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Conclusion

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0007
Subject:
Business and Management, Strategy, Political Economy

This chapter summarizes and interprets the results obtained throughout the book. It recapitulates that international institutions and contracts serve as functional equivalents to national ... More


The Business of Economics

John Kay

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.001.0001
Subject:
Economics and Finance, Microeconomics

The first section of the book is concerned with how economics is, and should be used, in business. It stresses that the value of economics lies in being able to provide us with a better understanding ... More


The Value of Competitive Advantage

John Kay

in Foundations of Corporate Success: How Business Strategies Add Value

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.003.0013
Subject:
Economics and Finance, Microeconomics

Using examples from supermarket chains, car manufacturers, and banks, this chapter explains how competitive advantage can be quantified in the form of added value or economic rent. It is then ... More


Adding Value

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter describes financial relationships between competitive advantage, economic rent, added value, and various other measures of firm performance.


The Competitive Advantage of Nations

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0010
Subject:
Economics and Finance, Microeconomics

This chapter explores how the resource‐base theory of strategy can be extended from the competitive advantage of firms to the competitive advantage of countries. A country's competitiveness will ... More


Foundations of Corporate Success: How Business Strategies Add Value

John Kay

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.001.0001
Subject:
Economics and Finance, Microeconomics

Corporate success derives from a competitive advantage, which is based on distinctive capabilities. Competitive advantage relates to the unique character of a firm's relationship with its suppliers, ... More


Creating and Sustaining IT-Enabled Competitive Advantage

David Feeny, Blake Ives, and Gabriele Piccoli

in Competing in the Information Age: Align in the Sand

Published in print:
2003
Published Online:
January 2005
ISBN:
9780195159530
eISBN:
9780199834983
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195159535.003.0006
Subject:
Economics and Finance, Financial Economics

This chapter presents a framework for examining IT-enabled sustainable competitive advantage. It presents the potential drivers of sustainability of IT-enabled strategic initiatives. The model ... More


Sustainability

John Kay

in Foundations of Corporate Success: How Business Strategies Add Value

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.003.0011
Subject:
Economics and Finance, Microeconomics

Case studies and statistical evidence are used in order to show that many companies are successful in building sustainable competitive advantage using their distinctive capabilities. However, ... More


Strategy: The Economic Logic

James A. Phills

in Integrating Mission and Strategy for Nonprofit Organizations

Published in print:
2005
Published Online:
October 2011
ISBN:
9780195171280
eISBN:
9780199850327
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195171280.003.0003
Subject:
Business and Management, Strategy

This chapter explores the purpose and importance of strategy for the nonprofit organization. It also examines a framework for developing, articulating, and evaluating strategy, and shows how to apply ... More


The Nation

John Kay

in Foundations of Corporate Success: How Business Strategies Add Value

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.003.0020
Subject:
Economics and Finance, Microeconomics

Explains the relation between competitive advantage in the firm and competitive advantage in the national economy. In the context of a free market system, the former can lead to the other, given that ... More


Competitive Advantage

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0007
Subject:
Economics and Finance, Microeconomics

Using the example of six British supermarket chains, competitive advantage is explained and quantified. When there is no explicit comparator, competitive advantage can be measured in relation to the ... More


Organizational Integration and Competitive Advantage: Explaining Strategy and Performance in American Industry

William Lazonick and Jonathan West

in Technology, Organization, and Competitiveness: Perspectives on Industrial and Corporate Change

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198290964
eISBN:
9780191596162
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198290969.003.0008
Subject:
Economics and Finance, Microeconomics

This paper proposes an analytical framework that can comprehend how and to what extent the interaction of institutions, industries, and enterprises has contributed to the decline of US ... More


Competing by Design: The Power of Organizational Architecture

David A. Nadler and Michael L. Tushman

Published in print:
1997
Published Online:
October 2011
ISBN:
9780195099171
eISBN:
9780199854868
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195099171.001.0001
Subject:
Business and Management, Organization Studies

If the defining goal of modern-day business can be isolated to just one item, it would be the search for competitive advantage. Competition is more intense than ever—technological innovation, ... More


No Free Lunches

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0009
Subject:
Economics and Finance, Microeconomics

Discussing the irrelevance of corporate finance to firm valuation, this chapter provides support for the assertion that the profitability of a business can only be the result of its underlying ... More


Corporate Strategy and Systems Integration Capabilities: Managing Networks in Complex Systems Industries

Andrea Prencipe

in The Business of Systems Integration

Published in print:
2005
Published Online:
September 2007
ISBN:
9780199263233
eISBN:
9780191718847
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199263233.003.0007
Subject:
Business and Management, Strategy

This chapter identifies two analytical categories of systems integration in multi-technology multi-component products, namely synchronic and diachronic. Synchronic systems integration refers to the ... More


Markets

John Kay

in Foundations of Corporate Success: How Business Strategies Add Value

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289883
eISBN:
9780191718205
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019828988X.003.0009
Subject:
Economics and Finance, Microeconomics

For firms to turn their distinctive capabilities to competitive advantage, they must choose the appropriate markets in terms of both product and geographic dimensions. The choice of markets must make ... More


Competition, competitive advantage, and clusters: the ideas of Michael Porter

Robert Huggins and Hiro Izushi

in Competition, Competitive Advantage, and Clusters: The Ideas of Michael Porter

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199578030
eISBN:
9780191724923
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578030.003.0001
Subject:
Business and Management, Strategy

This introductory chapter reviews the position and influence of Porter's work in academia and outside; the path of Porter's work; as well as the outlining the book as a whole. Following an overview ... More


Competition, Competitive Advantage, and Clusters: The Ideas of Michael Porter

Robert Huggins and Hiro Izushi (eds)

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199578030
eISBN:
9780191724923
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578030.001.0001
Subject:
Business and Management, Strategy

Harvard professor, Michael Porter has been one of the most influential figures in strategic management research over the last three decades. He infused a rigorous theoretical framework of industrial ... More


The strategic management framework: a methodological and epistemological examination

Omar Aktouf, Miloud Chennoufi, and W. David Holford

in Competition, Competitive Advantage, and Clusters: The Ideas of Michael Porter

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199578030
eISBN:
9780191724923
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578030.003.0005
Subject:
Business and Management, Strategy

This chapter suggests that while Porter's work is the basis of a systematic approach to strategy, it in no way guarantees the scientific rigor he claims. It offers a two-fold critique concerning the ... More


Introduction

Michael Hobday, Andrea Prencipe, and Andrew Davies

in The Business of Systems Integration

Published in print:
2005
Published Online:
September 2007
ISBN:
9780199263233
eISBN:
9780191718847
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199263233.003.0001
Subject:
Business and Management, Strategy

This chapter introduces systems integration as the main topic book and then sets the scene for the discussion of the main themes presented in the book such as modularity, technology, the theory of ... More


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