Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/110614 
Year of Publication: 
2015
Series/Report no.: 
Research Papers on Innovation, Services and Technology No. 1/2015
Publisher: 
Universität Stuttgart, Betriebswirtschaftliches Institut, Abteilung I - Forschungs-, Entwicklungs- und Innovationsmanagement, Stuttgart
Abstract: 
Sustainable competitive advantage (SCA) is a central tenet in strategic management theory. The effect of regulation on sustaining competitive advantages is widely neglected in literature. The impact on competence development and SCA of the firm can be significant, if regulatory requirements and regulatory prohibitions as types of specific industry regulation are considered. In arguing that resource-based theory can be modeled analogous to complex system theory, the effect of regulation on competence development and SCA is illustrated. In explaining the effect of regulation on competence development and SCA, the paper contributes to close a gap in one of the central assumptions of attaining SCA resource-based theory.
Subjects: 
strategic management
resource-based theory
sustainable competitive advantage
competence development
regulation
open system
Document Type: 
Working Paper

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