Strategic lock-in on government orientation makes shifting to market orientation nearly impossible
Evidence
Even though this might not be a problem when competitive pressure is low, firms might face economic problems when competitive pressure increases. A strategic lock-in with respect to government orientation makes shifting between market and non-market orientation a difficult task. — Georg Schreyögg and Jörg Sydow, The Hidden Dynamics of Path Dependence, 351
Categorization
- SEED: Angle: ‘Lobbying as a one-way door’ — how regulatory dependence becomes a trap that only bites when competition finally intensifies.