Strategy As Action: Competitive Dynamics and Competitive Advantage

Hardcover | August 12, 2005

byCurtis M. Grimm, Hun Lee, Ken G. Smith

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Strategy as Action presents an action plan for how firms can build, improve, and defend their competitive advantage at every stage of their life cycle. For start-up firms entering a market, it provides a model for exploiting competitive uncertainty and blind spots; for growth firms who haveestablished some market advantages, it provides an action plan for exploiting relative resources; for mature firms, it explains how to exploit market position; finally, for firms that have no decisive resource advantage, it provides an action plan based on firm co-operative reactions.

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Strategy as Action presents an action plan for how firms can build, improve, and defend their competitive advantage at every stage of their life cycle. For start-up firms entering a market, it provides a model for exploiting competitive uncertainty and blind spots; for growth firms who haveestablished some market advantages, it provide...

Curtis M. Grimm is at University of Maryland. Hun Lee is at George Mason University.
Format:HardcoverDimensions:288 pages, 6.42 × 9.29 × 0.98 inPublished:August 12, 2005Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195161440

ISBN - 13:9780195161441

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Table of Contents

Part I. The New Competitive Advantage1. Disruptive Competition: Intensifying Actions and Reactions in the Twenty-First CenturyPart II. Strategic Paradigms of Competitive Advantage2. Economic Theories of Competition and Competitive Advantage: Neoclassical, Industrial Organization Economics, Game Theory, Schumpeterian, and Evolutionary Economics3. Knowing Your Relative Market Position4. Knowing Your Relative Resource PositionPart III. Action-Based Dynamic Model of Competitive Advantage5. An Action-Reaction Framework for Building Competitive Advantage6. Avoiding Rivals with Entrepreneurial Actions: Exploiting Competitive Uncertainty and Blind Spots7. Engaging Rivals with Ricardian Actions: Exploiting Ownership of Superior Resources8. Defending against Rivals as a Dominant Firm: The Role of Deterrent Actions9. Winning the Peace10. Using the Action Model: Predicting the Behavior of Rivals11. Strategy as Action: Integration and Evolution of Resource PositionsNotesIndex