Expanding the Model of Competitive Business Strategy for Knowledge-Based Organizations

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Author(s): Jeffrey W. Alstete (Iona College, USA)and John P. Meyer (Iona College, USA)
Copyright: 2013
Pages: 17
Source title: Intelligence Methods and Systems Advancements for Knowledge-Based Business
Source Author(s)/Editor(s): John Wang (Montclair State University, USA)
DOI: 10.4018/978-1-4666-1873-2.ch008

Keywords: Business Information Systems / Business Science Reference / Knowledge Management / Library & Information Science

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Abstract

The established competitive generic business strategy model continues to be the dominant paradigm, despite the rapidly changing internal and external environments that companies face today. This article evaluates other strategy-related elements identified in current business research and determines if an expanded model can be applied to companies that have become more knowledge-based organizations. Ten such companies are selected for case study examination of their generic strategy, purity of usage, innovation, strategic entrepreneurship and clarity. The results provide a potential basis for an expanded model of the dominant competitive business strategy paradigm that includes these additional elements and provides a framework for future research.

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Expanding the Model of Competitive Business Strategy for Knowledge-Based Organizations

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