The Competitive Advantage Period and the Industry Advantage Period Assessing the Sustainability and Determinants of Superior Economic Performance /

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...

Full description

Bibliographic Details
Main Author: Fritz, Thomas (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: Wiesbaden : Gabler, 2009.
Subjects:
Online Access:Full Text via HEAL-Link
LEADER 03077nam a22004335i 4500
001 978-3-8349-8103-5
003 DE-He213
005 20151204160230.0
007 cr nn 008mamaa
008 100301s2009 gw | s |||| 0|eng d
020 |a 9783834981035  |9 978-3-8349-8103-5 
024 7 |a 10.1007/978-3-8349-8103-5  |2 doi 
040 |d GrThAP 
050 4 |a HD28-70 
072 7 |a KJC  |2 bicssc 
072 7 |a BUS041000  |2 bisacsh 
082 0 4 |a 658.4092  |2 23 
100 1 |a Fritz, Thomas.  |e author. 
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. 
264 1 |a Wiesbaden :  |b Gabler,  |c 2009. 
300 |a XV, 173 p.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
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 Business. 
650 0 |a Management. 
650 0 |a Leadership. 
650 1 4 |a Business and Management. 
650 2 4 |a Business Strategy/Leadership. 
650 2 4 |a Management. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783834911384 
856 4 0 |u http://dx.doi.org/10.1007/978-3-8349-8103-5  |z Full Text via HEAL-Link 
912 |a ZDB-2-SBE 
950 |a Business and Economics (Springer-11643)