Resource obsolescence through competition from converging technologies is quickly becoming a more urgent problem for sustaining competitive advantage than resource imitation. Not only can it make a firm’s resources obsolete or too costly to be competitive, it may also bring about shifts of...

In the past five years, each of the BRIC countries has revised its merger control policies and practice, changing the conditions for competing in these markets. In this article, we review the turnover (sales) and asset threshold levels in the BRIC countries vs. the EU and the US that impose a...

In the past five years, each of the BRIC countries has revised its merger control policies and practice, changing the conditions for competing in these markets. In this article, we provide an overview of the review process and timelines that need to be respected or expected to get the deal...

This paper discusses when firms may expect economies in the accumulation of resources (asset mass efficiencies). Specifically, we describe situations in which the accumulation of a resource benefits from a “success breeds success” dynamic that creates an exponentially growing gap between...