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Critique on RBV strategies
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Propositions If the open-source software/computer- educated worker prevails worldly wide through Internet/from university, then the business competitive advantage could be massively improved.
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The distinctiveness of resources implicit potential Origins of advantage –High value –High scarcity –High appropriability Sustainability of advantage –Low substitutability –Low imitability –Low mobility
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Sources of achieving Competitive Advantage: explicit performance
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Causality Inner implicit potential vs. outer explicit performance Causal ambiguity? Necessary conditions or sufficient conditions? Industrial demanding factors? Endogenous or exogenous? Success & failure –Natural selection –Self-selection –Adverse selection
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Porter’s reconsideration Managerial choices Drivers Activities/ value system Attractive industry structure Attractive relative position Sustainable competitive advantage Firm success Initial conditions Structural determinants of differences in the cost or buyer value of activities or Groups of activities Longitudinal development process Cross-sectional Competitive process
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