In business, a competitive advantage is an attribute that allows an organization to outperform its competitors.
A strategic partnership is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake hand agreements, contractual cooperation's all the way to equity alliances, either the formation of a joint venture or cross-holdings in each other.
Sharon Monica Oster was an American economist. She was the Frederic D. Wolfe Professor Emerita of Management and Entrepreneurship and the dean of Yale School of Management, where she was the first woman to receive tenure, and the first female dean. She was widely known as an economist focusing on business strategy and non-profit organization management.
The resource-based view (RBV), often referred to as the "resource-based view of the firm", is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage.
The knowledge-based theory of the firm, or knowledge-based view (KBV), considers knowledge as an essentially important, scarce, and valuable resource in a firm. According to the knowledge-based theory of the firm, the possession of knowledge-based resources, known as intellectual capital, is essential in dynamic business environments. These resources contribute to lower costs, foster innovation and creativity, improve efficiencies, and deliver customer benefits. Collectively, they are considered key drivers of overall organizational performance. The proponents of the theory argue, that because knowledge-based resources are usually complex and difficult to imitate, different sources of knowledge and intellectual capital can be seen as the main sources for a sustainable competitive advantage.
The Leeds School of Business is a college of the University of Colorado Boulder in the United States, established 1906. As of April 2022, the school reports an enrollment of over 3800 undergraduate students. In 2001, the college was named for the Leeds family, spearheaded by alumnus Michael Leeds of New York, who committed $35 million to the school. Vijay Khatri is the current dean.
In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano and Amy Shuen, in their 1997 paper Dynamic Capabilities and Strategic Management, as the firm’s ability to engage in adapting, integrating, and reconfiguring internal and external organizational skills, resources, and functional competences to match the requirements of a changing environment.
Business partnering is the development of successful, long term, strategic relationships between customers and suppliers, based on achieving best practice and sustainable competitive advantage. The term also refers to a business partnering support service model, where professionals such as HR staff work closely with business leaders and line managers to achieve shared organisational objectives. In practice, the business partner model can be broadened to include members of any business function, for example, Finance, IT, HR, Legal, External Relations, who act as a connector, linking their function with business units to ensure that the technical, or functional, expertise they have to offer is placed within the real and current concerns of the business to create value.
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, and potentially involving values besides simply economic ones.
The Stephen M. Ross School of Business at the University of Michigan is the business school of the University of Michigan, a public research university in Ann Arbor, Michigan.
Shaker A. Zahra is the Robert E. Buuck Chair of Entrepreneurship and professor of strategy and entrepreneurship, Carlson School of Management, University of Minnesota. He is also the academic director of the Gary S. Holmes Entrepreneurship Center.
Boyd Cohen is an urban and climate strategist working in the area of sustainable development and smart cities. Currently he is Dean of Research at EADA Business School and co-founder of IoMob. Cohen received a PhD in Strategy & Entrepreneurship from the University of Colorado (2001). Along with Hunter Lovins, he co-authored Climate Capitalism: Capitalism in the Age of Climate Change in 2011. In recent years, Cohen has become most recognized for his work in smart cities, beginning with his Smart Cities Wheel framework and associated annual rankings of smart cities. In 2016, he published his second book, The Emergence of the Urban Entrepreneur, followed by the publication of his 3rd book, Post-Capitalist Entrepreneurship in 2017.
Jay B. Barney is an American professor in strategic management at the University of Utah.
Cooperative Strategy refers to a planning strategy in which two or more firms work together in order to achieve a common objective. Several companies apply cooperative strategies to increase their profits through cooperation with other companies that stop being competitors.
Giovanni Battista Dagnino is an Italian economist, academic, engaged speaker, and educator. He is the Chair of Management and Professor of Digital Strategy at the Libera Università Maria SS. Assunta University of Rome, where he is Academic Director of LUMSA International Research Center for Artificial Intelligence Management and Founding Director of the MSc Degree in Economics and Management.
Jeffrey Jon Reuer is an American business strategy scholar. He is the Guggenheim Endowed Chair in Strategy and Entrepreneurship at the Leeds School of Business at the University of Colorado-Boulder.
Laura Poppo is an American academic and a researcher who studies strategy and organizations. She holds the Donald and Shirley Clifton Chair in Leadership at the University of Nebraska-Lincoln.
Anil K. Gupta is an American academic specializing in business strategy. He holds the Michael D. Dingman Chair in Strategy, Globalization, and Entrepreneurship at University of Maryland’s Robert H. Smith School of Business.
Hart E. Posen is an academic, researcher, and business analyst. He is a Professor of Strategy and Entrepreneurship at Dartmouth College, Tuck School of Business.
Michael A. Hitt is an American business management scholar, consultant, academic and author. He is a University Distinguished Professor Emeritus at Texas A&M University and a Distinguished Visiting Research Scholar at Texas Tech University.
