| Tekijä: | Mathews, J. A. |
| Otsikko: | Competitive advantages of the Latecomer firm: a resource-based account of industrial catch-up strategies |
| Lehti: | Asia Pacific Journal of Management
2002 : DEC, VOL. 19:4, p. 467-488 |
| Asiasana: | Competitive advantage Strategic management |
| Vapaa asiasana: | Latecomer firm |
| Kieli: | eng |
| Tiivistelmä: | The resource-based view of the firm provides a satisfactory account of how firms go about sustaining their existing competitive advantages, but it is less successful in accounting for how firms create such advantages in the first place, or overcome incumbent advantages, when the firms start with few resources. The paper utilizes the case of latecomer firms from the Asia-Pacific region breaking into knowledge-intensive industries such as semiconductors, to illustrate the issues involved and the resource-targeting strategies utilized. This results in a startegic theory of the overcoming of competitive disadvantages through linkage, resource leverage, and learning. The dynamic capabilities of such firms are enhanced through repeated applications of linkage and leverage. |
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