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