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Revisiting the logical and research considerations of competitive advantage

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  • Richard J. Arend

Abstract

This commentary addresses the main points made in the recent article by T. C. Powell on the logical and philosophical flaws in the main thesis of strategy research. Each one of Powell's three points is refutable. The main thesis of strategy research retains logical causation given a reasonable definition of the main explanatory variable. Strategy theory is falsifiable when the implied assumptions of the theory are exploited and the endogeneity of its explanatory variables is considered. The characterization of strategy research as pragmatic instrumentalism void of progress to the objective truth is a proposition without any logical or empirical support. Copyright © 2003 John Wiley & Sons, Ltd.

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  • Richard J. Arend, 2003. "Revisiting the logical and research considerations of competitive advantage," Strategic Management Journal, Wiley Blackwell, vol. 24(3), pages 279-284, March.
    • Handle: RePEc:bla:stratm:v:24:y:2003:i:3:p:279-284
    DOI: 10.1002/smj.285
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    Cited by:

    1. Ammar Y. Alqahtani, 2022. "Investigation of startups’ sustainability: empirical evidence from Saudi Arabia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 107-131, September.
    2. Stoel, M. Dale & Muhanna, Waleed A., 2011. "IT internal control weaknesses and firm performance: An organizational liability lens," International Journal of Accounting Information Systems, Elsevier, vol. 12(4), pages 280-304.
    3. Perren, Lew, 2013. "Strategic discourses of ‘competitive advantage’: Comparing social representation of causation in academia and practice," Scandinavian Journal of Management, Elsevier, vol. 29(3), pages 235-246.
    4. Canhoto, Ana Isabel & Clear, Fintan, 2020. "Artificial intelligence and machine learning as business tools: A framework for diagnosing value destruction potential," Business Horizons, Elsevier, vol. 63(2), pages 183-193.

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