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Foundations of Corporate SuccessHow Business Strategies Add Value$
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John Kay

Print publication date: 1995

Print ISBN-13: 9780198289883

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/019828988X.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 21 October 2020

The Nation

The Nation

(p.320) Chapter 20 The Nation
Foundations of Corporate Success

John Kay (Contributor Webpage)

Oxford University Press

Explains the relation between competitive advantage in the firm and competitive advantage in the national economy. In the context of a free market system, the former can lead to the other, given that inequality of information, externalities, and the existence of natural or strategic monopolies are absent. The basic sources of competitive advantage of nations are similar to the sources of competitive advantage for firms, i.e. sustainable and appropriate distinctive capabilities of architecture reputation and innovation.

Keywords:   appropriability, architecture, competitive advantage, distinctive capabilities, innovation, national economy, reputation, sustainability

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