Article Abstract:
A combination of resource-based theory and dynamic capability may be used to create strategies on how a firm can manage its resources to maintain a competitive advantage. Resource-based theory involves the continuous search for rent based on returns from resources minus the costs. Meanwhile, dynamic capabilities involve the adaptability of firms to environmental changes using research and development. A synthesis of these two theories emphasizes innovation as a means of gaining advantage.
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Article Abstract:
A case study examines the international challenges faced by partners Agroceres, a Brazilian producer of genetically-modified seeds, and PIC, a UK-based genetics company specializing in pigs.
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Article Abstract:
A new study examines how Tabacalera Nicaraguense, an arm of British American Tobacco, changed its production to a mini-factory system in response to international competitive pressures.
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