Sustainable competitive advantage: towards a dynamic resource‐based strategy
Kazem Chaharbaghi
(East London Business School, University of East London, UK)
Richard Lynch
(East London Business School, University of East London, UK)
15988
Abstract
This paper introduces the concept of strategic advantage and distinguishes it from competitive advantage. This concept helps to explain the full nature of sustainable competitive advantage through uncovering the dynamics of resource‐based strategy. A new classification of resources emerges, demonstrating that rents are more relevant than profits in the analysis of sustainable competitive advantage.
Keywords
Citation
Chaharbaghi, K. and Lynch, R. (1999), "Sustainable competitive advantage: towards a dynamic resource‐based strategy", Management Decision, Vol. 37 No. 1, pp. 45-50. https://doi.org/10.1108/00251749910252012
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited