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《China Industrial Economy》 2002-01
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On heterogeneity and competitive advantage of firm inside

YANG Rui-long 1 LIU Gang 2 (1 Chinese People's University,Beijing 100872,China 2 Economics School of Nankai University,Tianjing 30071,China)  
Different from describing of perfect competition model, there are widespread differences in profits among the realistic business enterprises. On the assumption of homogeneity of firm, neo-classical economics, traditional theory of industry organization and Port's five forces model all argue that firm's profit come down to market structure. But, from the viewpoint of dynamic, firms are heterogeneity. Each firm hold its core knowledge and competence that is the result of lasting accumulation inside. The core knowledge and competence is non-competitive and difficult to imitate and substitute. As a conclusion, we argue that the sustaining competitive advantage of firm should arise inside under the hypothesis of heterogeneity.
【Fund】: 教育部“高等学校优秀青年教师教学科研奖励计划”资助
【CateGory Index】: F271
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