... Publishing Limited 2026 Emerald Publishing Limited Licensed re-use rights only Strategic management Firm performance Artificial intelligence Machine learning Literature review CEO Competitive advantage Relative firm performance (or competitive advantage) is central, and perhaps...

... reflect on (1) how firms gain competitive advantage and improve their performance, (2) how firms create and capture value, (3) the optimal boundaries (and overlaps) between firms, and, last but not least, (4) how firms make strategic decisions. We hope that this essay and the special issue as a whole may...

...Marvin B. Lieberman In response to Barney, Mackey, and Mackey ( Barney, J. B., T. B. Mackey, and A. Mackey. 2023 . “Why Has It Been So Hard to Define Competitive Advantage?” – Strategic Management Review), this essay clarifies my argument that ‘competitive advantage’ is problematic...

...Jay B. Barney; Tyson B. Mackey; Alison Mackey Why is it so hard to define competitive advantage? Should this difficulty lead us to discard the concept in strategic management scholarship? While Lieberman (2021) advocates largely abandoning competitive advantage in lieu of developing empirical...

... uncertainty competitive advantage beliefs While former World Bank President Jim Yong Kim stated that “[n]o one in the field of infectious disease or public health can say they are surprised about a pandemic” (Maxmen, 2020), there is no doubt that the COVID-19 pandemic took the business world very...