Competitive Advantage and Its Conceptual Development

Business Information Review, 2009, Vol. 26, No. 2, pp. 93-111, 2008

21 Pages Posted: 3 Mar 2010

See all articles by Maurice Yolles

Maurice Yolles

John Moores University - Centre for the Creation of Coherent Change and Knowledge (C4K)

Date Written: 2008

Abstract

This paper is interested in exploring the competitive advantage of businesses. Current understanding of competitive advantage arises from the strategic management paradigm. However, the early theory that underpins this comes from optimising economic theory, the inadequacy of which led to the resource-based view. The next development came from knowledge management, which sees knowledge as a valuable strategic resource recognising the need to look more inside the organisation qualitatively. However, a new paradigm has arisen that couples knowledge processes with cybernetics. This recognises that achieving competitive advantage requires that an organisation’s pathologies must be recognised and addressed.

Keywords: strategic management, competitive advantage, economic theory, knowledge management, cybernetics, viable systems theory

Suggested Citation

Yolles, Maurice, Competitive Advantage and Its Conceptual Development (2008). Business Information Review, 2009, Vol. 26, No. 2, pp. 93-111, 2008. Available at SSRN: https://ssrn.com/abstract=1442604 or http://dx.doi.org/10.2139/ssrn.1442604

Maurice Yolles (Contact Author)

John Moores University - Centre for the Creation of Coherent Change and Knowledge (C4K) ( email )

Liverpool John Moores University
Liverpool
United Kingdom

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