I examine the role of second order capabilities on capabilities- competitive advantage relationship and its influence on sustainability of competitive advantage. The concept of capabilities life cycle has been used to explicate the proposed relationship. Discussion also involves impact of...

Purpose The purpose of the current paper is to examine the nature of profit persistence and to estimate the dynamic relationship between research and development (R&D) intensity and firm profitability in the Indian pharmaceutical industry. Design/methodology/approach A dynamic panel data model...