Understanding Sustainable Competitive Advantage: The Role of Positioning, Resources and Organisational Capabilities
AbstractThis paper applies the value-based framework (Brandenburger and Stuart 1994) to the strategic management concepts of positioning, resources and organisational capabilities. It observes that each is a discrete level in the analysis of sustainable competitive advantage which can rigorously be interpreted as the determinants of location and speed of movement in value space. It concludes that strategic management will never find the ultimate explanation of competitive advantage because all orders of derivatives of location in value space must be considered when predicting future strategic asymmetries. Pragmatic solutions to this dilemma for strategy formulation purposes are suggested.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Yale School of Management in its series Yale School of Management Working Papers with number ysm43.
Date of creation: 25 Aug 1998
Date of revision:
Find related papers by JEL classification:
- D29 - Microeconomics - - Production and Organizations - - - Other
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.