In a wide range of circumstances, relational contracts can enable strategies that might not otherwise be possible. While most studies focus on the maintenance and performance of existing relational contracts, this paper explores the origins of interfirm relational contracts, focusing on how...

The business model is a managerial tool to understand the logic of a company. Business model tells how a company creates values for customers, what are these values, and identifies how it is compensated for values provided. Business model consist of several blocks. These blocks are built by...

The aim of this paper is to identify relation between intensity of competition in business environment and the strategy. The aim is also to identify the relation between intensity of competition and factors of influence on the business. The research was done in Slovakia on 382 companies. Main...

This paper discusses the economic category of "competitive advantages" in relation to business structures in market conditions. Analyzes a number of features that characterize the steady state of the economic entity in the process of competitive relations: relativity, dynamics, var-iability,...

This paper presents a theoretical conceptual model for evaluation of logistics performance for small and medium enterprises (SMEs). Based on recent theoretical developments, grounded in a survey of the most important literature in the field, it analyzes the impact of the logistics function on...

Within a practice-based approach of organizations, we explore the knowing integration phenomena at the roots of competitive advantage. While former knowing integration studies have pointed to the importance of boundary objects across occupational communities, knowing integration inside a...

This article examines how leader firms should respond to the erosion of competitive advantages caused by rapid imitation and innovation in hypercompetitive environments. On the one hand, shorter-lived advantages induce leaders to develop new advantages faster. On the other hand, hypercompetition...

This paper tries to explain why many socially-responsible firms appear to converge on a standard set of corporate social responsibility (CSR) practices instead of striving to differentiate themselves from rivals and achieve competitive advantage. Three explanations of this convergence are...

The purpose of this paper was to continue the discussion on the representation of resources as a part of the business model concept. Recently, a business model concept has been proposed to support managing the exploitation of business opportunities. Such exploitation generates a need to select...

The concept of competitive advantage is argued to be not very useful to managers. At best it is an aspirational goal. Books that claim to present a route to competitive advantage give false hope – multiple competing firms in an industry cannot (each) realistically set out to build a...