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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front. Econ. China    2006, Vol. 1 Issue (2) : 182-195
Competitive advantage: an analytical framework based on entrepreneurship
LIU Zhibiao
Research Center for Social and Economic Development of Yangtze River, Nanjing University, Nanjing, 210093, China;
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Abstract This article observes and studies the role and effect of entrepreneurship within the theoretical framework of resource-based view (RBV). It advances competitive advantage theory based on entrepreneurship by proving the distinctiveness of entrepreneurship. Distinctive cognition competence of entrepreneurs provides them with personal specific assets, which determines both the competence to explore new business opportunities and the competence to integrate resources for risk activities. The characteristics of such intangible resource as entrepreneurship, such as its distinctiveness, limitedness of competition, and incomplete mobility of factors, are the most important sources of competitive advantage of enterprises in the strategic management theory of RBV.
Issue Date: 05 June 2006
 Cite this article:   
LIU Zhibiao. Competitive advantage: an analytical framework based on entrepreneurship[J]. Front. Econ. China, 2006, 1(2): 182-195.
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