The Concept of Chance Management in Coopetition Among Cultural Institutions
Purpose: The aim of the article is to exemplify the chance management concept in coopetition among cultural institutions and determine specific chance attributes. Design/methodology/approach: The empirical research was exploratory, and the research process used a qualitative, interpretative appro...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Warsaw
2023-01-01
|
| Series: | European Management Studies |
| Subjects: | |
| Online Access: | https://press.wz.uw.edu.pl/ems/vol21/iss2/2 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Purpose: The aim of the article is to exemplify the chance management concept in coopetition among
cultural institutions and determine specific chance attributes.
Design/methodology/approach: The empirical research was exploratory, and the research process used
a qualitative, interpretative approach. The study used semi-structured, in-depth individual face-to-face
interviews. A total of 42 interviews were conducted with public and private museums.
Findings: Our research revealed that cultural entities take advantage of opportunities so as to achieve
not only a competitive advantage, but also a cooperative, or even – as has been shown – a coopetitive
one. Coopetition, in turn, can be analyzed through the lens of the chance management concept, and
especially the relational perspective of chance, which views chance as an important element within
an organization’s environment. Moreover, the specificity of coopetition in cultural institutions has shown
the importance of social factors, emphasizing that coopetition is the effect of social construction, individual
actions and the motivations of managers. Therefore, the social embeddedness of coopetition should
be emphasized in this approach, determining not only the intentional, but also the emergent, nature of
coopetition. At the same time, it reveals that the individual cognitive perspective of managers who are
able to notice, use or create chance is significant.
Originality/value: In strategic management, coopetition has been considered so far to be a planned,
long-term phenomenon and a purposefully, deliberately created relationship. The findings of our research
in the cultural sector have revealed that coopetition can also be a temporal, ad hoc relationship
that is short-term in nature, as well as being incremental and undertaken spontaneously depending on
emerging opportunities. |
|---|---|
| ISSN: | 2956-7602 |