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On the origins of competitive advantage: strategic factor markets and heterogeneous resource complementarity

Strategic factor market theory suggests that, excluding luck, superior expectations are necessary for firms to appropriate gains from valuable resources. I argue that this is only true in the absence of heterogeneous resource complementarity. Extending factor market theory, I show that firms can profit when they exhibit superior complementarity to target resources, and I determine the components of appropriated value in such markets. I thus demonstrate the power and simplicity of coalitional analysis while shedding light on central issues in strategic management..Printed journal

Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit Academy of Management.,
Edisi -
Subjek Strategic management
Competitive advantage
Game theory
Market research
studies
ISBN/ISSN 3637425
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
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