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A General Theory of Competition
Resources, Competences, Productivity, Economic Growth
- Shelby D. Hunt - Texas Tech University, USA
Series:
Marketing for a New Century
Marketing for a New Century
January 2000 | 320 pages | SAGE Publications, Inc
A General Theory of Competition develops a ground-breaking new theory of competition - `resource-advantage theory'.
Recent thinking on competition has assumed the premises, structure and implications of the theory of perfect competition.
In his long-awaited book Shelby Hunt draws on economics, management, marketing and sociology to articulate resource-advantage theory. The author proceeds to illustrate how and why his theory may be used to explain and predict economic phenomena with great accuracy.
This volume is extremely well-referenced, with detailed source notes.
Introduction
Antecedents and Affinities
| Evolutionary and `Austrian' Economics |
Antecedents and Affinities
| Heterogeneous Demand and Differential Advantage |
Antecedents and Affinities
| Business Strategy and Institutional Theory |
Resource-Advantage Theory
| Foundational Premises |
Resource-Advantage Theory
| An Evolutionary Theory of Competition |
Productivity, Efficiency and Effectiveness
Endogeneous Economic Growth
The Wealth of Nations
Conclusion
"This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth."
University of Oklahoma
