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Time as a Competitive Advantage

In: The Limits of Business Development and Economic Growth

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  • Mats Larsson

Abstract

For reasons that we will soon understand, one of the most important tools used to improve competitive advantage in the 1990s has been the concept of ‘time compression’ and a number of related concepts that could be seen as elaborations and extensions of the basic theme. Even if the pursuit of operational efficiency has been going on since the beginning of industrialization, it was previously not focused on to the same extent. In the early 1990s western industry realized that a number of Japanese companies had created substantial advantages in terms of efficiency.

Suggested Citation

  • Mats Larsson, 2004. "Time as a Competitive Advantage," Palgrave Macmillan Books, in: The Limits of Business Development and Economic Growth, chapter 3, pages 38-48, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51143-9_4
    DOI: 10.1057/9780230511439_4
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