Monopoly Profits, Efficiency Profits, and Teaching Strategic Management

descriptionPublicationkeyboard_double_arrow_right Article 01 Sep 2018 English Publisher:Academy of ManagementJournal:Academy of Management Learning & Education, volume 17, pages 359-373 (issn: 1537-260X, eissn: 1944-9585,

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Authors: Jay B. Barney; Alison Mackey;

doi: 10.5465/amle.2017.0171

Monopoly Profits, Efficiency Profits, and Teaching Strategic Management

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Abstract

Structure-conduct-performance (SCP) and resource-based logics are two prominent theoretical explanations within strategic management for how firms gain and sustain competitive advantages. Pedagogic...

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