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Competitive advantage

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  • AISDL, Mindsponge

Abstract

In business, a competitive advantage is the 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

  • AISDL, Mindsponge, 2022. "Competitive advantage," OSF Preprints h2fp6, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:h2fp6
    DOI: 10.31219/osf.io/h2fp6
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    References listed on IDEAS

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    1. 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.
    2. Aaker, David A. & Shansby, J. Gary, 1982. "Positioning your product," Business Horizons, Elsevier, vol. 25(3), pages 56-62.
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