0000000000400666
AUTHOR
Tomi Nokelainen
Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA
Prior research on competitive dynamics has failed to offer tools to understand distorted patterns of competition that emerge from distinct institutional and historical contexts. Our analysis suggests that a joint effect of institutional rules, governance structures, and shared cognition plays a pivotal role in firm-level competitive behavior and capability development. We show how globally significant market positions can result from specific institutional arrangements between firms and governments, especially if coupled with interfirm contractual commitments. Our results call for more attention to these interfirm commitments that are built on formal rules and governmental support, but whos…
Institutional Path Dependence in Competitive Dynamics: The Case of Paper Industries in Finland and the USA
Prior research on competitive dynamics has failed to offer tools to understand distorted patterns of competition that emerge from distinct institutional and historical contexts. Our analysis suggests that a joint effect of institutional rules, governance structures, and shared cognition plays a pivotal role in firm-level competitive behavior and capability development. We show how globally significant market positions can result from specific institutional arrangements between firms and governments, especially if coupled with interfirm contractual commitments. Our results call for more attention to these interfirm commitments that are built on formal rules and governmental support, but whos…
Global Demand for Paper Products: 2006–2050
Our aim is to formulate and present global demand forecasts for several paper products for the main regions of the world for the period 2005-2050. Our forecasts, while based on standard regression modeling, differ from existing ones in that they are based not only on historical observed consumption patterns and projections of economic growth, but also take into account changes in the demographic constitution of countries and regions, and incorporate the assumption that beyond certain level economic prosperity (here in terms of GDP per capita) does not translate into increased demand for paper products. Our key results are threefold. First, the demand for paperboard and hygiene products will…