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040 _aMSU
_cMSU
_erda
100 1 _aWilson, Rick T.
_eauthor
245 1 _aCompeting successfully against multinationals: a longitudinal perspective of Hungarian advertising agencies
_ccreated by Rick T. Wilson
264 _aAbingdon
_bTaylor and Francis
_c2010
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Strategic Marketing
_vVolume 18, number 2,
520 _aAn increasing amount of attention is being placed on domestic firms in emerging markets especially in understanding how they develop strategy in response to market-based reforms and competition from multinational corporations. However, of this attention little is given to the plight of service firms. In an effort to address this gap, we conduct a case study of seven advertising agencies in Hungary. Using a three-pronged structure of the resource-based view, and its extension (dynamic capabilities framework), institution-based view and competitive strategy research, we find evidence of only some of the differentiation strategies found in other markets. The use of networks proved beneficial in the development of these strategies. We also discover two transitioning strategies utilized by firms as they move from a command economy toward a market-based economy.
650 4 _aAdvertising
650 4 _aEmerging markets
650 4 _aCompetitive strategy
856 _uhttps://doi.org/10.1080/09652540903536974
942 _2lcc
_cJA
999 _c157389
_d157389