Antecedents and precedents to Porter's Competitive Strategy
Publication Type
Book Chapter
Publication Date
2-2011
Abstract
This explores the influence IO economics has exerted on the theoretical and methodological frameworks of strategic management research, highlighting the significance of Porter's work in furthering its development. Applying the structure-conduct-performance framework of IO economics, Porter built a foundation for research on competitive dynamics: a description of the forces that determine the nature and level of competition in an industry, as well as suggestions for how to use this information to develop competitive advantage. The chapter shows that strategic management has evolved into a firmly established field in the study of business and organizations, advancing from its ‘humble’ beginnings as the limited content of a capstone general management course in the business school curriculum.
Keywords
Competitive advantage, Competitive strategy, Industrial organization, Michael Porter, Structure-conduct performance
Discipline
Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Competition, competitive advantage, and clusters: The ideas of Michael Porter
Editor
R. Huggins, & H. Izushi
First Page
57
Last Page
74
ISBN
9780199578030
Identifier
10.1093/acprof:oso/9780199578030.003.0004
Publisher
Oxford University Press
City or Country
Oxford
Citation
HOSKISSON, Robert E.; HITT, Michael A.; WAN, William P.; and YIU, Daphne W..
Antecedents and precedents to Porter's Competitive Strategy. (2011). Competition, competitive advantage, and clusters: The ideas of Michael Porter. 57-74.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/7311
Additional URL
https://doi.org/10.1093/acprof:oso/9780199578030.003.0004