Core Competence

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See also Core Competency in Practice, Core Competence in Practice

The value of Core Competence means creating Strategic Assets at the firm level and depends on

  • Competitive Superiority
  • Appropriateness
  • Imitability
  • Uniqueness
  • Causal Ambiguity
  • Path Dependency
  • First Mover Advantage
  • Durability
  • Substitutability

Resources + Capabilities = Core Competences of the firm which compete with the Industry Porter's Five Forces

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