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Business/Investing The Competitive Advantage Period and the Industry Advantage Period

Posted on 2010-03-15

Name:	Business/Investing The Competitive Advantage Period and the Industry Advantage Period
ASIN/ISBN:	3834911380
Language:	English
File size:	1 Mb
Publish Date:	2008-10-31
ISBN:	3834911380
Pages:	173 pages
File Type:	PDF
File Size:	1 MB
Other Info:	Gabler

Business/Investing The Competitive Advantage Period and the Industry Advantage Period

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Thomas Fritz, “The Competitive Advantage Period and the Industry Advantage Period”

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 periods (IAP) and determines the concrete sustainability of significant intra- and inter-industry performance differences.

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