http://organizationsandmarkets.com/2008/01/18/the-age-of-temporary-advantage/ Economics of organizations, strategy, entrepreneurship, innovation, and more Sun, 27 Jul 2008 02:37:07 +0000 http://wordpress.org/?v=MU http://organizationsandmarkets.com/2008/01/18/the-age-of-temporary-advantage/#comment-69271 Kevin Carson Fri, 25 Jan 2008 08:34:57 +0000 http://organizationsandmarkets.com/2008/01/18/the-age-of-temporary-advantage/#comment-69271 My guess is that a great deal of "comparative advantage" is artificial, based on state-created barriers to the diffusion of knowledge and skill in a competitive economy. For example, there's a considerable overlap between the concept of comparative advantage and what Chandler called "organizational capability." And the substance of much of the latter is suggested by Chandler's own history of the tech industry, much of which consists of an extended account of which patents were owned by which firms. My guess is that a great deal of “comparative advantage” is artificial, based on state-created barriers to the diffusion of knowledge and skill in a competitive economy. For example, there’s a considerable overlap between the concept of comparative advantage and what Chandler called “organizational capability.” And the substance of much of the latter is suggested by Chandler’s own history of the tech industry, much of which consists of an extended account of which patents were owned by which firms.

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