Firm Capabilities, Business strategies, Customer Preferences, and Hypercompetitive Arenas: The Sustainability of Competitive Advantages with Implications for Firm Competitiveness
Department
Management and Entrepreneurship
Document Type
Article
Publication Date
2000
Abstract
Abstract Matching Porter's (1980) three generic strategies appropriately in each of the four arenas of hypercompetition is proposed to offer temporary competitive advantages. The longer-term sustainability of these competitive advantages is argued to depend on matching the firm's resources/capabilities with the provision of customer value and needs, as well as the presence of isolating mechanisms in the industry/market environment. Stringing together a series of such ephemeral advantages can enhance the firm's competitiveness in the long-run.
Journal Title
Competitiveness Review
Journal ISSN
1059-5422
Volume
10
Issue
1
First Page
56
Last Page
82
Digital Object Identifier (DOI)
10.1108/eb046389
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