The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm
The paper presents the most important conceptions of achieving a company’s competitive advantage: Porter’s five forces model based on the SCP paradigm; the conception of strategic conflict, which uses the tools of game theory; resource-based perspective, which emphasizes the distinctive resources an...
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Format: | Article |
Language: | English |
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WSB University in Torun
2014-12-01
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Series: | Torun Business Review |
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Online Access: | https://tbr.wsb.torun.pl/index.php/journal/article/view/273 |
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author | Ilona Penc-Pietrzak |
author_facet | Ilona Penc-Pietrzak |
author_sort | Ilona Penc-Pietrzak |
collection | DOAJ |
description | The paper presents the most important conceptions of achieving a company’s competitive advantage: Porter’s five forces model based on the SCP paradigm; the conception of strategic conflict, which uses the tools of game theory; resource-based perspective, which emphasizes the distinctive resources and skills of a company and the dynamic capabilities approach, which is very useful in turbulent environment. The last conception is correctly treated as the new management paradigm. |
first_indexed | 2024-12-23T10:01:45Z |
format | Article |
id | doaj.art-3077bc47f3a34b24889e2ff8231e916f |
institution | Directory Open Access Journal |
issn | 1643-8175 2451-0955 |
language | English |
last_indexed | 2024-12-23T10:01:45Z |
publishDate | 2014-12-01 |
publisher | WSB University in Torun |
record_format | Article |
series | Torun Business Review |
spelling | doaj.art-3077bc47f3a34b24889e2ff8231e916f2022-12-21T17:51:11ZengWSB University in TorunTorun Business Review1643-81752451-09552014-12-011313221238215The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigmIlona Penc-Pietrzak0Politechnika Łódzka Żeromskiego 116 90-924 ŁódźThe paper presents the most important conceptions of achieving a company’s competitive advantage: Porter’s five forces model based on the SCP paradigm; the conception of strategic conflict, which uses the tools of game theory; resource-based perspective, which emphasizes the distinctive resources and skills of a company and the dynamic capabilities approach, which is very useful in turbulent environment. The last conception is correctly treated as the new management paradigm.https://tbr.wsb.torun.pl/index.php/journal/article/view/273dynamic capabilities, competitive advantage, dynamic environment, hypercompetition, SCP Paradigm |
spellingShingle | Ilona Penc-Pietrzak The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm Torun Business Review dynamic capabilities, competitive advantage, dynamic environment, hypercompetition, SCP Paradigm |
title | The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
title_full | The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
title_fullStr | The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
title_full_unstemmed | The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
title_short | The influence of company’s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
title_sort | influence of company s dynamic capabilities on achieving a competitive advantage as the new management paradigm |
topic | dynamic capabilities, competitive advantage, dynamic environment, hypercompetition, SCP Paradigm |
url | https://tbr.wsb.torun.pl/index.php/journal/article/view/273 |
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