In addition , this definition also facilitates the operationalization of the construct : first identify the dimension of competition and then compare a pair of firms against this dimension . It provides a baseline understanding of competitive advantage and readily accommodates the of competitive advantage by both the structural approach and the RBV , two dominant perspectives in our field . This said , however , competitive advantage is still an elusive construct , like transaction cost in the choice of market and hierarchies , mutual forbearance in multipoint...











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