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Nokia

Nokia

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Published by Gitanjali Bagga

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Published by: Gitanjali Bagga on Nov 20, 2012
Copyright:Attribution Non-commercial

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12/04/2012

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Resource BasedViewCompetitiveAdvantage SustainedCompetitiveAdvantage Achieved
 
Firm are bundles of resourcesHeterogeneously distributedResource differences persist over time
SustainableCompetitiveAdvantage
ValuableRare InimitableNonsubstitutable
 
RBV has not able to explain why and how certain firms havecompetitive advantage in rapid and unpredictablesituations
Here Dynamic Capabilities by which firms integrate, buildand reconfigure internal and external competenciesbecomes source of sustained competitive advantage.
Dynamic capabilities are processes embedded in the firm
 –
Product development, alliancing and strategic decision making
Exhibit commonalities across firms-
”best practices”
 
 –
Equifinality, homogeneity and substitutability
When markets are moderately dynamic-resembletraditional conception of routine and when markets are

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