Persistent Superior Economic Performance, Sustainable Competitive Advantage, and Schumpeterian Innovation:: Leading Established Computer Firms, 1954-2000

Marc Baaij (), Mark Greeven and Jan Van Dalen

European Management Journal, 2004, vol. 22, issue 5, 517-531

Abstract: Sustainable competitive advantage is a key concept in strategy practice and research, not least because of its intended result of persistent superior economic performance. Previous research revealed that persistent superior performance is very rare. Also, theory predicts that Schumpeterian innovation will erode sustainable competitive advantage and thus prevent leading established firms attain persistent superior economic performance. This study of Fortune Global 500 computer firms, active in a dynamic industry with widely acknowledged Schumpeterian innovations, found a relatively high ratio of firms achieving persistent superior economic performance.

Keywords: Firm; profitability; Performance; stratification; Sustainable; competitive; advantage; Schumpeterian; innovation (search for similar items in EconPapers)
Date: 2004
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