TY - JOUR AU1 - Cool, Karel AU2 - Dierickx, Ingemar AB - An analysis of the U.S. pharmaceutical industry during the period 1963–82 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of firms, in segment interdependence and in strategic distance. In contrast, declining industry profitability is strongly associated with increasing rivalry. This increasing rivalry is associated with changes in strategic group structure and a concomitant shift from within group rivalry to between group rivalry. TI - Rivalry, strategic groups and firm profitability JF - Strategic Management Journal DO - 10.1002/smj.4250140106 DA - 1993-01-01 UR - https://www.deepdyve.com/lp/wiley/rivalry-strategic-groups-and-firm-profitability-VGTa37HL72 SP - 47 EP - 59 VL - 14 IS - 1 DP - DeepDyve ER -