ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

The Dynamics of Competitiveness-Interactive Process between Markets and Assets

Interactive Process between Markets and Assets D N Sen Gupta Long-term competitiveness of a firm is reflected in its ability to sustain above normal profitability over time. Firms that remain competitive and profitable over time are likely to exhibit four characteristics, namely, increasing productivity of form and capital, continuous changes in their mix of assets and markets, a steady upgradation in markets and assets, and growth. Moreover, in contrast to equilibrium or life-cycle models, process models, by focusing on the behaviour of firms, provide a flexible analytical framework for studying historical evolution of a firm and understanding why different firms perform differently.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top