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D x27 aveni dagnino amp smith 2010

See discussions stats and author pro ?les for this publication at http www researchgate net publication The age of temporary advantage ARTICLE in STRATEGIC MANAGEMENT JOURNAL DECEMBER Impact Factor DOI smj CITATIONS READS AUTHORS Richard A D'Aveni Dartmouth College PUBLICATIONS CITATIONS SEE PROFILE Ken G Smith University of Maryland College Park PUBLICATIONS CITATIONS SEE PROFILE Giovanni Battista Dagnino University of Catania PUBLICATIONS CITATIONS SEE PROFILE Available from Giovanni Battista Dagnino Retrieved on October CStrategic Management Journal Strat Mgmt J ?? Published online EarlyView in Wiley Online Library wileyonlinelibrary com DOI smj THE AGE OF TEMPORARY ADVANTAGE RICHARD A D ? AVENI GIOVANNI BATTISTA DAGNINO and KEN G SMITH Tuck School of Business Dartmouth College Hanover New Hampshire U S A Department of Business Economics and Management University of Catania Catania Italy College of Business Administration University of Rhode Island Kingston Rhode Island U S A The creation and management of temporary competitive advantages has emerged as an alternative to sustainable models of competitive advantage in the strategy literature We review the literature and discuss questions related to the antecedents consequences and the management temporary advantage in the introduction of this special issue The overall goal is to ask What would the ?eld of strategic management look like if sustainable advantages did not exist We summarize the papers published in this special issue and F D highlight directions for future research Copyright John Wiley Sons Ltd The goal of this special issue is to develop theory and empirical evidence about how organizations can successfully compete evolve and survive when ?rm-speci ?c advantages are not sustainable or enduring but more temporary in nature Such conditions may exist due to fast-paced competitive actions and counter responses among rivals or where frequent endogenous and exogenous competence destroying disruptions and discontinuities make sustaining one ? s advantage impossible The primary goal is to ask what the ?eld of strategy would look like if sustainable competitive advantage did not exist Almost since the onset of strategic management scholarship the ?eld has assumed that sustainable competitive advantage exists Rumelt Schendel and Teece Considerable e ?ort has been dedicated to de ?ning and empirically Keywords temporary competitive advantage temporary advantage hypercompetition high velocity environments competition rivalry strategic paradigms Correspondence to Richard A D ? Aveni Tuck School of Business Dartmouth University Tuck Hall Hanover N H U S A E-mail Richard A D ? Aveni tuck dartmouth edu demonstrating the existence of sustainable advantage However recent studies have begun to suggest that sustainable competitive advantage is rare and declining in duration Rue i and Wiggins Other studies have found anecdotal and more rigorous empirical evidence of the concatenation of temporary advantages D ? Aveni Wiggins and Rue i And there is growing empirical evidence that the volatility of ?nancial returns is increasing suggesting that the relative importance of the temporary volatile component of competitive advantage is rising when compared to the long run component of sustainable competitive advantage Thomas and D ? Aveni Finally there is increased attention