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

Additional URL

https://doi.org/10.1093/acprof:oso/9780199578030.003.0004

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