The DOI matches its Crossref record; 88 of the 88 references it cites were found in a registry or an index.
Competitive advantage: logical and philosophical considerations
Open accessAbstract
Strategic management theories invoke the concept of competitive advantage to explain firm performance, and empirical research investigates competitive advantage and describes how it operates. But as a performance hypothesis, competitive advantage has received surprisingly little formal justification, particularly in light of its centrality in strategy research and practice. As it happens, the core hypothesis—that competitive advantage produces sustained superior performance—finds little support in formal deductive or inductive inference, and the leading theories of competitive advantage incorporate refutation barriers that preclude meaningful empirical tests. This article explores the logical and philosophical foundations of the competitive advantage hypothesis, locating its philosophical foundations in the epistemologies of Bayesian induction, abductive inference and an instrumentalist, pragmatic philosophy of science. Copyright © 2001 John Wiley & Sons, Ltd.
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Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Firm resources and sustained competitive advantage
Barney, J. B. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17018-4 · Cited by 38,152
The Structure of Scientific Revolutions
Kuhn, T. S., & Schlegel, R. (1963) · Physics Today · doi:10.1063/1.3050879 · Cited by 35,538
A resource‐based view of the firm
Wernerfelt, B. (1984) · Strategic Management Journal · doi:10.1002/smj.4250050207 · Cited by 25,635
The cornerstones of competitive advantage: A resource‐based view
Peteraf, M. A. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140303 · Cited by 10,716
The resource-based theory of competitive advantage: Implications for strategy formulation
Grant, R. M. (1991) · California Management Review · doi:10.2307/41166664 · Cited by 9,699
Strategic assets and organizational rent
Amit, R., & Schoemaker, P. J. H. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140105 · Cited by 8,425
Asset Stock Accumulation and Sustainability of Competitive Advantage
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The Logic of Scientific Discovery.
Hutchison, T. W., & Popper, K. R. (1959) · Economica · doi:10.2307/2550489 · Cited by 7,499
The Structure of Scientific Revolutions
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Cited by
Managing Firm Resources in Dynamic Environments to Create Value: Looking Inside the Black Box
Sirmon, D. G., Hitt, M. A., & Ireland, R. D. (2007) · Academy of Management Review · doi:10.5465/amr.2007.23466005 · Cited by 3,701
Newbert, S. L. (2007) · Strategic Management Journal · doi:10.1002/smj.573 · Cited by 2,053
The Resource-Based View: A Review and Assessment of Its Critiques
Kraaijenbrink, J., Spender, J.-C., & Groen, A. J. (2010) · Journal of Management · doi:10.1177/0149206309350775 · Cited by 1,632
Newbert, S. L. (2008) · Strategic Management Journal · doi:10.1002/smj.686 · Cited by 1,013
Naidoo, V. (2010) · Industrial Marketing Management · doi:10.1016/j.indmarman.2010.02.005 · Cited by 525
Metadata
- Authors
- Powell, T. C.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2001-07-31
- Volume
- 22
- Issue
- 9
- Pages
- 875-888
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2065837485
- Cited by
- 705
- References
- 88
- FWCI
- 38.06
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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