Core Competence
From Wikireedia
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