Capabilities and competitive advantage

What is competitive advantage? How does a firm achieve competitive advantage, and how does competitive advantage manifest itself? How is competitive advantage sustained in highly competitive and fastmoving markets? What is the role of the firm’s strategic capabilities in creating and sustaining competitive advantage? Over the years, management thinkers and practitioners alike have pondered these questions from various perspectives. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.