TY - JOUR
T1 - Core Competence, Distinctive Competence, and Competitive Advantage
T2 - What Is the Difference?
AU - Mooney, Ann
N1 - Publisher Copyright:
© 2007, Copyright Taylor & Francis Group, LLC.
PY - 2007/11/1
Y1 - 2007/11/1
N2 - Core competence, distinctive competence, and competitive advantage are 3 of the most important business concepts that managers, researchers, and educators rely on for decision making, pedagogy, and research. However, little attention has been paid to defining these concepts. As a result, they have become buzzwords that are used so frequently that their meanings are often taken for granted but are not fully understood. In this article, the author reviews the evolution of these concepts in business literature and provides comprehensive definitions, conceptual models, and examples to help clarify and distinguish the concepts so that failures of communication can be avoided.
AB - Core competence, distinctive competence, and competitive advantage are 3 of the most important business concepts that managers, researchers, and educators rely on for decision making, pedagogy, and research. However, little attention has been paid to defining these concepts. As a result, they have become buzzwords that are used so frequently that their meanings are often taken for granted but are not fully understood. In this article, the author reviews the evolution of these concepts in business literature and provides comprehensive definitions, conceptual models, and examples to help clarify and distinguish the concepts so that failures of communication can be avoided.
KW - competencies
KW - competitive advantage
KW - strategy
UR - http://www.scopus.com/inward/record.url?scp=77955746118&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=77955746118&partnerID=8YFLogxK
U2 - 10.3200/JOEB.83.2.110-115
DO - 10.3200/JOEB.83.2.110-115
M3 - Article
AN - SCOPUS:77955746118
SN - 0883-2323
VL - 83
SP - 110
EP - 115
JO - Journal of Education for Business
JF - Journal of Education for Business
IS - 2
ER -