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Ownership-Specific Advantages |
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Ownership-specific advantages Property rights or intangible assets, including patents, trademarks, organizational and marketing expertise, production technology, and management and general organizational abilities, that form the basis for a company's advantage over other firms. Ownership-Specific Advantages Intangible assets in a company, such as intellectual property, property rights, brand recognition, and other areas. Owning the copyright to a superior product is an example of an ownership-specific advantage, as is an exceptionally good organizational system. Ownership-specific advantages are less quantitative ways a company is able to remain competitive against companies in the same industry. That is, the idea behind ownership-specific advantages states that there is more to competition that simply providing the best price. Intangibles also play a significant role. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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