2,104
Views
6
CrossRef citations to date
0
Altmetric
Original Articles

A gaming simulation approach to understanding blue ocean strategy development as a transition from traditional competitive strategy

& ORCID Icon
Pages 727-752 | Received 23 Sep 2018, Accepted 14 Mar 2019, Published online: 14 Apr 2019

References

  • Abraham, S. (2006). Blue oceans, temporary monopolies, and lessons from practice. Strategy & Leadership, 34(5), 52–57.
  • Afuah, A. (2009). Strategic innovation: New game strategies for competitive advantage. New York: Routledge.
  • Agnihotri, A. (2016). Extending boundaries of blue ocean strategy. Journal of Strategic Marketing, 24(6), 519–528.
  • Alam, S., & Tariqul, I. M. (2017). Impact of blue ocean strategy on organizational performance: A literature review toward implementation logic. IOSR Journal of Business and Management, 19, 1–19.
  • Ambler, T., & Kokkinaki, F. (1997). Measures of marketing success. Journal of Marketing Management, 13, 665–678.
  • Aspara, J., Hietanen, J., & Tikkanen, H. (2010). Business model innovation vs replication: Financial performance implications of strategic emphases. Journal of Strategic Marketing, 18(1), 39–56.
  • Barba, R. (2015). ‘AvantCredit Rebrands as “Avant”, Acquires ReadyForZero’. Tech.Co (formerly Tech Cocktail). Tech.com [ online article]. Retrieved from https://tech.co/news/avantcredit-rebrands-as-avant-acquires-readyforzero-2015-03
  • BCG.COM. (2018). Most innovative companies 2018: Innovators go all in on digital. [ online]. Retrieved from https://www.bcg.com/publications/collections/most-innovative-companies-2018.aspx
  • Bergen, M., & Peteraf, M. (2002). Competitor identification and competitor analysis: A broad-based managerial approach. Managerial and Decision Economics, 23(4–5), 157–169.
  • Bloomberg Businessweek. (2010). Tony Hsieh: Redefining Zappos‘ business model. [ online] Retrieved from https://www.bloomberg.com/news/articles/2010-05-27/tony-hsieh-redefining-zappos-business-model
  • Bogers, M., Chesbrough, H., & Moedas, C. (2018). Open innovation: Research, practices, and policies. California Management Review, 60(2), 5–16.
  • Brown, T., Abduljabbar, M., Englund, S., & Treen, E. (2018). Twenty-five years and counting: An analysis of the journal of strategic marketing. Journal of Strategic Marketing, 26(2), 125–139.
  • Chesbrough, H. (2010). Business model innovation: Opportunities and barriers. Long Range Planning, 43, 354–363.
  • Christensen, C. M. (1997). The innovator’s dilemma: When new technologies cause great firms to fail. Boston: Harvard Business School Press.
  • Christensen, C. M., Raynor, M. E., & McDonald, R. (2015). What is disruptive innovation. Harvard Business Review, 93(12), 44–53.
  • Coad, A., Daunfeldt, S. O., Holzl, W., Johansson, D., & Nightingale, P. (2014). High-growth € firms: Introduction to the special section. Industrial and Corporate Change, 23(1), 91–112.
  • D‘Aveni, R. A. (2007). Mapping your competitive position. Harvard Business Review, 85(11), 110–120.
  • David, M. N. (2011). Understanding the blue oceans in the 21st century. European Journal of Business and Management, 3(4), 133–145.
  • Demir, R., Wennberg, K., & McKelvie, A. (2017). The strategic management of high-growth firms: A review and theoretical conceptualization. Long Range Planning, 50(4), 431–456.
  • Dieguez-Barreiro, J. H., González-Benito, J, Galende, J, & Kenji Kondo, E. (2011). The use of management games in the management research agenda. Developments in Business Simulation and Experiential Learning, 38, 83–90.
  • Financial Times. (2007). Nintendo’s Wii outsells rival consoles [ online]. Retrieved from https://www.ft.com/content/58c00a80-c1a9-11db-ae23-000b5df10621
  • Financial Times. (2017).New-generation UK banks challenge with technology [ online]. Retrieved from https://www.ft.com/content/716cb86c-002d-11e7-8d8e-a5e3738f9ae4
  • Florida, R, & Kenney, M. (1990). High-technology restructuring in the USA and Japan. environment and planning a: Economy and space. 22(2), 233–252.
  • Fogarassy, C., Horvath, B., & Magda, R. (2018). Business model innovation as a tool to establish corporate sustainability. Visegrad Journal on Bioeconomy and Sustainable Development, 6(2), 50–58.
  • Fox Business. (2009). Disney Completes Marvel Acquisition [ online]. Retrieved from https://www.foxbusiness.com/story/markets/industries/media/disney-completes-marvel-acquisition
  • Gemici, E., & Alpkan, L. (2015). An application of disruptive innovation theory to create a competitive strategy in Turkish air transportation industry. Procedia - Social and Behavioral Sciences, 207, 797–806.
