Creating and Sustaining Competitive Advantage

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Creating and Sustaining Competitive Advantage

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dc.contributor.author Lage Hansen, Jakob
dc.date.accessioned 2010-07-02
dc.date.accessioned 2010-07-02T12:20:12Z
dc.date.available 2010-07-02T12:20:12Z
dc.date.issued 2010-07-02
dc.identifier.uri http://hdl.handle.net/10398/8133
dc.description.abstract The paper provides a general framework for examining how governance choice affects competitive advantage. I argue that firms rely on assets for competing, and that these assets can be accessed by different governance structures (i.e., they can be in- or outsourced). The transaction cost economics framework is used to expose strengths and weaknesses of governance structures with respect to creating and sustaining competitive advantage. The result is a tradeoff to consider when choosing how to access an asset. A number of implications are forwarded, and the usefulness of the framework is demonstrated by means of an application to the famous General Motors - Fisher Body case. This points to the potential of using transaction cost economics in the analysis of competitive strategy, as well as to the shortcomings of the existing transaction cost economics framework in explaining governance choice. The framework also represents a way to integrate transaction cost economics with the resource-based view and industrial organization. 1 en_US
dc.format.extent 37 s. en_US
dc.language eng en_US
dc.publisher Copenhagen Business School en_US
dc.title Creating and Sustaining Competitive Advantage en_US
dc.type wp en_US
dc.accessionstatus modt10jul02 siso en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Innovation og Organisationsøkonomi en_US
dc.contributor.departmentshort INO en_US
dc.contributor.departmentuk Department of Innovation and Organizational Economics en_US
dc.contributor.departmentukshort INO en_US
dc.idnumber x656406215 en_US
dc.publisher.city København en_US
dc.publisher.year 2002 en_US
dc.title.subtitle The Role of Governance Choice en_US


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