title: Strategic Competitive Advantage: Resource and Institutional Approach
metadata.name: dc.contributor.author
metadata.value: Obydenov, Alexander Yu.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2016-08-17T10:05:23Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2016-08-17T10:05:23Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2016-03
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/2605
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article presents the multilevel model developed to describe the mechanisms of providing the
  firm with strategic competitive advantage. The author suggests the original two-dimensional approach
  to define competitive advantage and to analyze the mechanisms of its development. The
  technique of separating equilibrium is applied in order to find out conditions of sustainable competitive
  advantage. Within this framework the borders of variation of economic rent are clarified
  and the necessity of asymmetry in the transaction-specific investment costs between the firm and
  its competitors is proved. Then the fundamental sources of such asymmetry are reviewed and the
  importance of separating signaling about the properties of products to ensure the sustainable competitive
  advantage is analyzed. The author demonstrates also the benefits of applying the hostage
  mechanism in order to ensure the continuity and efficiency of transaction designed to provide
  competitive advantage. Finally, some considerations of the relational contract between owners of
  specific assets as a governance mechanism of such a transaction are suggested.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Management Journal;Vol. 14; Issue 1
metadata.lang: -
metadata.name: dc.subject
metadata.value: strategic management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: competitive advantage
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: resource-based approach
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: economic theory of the contract
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: new institutional economics
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Strategic Competitive Advantage: Resource and Institutional Approach
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: Obydenov.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/2605/1/Obydenov.pdf
resources.format: Adobe PDF
resources.size: 433,27 kB