Heterogeneity of performance, its causes and the concept of competitive advantage: the proposal of a metric
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Abstract
Opposite to what could be expected from the neoclassical economic theory, firms' performances present a wide heterogeneity. The strategy research tradition has concerned itself with the understanding, explanation and prediction of this heterogeneity. Competitive advantage is a fundamental concept in this effort. This research draws from previous studies on performance variance components to suggest an operational definition of the competitive advantage concept and a metric to measure it. The proposal is illustrated by an empirical study on results of 252 Brazilian companies from 1998 to 2001.
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How to Cite
Brito, L. A. L., & Vasconcelos, F. C. de. (1). Heterogeneity of performance, its causes and the concept of competitive advantage: the proposal of a metric. Journal of Contemporary Administration, 8(spe), 107-129. https://doi.org/10.1590/S1415-65552004000500007
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