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| Author: | Grahovac, J. Miller, D.J. |
| Title: | Competitive advantage and performance: the impact of value creation and costliness of imitation |
| Journal: | Strategic Management Journal
2009 : NOV, VOL. 30:11, p. 1192-1212 |
| Index terms: | strategic planning resource management competitive advantage performance appraisal models |
| Freeterms: | resource-based view |
| Language: | eng |
| Abstract: | This study develops an industrial organization type model to relate resources to the spread btw. product market demand and marginal cost. Competitive advantage (herein as: cmp-adv.) is defined as the cross-sectional differential in this spread, and performance (here as: perf.) as the longitudinal differential btw. what a firm appropriates in the product market and what it paid in the factor market (here as: f-market/s). With f-markets imposing different costs on the innovator and potential imitator/s, cmp-adv., perf., and high resource value do not necessarily overlap etc. |
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