Abstract:Traditionally, it was seen as a major goal for companies to achieve sustainable competitive advantage, based on external conditions and/or internal conditions. Firms should seize opportunities and neutralize threats based on their strengths and avoiding their weaknesses. However, nowadays, we live in a volatile, uncertain, complex, and ambiguous context. Markets are very dynamic (hypercompetition), and thus, achieving a sustainable competitive advantage is not possible anymore. In this conceptual chapter, the … Show more
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