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Justyna Światowiec-Szczepańska (2012/2, Articles, p. 203)

Economic Rent and Firm’s Competitive Advantage

A firm’s competitive advantage, which involves achieving above-average profitability, refers to economic rent, a concept developed by economic theory. Investigating competitive advantage from the viewpoint of rent seeking seems to be a special instance of the convergence of management sciences and economics at microeconomic level. The concept of economic rent may serve as a key which helps (...)




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