Jump to ContentJump to Main Navigation
Foundations of Corporate SuccessHow Business Strategies Add Value$
Users without a subscription are not able to see the full content.

John Kay

Print publication date: 1995

Print ISBN-13: 9780198289883

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/019828988X.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 28 May 2020

Strategic Assets

Strategic Assets

(p.113) Chapter 8 Strategic Assets
Foundations of Corporate Success

John Kay (Contributor Webpage)

Oxford University Press

Certain competitive advantages are based not on the distinctive capabilities of firms but on their dominance or market position. These are the ‘Strategic Assets’ of the company and can broadly be separated into three main types. Natural Monopolies occur in markets that cannot accommodate more than one firm, Sunk Costs can prevent entry by resulting in a different cost structure between the incumbent and potential entrants, while Market Restrictions such as licences and regulation can further deter entry. These are different from distinctive capabilities in that they could be acquired by any company facing similar circumstances.

Keywords:   competitive advantage, dominance, government, licences, monopoly, regulation, strategic assets, sunk costs

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .