Core Competence

See also Core Competency in Practice, Core Competence in Practice

The value of Core Competence means creating Strategic Assets at the firm level and depends on

• Competitive Superiority
• Appropriateness
• Imitability
• Uniqueness
• Causal Ambiguity
• Path Dependency
• First Mover Advantage

• Durability
• Substitutability

Resources + Capabilities = Core Competences of the firm which compete with the Industry Porter's Five Forces