Original language | English |
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Title of host publication | The Palgrave Encyclopedia of Strategic Management |
Editors | Mie Augier, David J. Teece |
Publisher | Palgrave Macmillan |
Pages | 1-7 |
ISBN (Electronic) | 978-1-349-94848-2 |
DOIs | |
Publication status | Published - 2016 |
Abstract
This entry discusses the concept of time compression diseconomies and its importance to the sustainability of competitive advantage. It focuses on a key driver of time compression costs, the time dependency of resource accumulation, and illustrates the effects of three characteristics of this accumulation process (productivity, cycle time and absorption constraints). The effects are illustrated using a stylized stocks-flows simulation with iThink software.