Strategies for Electronic Commerce and the Internet
By Henry C. Lucas, Jr.
MIT Press, 2001
267 pages, $32.95
This book outlines a new model of strategy for the Internet economy, and applies it to companies such as Dell Computer Corp., Merrill Lynch & Co. Inc. and The Charles Schwab Corp. The "dynamic resource-based" model suggests that companies identify resources that are rare, valuable, inimitable and nonsubstitutable (for example, airline computerized reservation systems), and use them to obtain a competitive advantage.
This article was originally published on 12-01-2001