  • Gochhait, S, & Tripathy, P. C. (2014). Blue ocean marketing strategy: A study of refractory industries in odisha. The Iup Journal of Entrepreneurship Development, XI(3), 49–61.
  • Goedhuys, M., & Sleuwaegen, L. (2010). High-growth entrepreneurial firms in Africa: A quantile regression approach. Small Business Economics, 34, 31e51.
  • Grant, R. (2008). The future of management: Where is Gary Hamel leading us? Long Range Planning, 41(5), 469–482.
  • Hamel, G. (2000). Leading the revolution. Boston: Harvard Business School Press.
  • Hamel, G., & Prahalad, C. K. (2005). Strategic intent. Harvard Business Review, 83(7), 148–161.
  • Hernandez-Villafuerte, K., Sussex, J., Robin, E., Guthrie, S., & Wooding, S. (2017). Economies of scale and scope in publicly funded biomedical and health research: Evidence from the literature. Health Research Policy and Systems, 15(1), 3.
  • Hisamitsu, A. (1999). Intellectual property policies for the twenty-first century: The Japanese experience in wealth creation. Geneva: WIPO.
  • Johnson, M. W. (2010). Seizing the white space: Business model innovation for growth and renewal. Boston, MA: Harvard Business Press.
  • Kandiah, G., & Gossain, S. (1998). Reinventing value: The new business ecosystem. Strategy & Leadership, 26(5), 28–33.
  • Kim, W. C., & Mauborgne, R. (2004a, September). Blue ocean strategy. Harvard Business Review, 82(10), 76–84.
  • Kim, W. C., & Mauborgne, R. (2004b, July). Value innovation: The strategic logic of high growth. Harvard Business Review,75(1), 102–112.
  • Kim, W. C., & Mauborgne, R. (2005a). Blue ocean strategy: How to create uncontested market space and make competition irrelevant. Harvard Business Review Press, 2005, 256.
  • Kim, W. C, & Mauborgne, R. (2005b). Blue ocean strategy: From theory to practice. California Management Review, 47(3), 105–121.
  • Kim, W. C, & Mauborgne, R. (2015, March). Red ocean traps. Harvard Business Review, 93(3), 14.
  • Kim, W. C., & Mauborgne, R. (2017). Blue ocean shift: Beyond competing - proven steps to inspire confidence and seize new growth. London: Pan MacMillan.
  • Kotler, P. (1977). From sales obsession to marketing effectiveness. Harvard Business Review, 55(6), 67–75.
  • Kumar, A. S. (2012). Blue ocean strategy. Retrieved from TechnoparkToday.com.
  • Laamanen, T. (2017). Reflecting on the past 50 years of long range planning and a research agenda for the next 50. Long Range Planning, 50(1), 1–7.
  • Landes, W., & Posner, R. (2003). The economic structure of intellectual property law. Cambridge: Belknap Press.
  • Lazonick, W. (1990). Competitive advantage on the shop floor. Cambridge, MA: Harvard University Press.
  • Littunen, H., & Tohmo, T. (2003). The high growth in new metal-based manufacturing and business service firms in Finland. Small Business Economics, 21(2), 187–200.
  • Markides, C. (1997). Strategic innovation. Sloan Management Review, 38, 9–24.
  • Massa, L., Tucci, C., & Afuah, A. (2017). A critical assessment of business model research. Academy of Management Annals, 11(1), 73–104.
  • McCain, R. (2015). Game theory and public policy (2nd ed.). Cheltenham, Gloucestershire: Edward Elgar Publishing.
  • McDermott, C. M., & O‘Connor, G. C. (2003). Managing radical innovation: An overview of emergent strategy issues. Journal of Product Innovation Management, 19, 424–438.
  • McGrath, R. G. (2010). Business models: A discovery driven approach. Long Range Planning, 43(2–3), 247–261.
  • Miller, K. (2017). Fintech 100 announced. [ online]. KPMG. Retrieved from https://home.kpmg.com/xx/en/home/media/press-releases/2017/11/the-fintech-100-announcing-the-worlds-leading-fintech-innovators-for-2017.html
  • Moore, J. (2006). Business ecosystems and the view from the firm. The Antitrust Bulletin, 51(1), 31–75.
  • Moore, J. F. (1996). The death of competition: Leadership and strategy in the age of business ecosystems. New York: Harper Business.
  • Morgan, R. E., & Strong, C. A. (1998). Market orientation and dimensions of strategic orientation. European Journal of Marketing, 32(11/12), 1051–1073.
  • Morgan, R. E., & Strong, C. A. (2003). Business performance and dimensions of strategic orientation. Journal of Business Research, 56(3), 163–176.
  • Murray, A. I. (1988). A contingency view of Porter‘s ‘generic strategies’. Academy of Management Review, 13(3), 390–400.
