The size of a firm's competitive advantage is the sum of the economic value a firm is able to create and the economic value rivals are able to create.

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The size of a firm's competitive advantage is the economic value a firm is able to create that is greater than the economic value created by its rivals. In other words, it is the difference between a firm's economic value and the economic value of its competitors.

The Size of a Firm's Competitive Advantage Is the Sum