Corporate cultural emphasis on long-term competitiveness as opposed to shorter-term rofitability is evaluated in terms of effectiveness in achieving higher profit margins, real profitability, and survival in the long term. Competitive orientation continues to have adverse impact even with a lag...

Critical review of investment-economic performance literatures in economics and strategic management indicates that more capital investment does not seem to contribute to higher national economic growth or to higher corporate profitability. Instead, greater utilization of capital and human...