientations reduces performance for firms pursuing high levels of differentiation. Further, the lowest-cost providers with the...
Paper Details
Title
Agglomeration Efects and Strategic Orientations: Evidence From The U.S. Lodging Industry
Published Date
Aug 1, 2005
Volume
48
Issue
4
Pages
565 - 581
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