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Author: | Arend, R. J. |
Title: | The definition of strategic liabilities, and their impact on firm performance |
Journal: | Journal of Management Studies
2004 : SEP, VOL. 41:6, p. 1003-1027 |
Index terms: | Company performance Competitiveness Liabilities |
Language: | eng |
Abstract: | This article discusses strategic liabilities which are firm-specific and context-specific processes and both tangible and intangible holdings creating competitive disadvantage. Firms' strategic liabilities can originate from endowments, rival actions and unfavourable changes in context. The article's objective is to warrant the formal definition and analysis of strategic liabilities. |
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