search query: @author Barney, J. B. / total: 12
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| Author: | Barney, J. B. |
| Title: | Strategic factor markets : expectations, luck, and business strategy. |
| Journal: | Management Science
1986 : OCT, VOL. 32:10, p. 1231-1241 |
| Index terms: | MERGERS STRATEGIC PLANNING |
| Language: | eng |
| Abstract: | A conceptual framework that firms can use to anticipate and exploit competitive imperfections in strategic factor markets is developed. It is argued that firms that wish to obtain expected above normal returns from implementing product market strategies must be consistently better informed concerning the future value of those strategies than other firms acting in the same strategic factor markets. Some ways that firms can become better informed are outlined,including through the analysis of a firm's competitive environment and through the analysis of its unique skill and capabilities. |
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