Influence of Stakeholder Management on Appropriation of Competitive Advantage
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 6
Abstract
Among the large number of studies on competitive advantage, there are distinctive research streams based on different units of analysis which thus display various emphases. Although scholars have distinctive views on the concept of competitive advantage, which are seemingly diverse and confusing, there exists common ground for the three major research streams of Activity position view; Resourced based view and Relational view. Research on competitive advantage can be summarized as having three common issues: • How value is created (source) • How value is protected (durability) • How value is captured (appropriation) The three issues are quite similar to the three streams of competitive advantage. However, using the notion of value has several advantages instead of discussing competitive advantage directly. First, value is a clearer term than competitive advantage and is, thereby, a solution to the problem of vagueness. Second, value is related to the source, durability and appropriation. Third, value can be a foundation that integrates different research streams.
Authors and Affiliations
Abigail Asalu, Emmanuel Asamoah Phd
Keywords
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