In markets where quality is hard to observe, reputations last a long time If quality is important, competitive advantages tend to be long-lived

在产品品质难以辨别的市场中,企业声誉的影响力 可持续非常久。 如果产品品质很重要的话,竞争优势也会持续非常 久

In markets where quality is hard to observe, reputations last a long time If quality is important, competitive advantages tend to be long-lived

Many markets are such that a firm needs several resources to success Resources can be brought together in several ways

In general, you can not expect to capture any value if you do not create any Getting\paid to playis an exception, but is unlikely to yield very high profits

In general, you can not expect to capture any value if you do not create any. Getting paid to play?\ is an exception, but is unlikely to yield very high profits

More openness allows more value creation but less value capture More attractive for weaker players

在许多不同的市场中,一个公司想要成功必需要结 合数种不同的资源。 有数种方式可以集结公司所需的资源,如

Many markets are such that a firm needs several resources to success Resources can be brought together in several ways Self-development acquire/be acquired

在许多不同的市场中,一个公司想要成功必需要结 合数种不同的资源 有数种方式可以集结公司所需的资源,如 行开发