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Competitive Advantage

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  • Mai, Nhat Chi

Abstract

In business, a competitive advantage is an attribute that allows an organization to outperform its competitors. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology.

Suggested Citation

  • Mai, Nhat Chi, 2022. "Competitive Advantage," OSF Preprints fcsj8, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:fcsj8
    DOI: 10.31219/osf.io/fcsj8
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    References listed on IDEAS

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    1. Thomas C. Powell, 2001. "Competitive advantage: logical and philosophical considerations," Strategic Management Journal, Wiley Blackwell, vol. 22(9), pages 875-888, September.
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    4. Alexander, Allen T. & Martin, Dominique Philippe, 2013. "Intermediaries for open innovation: A competence-based comparison of knowledge transfer offices practices," Technological Forecasting and Social Change, Elsevier, vol. 80(1), pages 38-49.
    5. Peter Johnson & Nicolai J. Foss, 2016. "Optimal Strategy and Business Models: A Control Theory Approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 37(8), pages 515-529, December.
    6. Aaker, David A. & Shansby, J. Gary, 1982. "Positioning your product," Business Horizons, Elsevier, vol. 25(3), pages 56-62.
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