Response to Peter Buckley's Comment on "Fundamental Issues in Strategy"

David J. Teece

Strategic Management Review, 2021, vol. 2, issue 1, 157-162

Abstract: Peter Buckley's comments are of considerable interest and merit. However, they are directed only tangentially to the essence of my paper, which is about important new dimensions of competition, particularly "systemic" competition from China. He suggests that China may have clay feet, and that the West likewise has weaknesses. I certainly agree with the latter, and possibly the former. But we are still left with the questions of whether and how we should rethink basic models of competitive strategy, whether it's Porter's "Five Forces", Rumelt, Barney, Wernerfelt's, "Resource-based approach," or the "Dynamic Capabilities Paradigm" with which I and others are associated. In short, Peter is silent with respect to the new integrated framework I was trying to advance for strategic management scholars. Since no one has hitherto attempted such integration, I had hoped it would catch some attention — and perhaps it eventually will.

Keywords: International business; rule of law; strategic management; systemic competition (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1561/111.00000021 (application/xml)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:now:jnlsmr:111.00000021

Access Statistics for this article

More articles in Strategic Management Review from now publishers
Bibliographic data for series maintained by Lucy Wiseman ().