Competitive advantages exist: a critique of Powell

Deskripsi

In a 2001 paper, T. Powell provided logical and philosophical considerations on competitive advantage. Powell investigated whether competitive advantage is a legitimate scientific concept. In a response to Powell's research, it is shown that: 1. Logically, the conjunction of competitive advantage and a capable organization is sufficient and necessary to lead to superior returns. 2. Alternative interpretations of the philosophers cited by Powell exist. 3. There is no necessity to adopt Powell's pragmatic view of competitive advantage, and there is room for more positivist research on the relationships between competitive advantage, organization and superior returns..Printed Journal