Examines the concept "strategic factor markets"--a market where the resources necessary to implement a strategy are acquired. A framework based on the notion of asset stock accumulation is established and guidelines for assessing the sustainability of a firm's competitive advantage are...

Die Konvergenz in der Fernsehproduktionstechnik führt zu einem Modernisierungsschub im Rundfunk. Zur Erschließung dadurch ermöglichter Produktivitätsgewinne haben erste Innovatoren unter den öffentlich-rechtlichen Rundfunkanstalten die Fernsehproduktion budgetiert. Aus der Perspektive des...

A firm's strategy typically is defined in terms of its position in the industry or landscape that operates in and the competitive advantage of the firm on that landscape. This competitive advantage, in turn, derives from a combination of assets (what the firm owns) and capabilities (how the firm...