Astute Competition: The Economics of Strategic Diversity / Edition 1

Astute Competition: The Economics of Strategic Diversity / Edition 1

by Peter Johnson
Pub. Date:
Emerald Group Publishing Limited


View All Available Formats & Editions
Current price is , Original price is $146.99. You
Select a Purchase Option
  • purchase options
    $132.12 $146.99 Save 10% Current price is $132.12, Original price is $146.99. You Save 10%.
  • purchase options
    $99.80 $146.99 Save 32% Current price is $99.8, Original price is $146.99. You Save 32%.
    Note: Access code and/or supplemental material are not guaranteed to be included with textbook rental or used textbook.


Astute Competition: The Economics of Strategic Diversity / Edition 1

The concepts and techniques in this book explain how individually distinct businesses compete against each other within a defined strategic ecosystem. Using matrix methods to describe explicitly the strategic architecture of different business models, the author develops a credible notion of business genomics that anchors (i) the economics of strategic diversity (an area ill addressed by current theories of the firm in traditional economics); and (ii) the integration of the resource-based and market-positioning perspectives on strategy. Astute articulation of a business model confers a competitive advantage, thereby creating opportunity rents. These rents, captured as a return on resources, generate shareholder value in a valuation framework entirely consistent with CAPM.

This important volume in the Technology, Innovation and Competitive Strategy series arose from the author's experience advising the chief executives of large corporations over many years on aspects of strategy, coupled with his experience as a business academic teaching Strategy, Finance and Entrepreneurship to MBA students, executives and undergraduates at Oxford University. Aspects of the work are underpinned by his extensive numerical research papers on valuation and his experience as an entrepreneur, business angel and spin-out non-executive also lends perspective and insight to the development of strategy for start-up companies.

Product Details

ISBN-13: 2900080453216
Publisher: Emerald Group Publishing Limited
Publication date: 12/08/2006
Series: Technology, Innovation, Entrepreneurship and Competitive Strategy Series
Pages: 244
Product dimensions: 6.50(w) x 1.50(h) x 9.50(d)

About the Author

Peter Johnson is the critically acclaimed author of several collections of poetry, short stories, and novels, including Miracles & Mortifications, winner of the James Laughlin Award, Eduardo & “I,” Pretty Happy!, Love Poems for the Millennium, Rants and Raves: Selected and New Prose Poems, I’m a Man, and two young adult novels: Loserville and What Happened, a Paterson Prize winner that ALA Booklist called the “most gorgeously written YA of 2007.” Johnson is the recipient of two creat

Table of Contents

Preface     ix
Foreword     xv
Abstract     1
The Economics of Strategic Diversity     5
Strategic Ecology     29
Business Models     53
Routes to Competitive Advantage     73
Economic Rents     99
The Return on Resources     111
Business Development     129
Corporate Strategy: Purpose     141
Corporate Strategy: Techniques     157
Start-up Strategy     191
Summary, Observations and Conclusion     211
Subject Index     223

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews