Managers sometimes sacrifice profits only to improve their relative competitive standing, a behaviour that is known as “competitive irrationality.” Previous research has generated a wealth of insight into the general foundations of this often dysfunctional type of managerial decision-making....

The discipline of strategic management has the goal to better understand why companiessucceed based on a holistic, overarching perspective. However, until now the strategicmanagement literature has not provided a conceptually unifying framework that explicitlyintegrates the different dimensions...

Music majors, who have been suffering from dwindling revenues in their core business, areplacing extraordinary hopes on the new market of Over-The-Air(OTA)-Downloads.However, until now there has been no broad academic discussion about this market. Inparticular, two central questions have not yet...

Purpose – The purpose of this paper is to provide a conceptual tool that would help managers to integrate the findings from strategy frameworks such as the value chain, the five forces or the VRIO framework by jointly analyzing the different levers of competitive advantage....