Journal ArticleDOI
Anatomy of competitive advantage: a SELECT framework
TLDR
In this article, an integrative framework called SELECT is proposed to help general managers systematically examine the various facets of the anatomy of competitive advantage: its substance, expression, locale, effect, cause, and time span.Abstract:
Competitive advantage is the basis for superior performance. Understanding the anatomy of competitive advantage is of paramount importance to general managers who bear the ultimate responsibility for a firm’s long term survival and success. Advances an integrative framework called SELECT to help general managers systematically examine the various facets of the anatomy of competitive advantage: its substance, expression, locale, effect, cause, and time‐span. Analyzing the causes of competitive advantage helps a firm create and gain advantage. Studying the substance, expression, locale, and effect of competitive advantage allows the firm to better utilize the advantage. Examining the time span of competitive advantage enables the firm to fully exploit the advantage according to its potential and sustainability.read more
Citations
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Journal ArticleDOI
Innovation in knowledge-intensive industries: The double-edged sword of coopetition
Ricarda B. Bouncken,Sascha Kraus +1 more
TL;DR: In this paper, the authors found that co-competition can trigger radical innovation, but at the same time can harm the extremely novel revolutionary innovation, and that the damaging effect on revolutionary innovation is even stronger when SMEs share knowledge with their partners.
Management, strategic management theories and the linkage with organizational competitive advantage from the resource-based view
TL;DR: In this article, the authors reviewed the evolution of management theory, the view of strategic management theory and its linkage with the resource-based view of the firm's competitive advantage and found that the RBV is one of the main strategic management theories that is applicable to explain organizational performance, and it is also part of the larger management theory family which has evolved to suit the managerial needs of the organizations and also the business environments organizations are operating in.
Journal ArticleDOI
Product differentiation: a tool of competitive advantage and optimal organizational performance (a study of unilever nigeria plc)
TL;DR: The concept of competitive advantage has taken centre stage in discussions of business strategy; that is why, one of the major challenges organizations face today is how to have a competitive advantage as discussed by the authors.
Journal Article
The relationship between organisational competitive advantage and performance moderated by the age and size of firms
TL;DR: In this article, the authors empirically examined the potential moderating variables that could affect the relationship between a firm's competitive advantage and performance, namely the firms' age and size.
Journal Article
The relationship between organisational resources, capabilities, systems and competitive advantage
TL;DR: In this paper, the authors empirically examined the importance of and emphasis placed on organisational resources, capabilities, and systems in their relationships with competitive advantage and found significant, positive effects of organizational resources and capabilities collectively on competitive advantage, providing support and corroboration to the resource-based view.
References
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Book ChapterDOI
Firm Resources and Sustained Competitive Advantage
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Posted Content
An Evolutionary Theory of Economic Change
TL;DR: In this paper, the authors developed an evolutionary theory of the capabilities and behavior of business firms operating in a market environment, including both general discussion and the manipulation of specific simulation models consistent with that theory.
Journal ArticleDOI
Strategic Factor Markets: Expectations, Luck, and Business Strategy
TL;DR: In this paper, the authors introduce the concept of a strategic factor market, i.e., a market where the resources necessary to implement a strategy are acquired, and show that such markets will be imperfectly competitive when different firms have different expectations about the future value of strategic resources.