Semantic Scholar Open Access 2011 374 sitasi

Untangling the origins of competitive advantage

I. Cockburn R. Henderson Scott Stern

Abstrak

This paper begins to reconcile competing perspectives on the origins of competitive advantage by examining the adoption of ‘science-driven’ drug discovery, a performance-enhancing organizational practice. Science-driven drug discovery diffused slowly, allowing us to disentangle alternative theories of organizational heterogeneity. Adoption is driven by initial conditions, time-varying internal and external environmental conditions, and convergence (firms positioned least favorably adopt most aggressively). While accounting for initial conditions is critical, managers are sensitive to idiosyncratic environmental cues. The origins of competitive advantage may therefore lie in the ability to identify and respond to environmental cues well in advance of observing performance-oriented pay-offs. Copyright © 2000 John Wiley & Sons, Ltd.

Topik & Kata Kunci

Penulis (3)

I

I. Cockburn

R

R. Henderson

S

Scott Stern

Format Sitasi

Cockburn, I., Henderson, R., Stern, S. (2011). Untangling the origins of competitive advantage. https://doi.org/10.1002/1097-0266(200010/11)21:10/11<1123::aid-smj130>3.0.co;2-r

Akses Cepat

Informasi Jurnal
Tahun Terbit
2011
Bahasa
en
Total Sitasi
374×
Sumber Database
Semantic Scholar
DOI
10.1002/1097-0266(200010/11)21:10/11<1123::aid-smj130>3.0.co;2-r
Akses
Open Access ✓