{"id":55761,"date":"2023-12-01T18:49:49","date_gmt":"2023-12-01T17:49:49","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/do-firms-facing-competitors-from-emerging-markets-behave-differently-evidence-from-austrian-manufacturing-firms\/"},"modified":"2024-11-07T06:25:54","modified_gmt":"2024-11-07T05:25:54","slug":"do-firms-facing-competitors-from-emerging-markets-behave-differently-evidence-from-austrian-manufacturing-firms","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55761\/","title":{"rendered":"Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55761","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"We study the strategic positioning of Austrian manufacturing firms that face competition from emerging markets as opposed to firms that do not. Using a unique sample of large Austrian manufacturing, we find that emerging market competitors are not always a force majeure, but the result of the firms' international activity. Existing strengths and weaknesses are more pronounced when firms face competitors from emerging markets. Emerging market competition is associated with a broader product portfolio and triggers portfolio adjustments. Yet, a larger share of the companies facing emerging market competitors neither adjusts the product portfolio nor plans to develop new competences.","onlinedate":"2021-02-12 12:00:00","lang":"English","publication_series":"","publication_date":"20210201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"33","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":386757,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"625","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2021-02-12 12:00:00","types":[44410],"research_groups":[3491],"collaboration":"","persons":[3587,3815],"persons_data":"[{\"personId\":3587,\"personName\":\"Klaus S. Friesenbichler\",\"organisationNames\":[]},{\"personId\":3815,\"personName\":\"Andreas Reinstaller\",\"organisationNames\":[]}]","clients":[10660],"subclients":[],"partners":[],"topics":[40955,41601,125684],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Friesenbichler, K. S.<\\\/span><span>, &amp; Reinstaller, A.<\\\/span> (2021). <span>Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (625). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66882\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66882<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Friesenbichler KS<\\\/span><span>, Reinstaller A<\\\/span>. <span class=\\\"title\\\"><span>Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2021 Feb;(625).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{38604b363f3f4a639661ef7202af2fc2,<\\\/div><div>  title    = \\\"Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms\\\",<\\\/div><div>  abstract = \\\"We study the strategic positioning of Austrian manufacturing firms that face competition from emerging markets as opposed to firms that do not. Using a unique sample of large Austrian manufacturing, we find that emerging market competitors are not always a force majeure, but the result of the firms' international activity. Existing strengths and weaknesses are more pronounced when firms face competitors from emerging markets. Emerging market competition is associated with a broader product portfolio and triggers portfolio adjustments. Yet, a larger share of the companies facing emerging market competitors neither adjusts the product portfolio nor plans to develop new competences.\\\",<\\\/div><div>  keywords = \\\"Austria, Competition, Dynamic Capabilities, Emerging Markets, Manufacturing\\\",<\\\/div><div>  author   = \\\"Friesenbichler, \\\\{Klaus S.\\\\} and Andreas Reinstaller\\\",<\\\/div><div>  note     = \\\"Do Firms Facing Competitors from Emerging Markets Behave Differently?\\\",<\\\/div><div>  year     = \\\"2021\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Do Firms Facing Competitors from Emerging Markets Behave Differently? Evidence from Austrian Manufacturing Firms<\\\/p><p>AU  - Friesenbichler, Klaus S.<\\\/p><p>AU  - Reinstaller, Andreas<\\\/p><p>N1  - Do Firms Facing Competitors from Emerging Markets Behave Differently?<\\\/p><p>PY  - 2021\\\/2<\\\/p><p>Y1  - 2021\\\/2<\\\/p><p>N2  - We study the strategic positioning of Austrian manufacturing firms that face competition from emerging markets as opposed to firms that do not. Using a unique sample of large Austrian manufacturing, we find that emerging market competitors are not always a force majeure, but the result of the firms' international activity. Existing strengths and weaknesses are more pronounced when firms face competitors from emerging markets. Emerging market competition is associated with a broader product portfolio and triggers portfolio adjustments. Yet, a larger share of the companies facing emerging market competitors neither adjusts the product portfolio nor plans to develop new competences.<\\\/p><p>AB  - We study the strategic positioning of Austrian manufacturing firms that face competition from emerging markets as opposed to firms that do not. Using a unique sample of large Austrian manufacturing, we find that emerging market competitors are not always a force majeure, but the result of the firms' international activity. Existing strengths and weaknesses are more pronounced when firms face competitors from emerging markets. Emerging market competition is associated with a broader product portfolio and triggers portfolio adjustments. 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