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Asset stock accumulation and sustainability of competitive advantage
Given incomplete factor markets, appropriate time paths of flow variables must be chosen to build required stocks of assets. That is, critical resources are accumulated rather than acquired in
Strategic Group Formation and Performance: The Case of the U.S. Pharmaceutical Industry, 1963-1982
The focus of this paper is on three major questions: 1 what is the theoretical rationale for the strategic group concept?; 2 does strategic group membership have performance implications?; and 3 are
Asset Stock Accumulation and the Sustainability of Competitive Advantage: Reply
Authors' reply to comments regarding their paper Dierickx, I., K. Cool. 1989. Asset stock accumulation and the sustainability of competitive advantage. Management Sci..
Performance differences among strategic group members
Whether and why members of the same strategic group would experience different performance results has received little attention in previous research, and a theory is developed as to how historical differences among strategic group members may result in performance differences.
Rivalry, Strategic Groups and Firm Profitability
An analysis of the U.S. pharmaceutical industry during the period 1963–82 finds that a substantial decline in industry profitability is not explained by changes in the number and size distribution of
Strategic management in a new framework
The authors analyse the nature of strategy formation in complex organizations and present some tools for improving this critical activity and are confronted with specific management modes, drawn from literature reporting on German and Japanese business practice.
Power and Firm Profitability in Supply Chains: French Manufacturing Industry in 1993
The paper examines the relationships between the power of suppliers and buyers and the profitability of sellers who are situated in supply chains between both sets of firms. A review of the
The competitive implications of the deployment of unique resources
The ‘resource-based’ view focuses on unique resources as the fundamental sources of competitive advantage and superior profits. We use a game-theoretic model to analyze the impact of the deployment
Business strategy, market structure and risk-return relationships: a structural approach
A structural model is proposed which integrates and extends previous findings on the interrelations between risk—return outcomes, market share, firm conduct attributes, and inter-firm rivalry. It is