D 2021

At Their own Will: Success and Failure of Airlines After Deregulation

MUDROŇ, Róbert; Pavlína ŠIROKÁ a Michal JIRÁSEK

Základní údaje

Originální název

At Their own Will: Success and Failure of Airlines After Deregulation

Autoři

MUDROŇ, Róbert; Pavlína ŠIROKÁ a Michal JIRÁSEK ORCID

Vydání

Reading, Proceedings of the 16th European Conference on Innovation and Entrepreneurship, od s. 590-597, 8 s. 2021

Nakladatel

Academic Conferences International

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Stát vydavatele

Velká Británie a Severní Irsko

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/21:00134952

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-1-914587-10-8

ISSN

Klíčová slova anglicky

success; deregulation; breakthrough event; Icarus paradox; strategic persistence; qualitative comparative analysis
Změněno: 4. 4. 2025 13:01, Mgr. Alžběta Karolyiová

Anotace

V originále

The deregulation of the U.S. air transportation industry in 1978 has served both as an inspiration for subsequent deregulation efforts and as a natural experiment of firm behavior under significant environmental change. The deregulation hurled many airlines into a qualitatively different business context in which they needed to re-establish their competitive positions. Our research aims to identify airlines' characteristics connected with success or its absence in the early postderegulation era. For this purpose, we use Qualitative Comparative Analysis (QCA) that allows us to observe airlines' characteristics in their combinations, not as independent factors. The method enables us to point out the equifinality in airlines' success, meaning that there were several ways how airlines could have become successful. We find that there were no clear pathways towards post-deregulation success. Yet, the results suggest (with borderline significance) that large airlines that changed their strategy succeeded. Regarding the absence of success, we find three combinations of conditions that explain the lack of success with a relatively high significance. Both results for the presence of success and its absence provides some support for the Icarus paradox. In this phenomenon, a satisfactory past performance causes a strategic persistence that is rendered dysfunctional during and after the breakthrough event and causes airlines' decline.