Most business news these days is bad news. Internal and external threats are more common than are opportunities. What does this mean for entrepreneurs? We suggest that the concepts of sustained competitive disadvantage and its source, liabilities, speak to this question. We extend resource-based theory to define these concepts and formulate propositions concerning entry opportunities and firm success.
Mosakowski, Elaine and Gras, David
"DODGING BULLETS: OPPORTUNITIES AND THREATS IN NEW VENTURES (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 29
, Article 12.
Available at: http://digitalknowledge.babson.edu/fer/vol29/iss13/12