A General Theory of Competition

Hunt convincingly demonstrates that competition is not about dividing up limited resources but about creating more resources and thus competition is pro-society. This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth. Consequently executives and entrepreneuers management consultants public makers and scholars and students in economics law political science and business should read and study this book. Robert F. Lusch University of Oklahoma This book develops a new theory of competition. This theory labeled resource-advantage theory stems from no single research tradition but draws on several different traditions in economics management marketing and sociology. In this ground-breaking volume Shelby Hunt articulates R-A theory uses the theory to explain and predict economic phenomena and shows how (and why) it explains and predicts such phenomena.