Competitive advantage: Logical and philosophical considerations

成果类型:
Article
署名作者:
Powell, TC
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.173
发表日期:
2001
页码:
875-888
关键词:
COMPETITIVE ADVANTAGE PHILOSOPHY logic epistemology resource-based view
摘要:
Strategic management theories invoke the concept of competitive advantage to explain firm performance, and empirical research investigates competitive advantage and describes how it operates. But as a performance hypothesis, competitive advantage has received surprisingly little formal justification, particularly in light of its centrality in strategy research and practice. As it happens, the core hypothesis-that competitive advantage produces sustained superior performance-finds little support informal deductive or inductive inference, and the leading theories of competitive advantage incorporate refutation barriers that preclude meaningful empirical tests. This article explores the logical and philosophical foundations of the competitive advantage hypothesis, locating its philosophical foundations in the epistemologies of Bayesian induction, abductive inference and an instrumentalist, pragmatic philosophy of science. Copyright (C) 2001 John Wiley & Sons, Ltd.