  • Myhrvold, N. (2010). The big idea. Funding Eureka! Harvard Business Review, 88, 40–50.
  • Nalebuff, B. J., & Brandenburger, A. M. (1997). Co-opetition: Competitive and cooperative business strategies for the digital economy. Strategy & Leadership, 25(6), 28–33.
  • Nayar, V. (2010, June). How I did it: A Maverick CEO explains how he persuaded his team to leap into the future. Harvard Business Review, 88(6), 110–113.
  • Ng, A., Chai, L., Ismail, D., Ismail, W., & Khairuzzaman, W. (2011). Blue ocean strategy: A preliminary literature review and research questions arising. Australian Journal of Basic and Applied Sciences, 5, 86–91.
  • O’Regan, N., Ghobadian, A., & Gallear, D. (2006). In search of the drivers of high growth in manufacturing SMEs. Technovation, 26, 30e41.
  • Ogbogu-Asogwa, O., Ike, R. N., Adeleke, B. S., & Ekoja, G. O. (2017, October). Impact of blue ocean strategy on value innovation: A study of selected firms’ in FMCG and telecommunications sectors in South-West Nigeria. International Journal of Scientific & Engineering Research, 8(10), 721–735.
  • Parvinen, P., Aspara, J., Hietanen, J., & Kajalo, S. (2011). Awareness, action and context-specificity of blue ocean practices in sales management. Management Decision, 49(8), 1218–1234.
  • Paul, J., & Sánchez‐Morcilio, R. (2018). Toward A new model for firm internationalization: Conservative, predictable, and pacemaker companies and markets. Canadian Journal of Administrative Sciences/Revue Canadienne Des Sciences De l‘Administration, 14(1), 1512.
  • Peltoniemi, M., & Vuori, E. (2008). Business ecosystem as the new approach to complex adaptive business environments. Proceedings of EBusiness Research Forum, 2, 267–281.
  • Porter, M. E. (1996, February). What Is Strategy?. Harvard Business Review, 74, 61–78.
  • Porter, M. E. (1998, September). On competition. Boston, MA: Harvard Business School Press.
  • Porter, M. E. (2008, January). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 57–71.
  • Prahalad, C. K., & Bettis, R. A. (1995). The dominant logic: Retrospective and extension. Strategic Management Journal, 16(1), 5–14.
  • Randall, R. (2015). W. Chan Kim and Renée Mauborgne dispel blue ocean myths. Strategy & Leadership, 43(2), 11–14.
  • Ryzhkova, N. (2015). Does online collaboration with customers drive innovation performance? Journal of Service Theory and Practice, 25, 327e347.
  • Sadovnikova, A., Pujari, A., & Mikhailitchenko, A. (2016). Radical innovation in strategic partnerships: A framework for analysis. Journal of Business Research, 69(5), 1829–1833.
  • Smit, H. T. J., & Trigeorgis, L. (2012). Strategic investment: Real options and games. Princeton, NJ: Princeton University Press.
  • Strong, C. (2008). Book review. Journal of Strategic Marketing, 16(4), 355–357.
  • Teece, D. J. (2007). Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28, 1319–1350.
  • Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43(2–3), 172–194.
  • Tellis, G., Prabhu, J., & Chandy, R. (2009). Radical innovation across nations: The preeminence of corporate culture. Journal of Marketing, 73(1), 3–23.
  • Thompson, A. A., Stappenbeck, G. A., Reidenbach, M. A., Thrasher, I. F., & Harms, C. C. (2017). BSG business strategy game. New York: McGraw-Hill Education, Inc..
  • Todd, A., & Taylor, B. (1993). The baby sharks: Strategies of Britain‘s supergrowth companies. Long Range Planning, 26(2), 69–77.
  • Tolin, K, & Caru, A. (2008). Strategic market creation, London. John Wiley and Sons.
  • Tushman, M. L., & O’Reilly, C. A. (1997). Winning through innovation. Boston, MA: Harvard Business Scholl Press.
  • Utterback, J. M. (1994). Mastering the dynamics of innovation. Boston, MA: Harvard Business School Press.
  • Utterback, J. M., & Abernathy, W. (1975). A dynamic model of process and product innovation. Omega, 3/6, 639–656).
  • Valkokari, K. (2015). Business, Innovation, and knowledge ecosystems: How they differ and how to survive and thrive within them. Technology Innovation Management Review, 5(8), 17–24.
  • Veryzer, R. W. (1998). Discontinuous innovation and the new product development process. Journal of Product Innovation Management, 15, 304–321.
  • Yoffie, D. B., & Cusumano, M. A. (1999, January–February). Judo strategy: The competitive dynamics of internet time. Harvard Business Review, 77, 70–81.
  • Zhang, D. (2013). The revival of vertical integration: Strategic choice and performance influences. Journal of Management and Strategy, 4, 1.
  • Zott, C., & Amit, R. (2010). Business model design: An activity system perspective. Long Range Planning, 43, 216–226.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.