Ownership-specific advantages(redirected from Ownership Specific Advantage)
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.
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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.
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