The Sources and Dimensions of Competitive Advantage

5 important questions on The Sources and Dimensions of Competitive Advantage

How do you call something a firm possesses over its direct competitors when it earns a persistently higher rate of profit?

Competitive advantage

How do you call the discovery or creation of uncontested market space?

Blue ocean strategy

How do you call barriers that protect the competitive advantage of firms from imitative competition?

Isolating mechanisms
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How do you call the difficulty facing any observer of diagnosing the sources of the competitive advantage of a firm with superior performance?

Causal ambiguity

How do you call the relationship between unit costs and accumulated production?

Experience curve

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