The Competitive Advantage Period and the Industry Advantage Period [electronic resource] Assessing the Sustainability and Determinants of Superior Economic Performance / by Thomas Fritz.
Competitive advantages and superior performance can be interpreted as two sides of the same coin. With respect to management research, the first is mainly driven by strategic management whereas the second is a focal point in financial management. At the same time, industrial organization economics h...
| Main Author: | |
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| Corporate Author: | |
| Language: | English |
| Published: |
Wiesbaden :
Gabler Verlag : Imprint: Gabler Verlag,
2009.
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| Edition: | 1st ed. 2009. |
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| Online Access: | |
| Variant Title: |
The Competitive Advantage Period and the Industry Advantage Period: Assessing the Sustainability and Determinants of Superior Economic Performance |
| Format: | Electronic eBook |
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| 100 | 1 | |a Fritz, Thomas. |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 4 | |a The Competitive Advantage Period and the Industry Advantage Period |h [electronic resource] |b Assessing the Sustainability and Determinants of Superior Economic Performance / |c by Thomas Fritz. |
| 246 | 2 | |a The Competitive Advantage Period and the Industry Advantage Period: Assessing the Sustainability and Determinants of Superior Economic Performance | |
| 250 | |a 1st ed. 2009. | ||
| 264 | 1 | |a Wiesbaden : |b Gabler Verlag : |b Imprint: Gabler Verlag, |c 2009. | |
| 505 | 0 | |a Past Empirical Research on the Creation of Superior Economic Performance — A Narrative and Meta-Analytic Review of Industry- and Firm-level Influences -- The Concept and Empirical Measurement of the Competitive Advantage Period and the Industry Advantage Period — A Kolmogorov-Smirnov Approach -- Determinants of the Competitive Advantage Period and the Industry Advantage Period — Analyzing Intra- and Inter-Industry Performance Influences -- Conclusion. | |
| 520 | |a Competitive advantages and superior performance can be interpreted as two sides of the same coin. With respect to management research, the first is mainly driven by strategic management whereas the second is a focal point in financial management. At the same time, industrial organization economics highlights the importance of industry characteristics to explain profit differences. Thomas Fritz presents a comprehensive review of empirical research on the creation of superior economic performance. He quantifies the competitive advantage period (CAP) and the industry advantage period (IAP) and determines the concrete sustainability of significant intra- and inter-industry performance differences. Based on the results for the CAP and IAP calculated for a sample of 6,385 firms from 99 industries between 1980 and 2005, the author tests determinants that affect the sustainability of intra- and inter-industry performance differences. He shows that a certain sustainability of both competitive advantages and industry advantages is achieved. Finally, he identifies general as well as industry specific levers which increase the sustainability of competitive advantages. | ||
| 650 | 0 | |a Strategic planning. | |
| 650 | 0 | |a Leadership. | |
| 650 | 0 | |a Management. | |
| 710 | 2 | |a SpringerLink (Online service) | |
| 773 | 0 | |t Springer English/International eBooks 2009 - Full Set |d Springer Nature | |
| 776 | 0 | 8 | |i Printed edition: |z 9783834911384 |
| 776 | 1 | |t The Competitive Advantage Period and the Industry Advantage Period | |
| 856 | 4 | 0 | |y Access Content Online(from Springer English/International eBooks 2009 - Full Set) |u https://ezproxy.msu.edu/login?url=https://link.springer.com/10.1007/978-3-8349-8103-5 |z Springer English/International eBooks 2009 - Full Set: 2009 |