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Blue Ocean versus Competitive Strategy: Theory and Evidence (2009) Open access

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Title Blue Ocean versus Competitive Strategy: Theory and Evidence
Published in ERIM report series research in management Erasmus Research Institute of Management. ISSN 1566-5283.
Author Burke, A.E. (Andrew); Stel, van A.J. (André); Thurik, A.R. (Roy)
Date 2009-05-29
Language English
Type working paper
Publisher Erasmus Research Institute of Management (ERIM), Erasmus University Rotterdam (ERIM is the joint researchinstitute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam)
Abstract Blue ocean strategy seeks to turn strategic management on its head by replacing ‘competitive advantage’ with ‘value innovation’ as the primary goal where firms must create consumer demand and exploit untapped markets. Empirical analysis has been focused on case study evidence and so lacks generality to resolve the debate. We provide a methodological synthesis of the theories enabling us to bring statistical evidence to the debate. Our analysis finds that blue ocean and competitive strategies overlap and managers do not face a discrete either/or decision between each strategy. Our evidence for the Dutch retail industry indicates that blue ocean strategy has prevailed as a dominant long term viable strategy.
Publication http://hdl.handle.net/1765/16037
Persistent Identifier urn:NBN:nl:ui:15-1765/16037
Metadata XML
Repository Erasmus University Rotterdam
Erasmus University Rotterdam

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