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Assignment of Reading - LU Rong
Assignment of Reading - LU Rong
1. Summary
In this journey, it has a extended research which is about strategic entrepreneurship
construct by theory-based model. Because firm was engaged to recognize entrepreneurial
opportunities which outside of its business by radical competitive actions. Though this
radical competitive action, firms can increase their market commonality with rivals with
dissimilar resources or decrease their market commonality with other rivals who has
similar resource.
2. Phenomena/ problems
In order to sustain competitive advantage, firm engages to use competitive action for their
strategy in the dynamic market. So “entering a new market” is one of good choice. In the
most condition, the phenomena of firms will based on advantage seeking or opportunity-
seeking behavior for their strategic entrepreneurship to decrease market commonality.
6. Limitation
From my perspective, the limitation of this research is that there is no specific data
analysis or quantitative study to support new research conclusion and concept in this
paper. About solving method, I suggest that maybe future researcher can choose a group
of company which are in the one industry. Using specific information and data from this
series company group to have competitive analysis and make use whether it can be
adopted into this research idea and conclusion or not.
Reference
Withers, M., Ireland, R., Miller, D., Harrison, J. and Boss, D., 2018. Competitive Landscape Shifts:
The Influence of Strategic Entrepreneurship on Shifts in Market Commonality. Academy of
Management Review, 43(3), pp.349-370.