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Mauricio Crippa Manager, Brazil
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Blue Ocean is Economics Failure
In my opinion, the idea of a Blue Ocean conflicts with and hurts the basic principles of economics which results in all economic profits tending to zero. Whenever an industry presents abnormal earnings, it will attract competitors. Even the creation of barriers to these new entrants is costly and soon, if the firm isn't able to create sustainable competitive advantages, the ocean will turn into red.
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Ceferino Dulay, Jr. Philippines
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Blue Ocean is Economics Failure
You're right in a way if you stay put after you entered a new playing field. But the idea is that you keep on innovating and if that's the culture you have developed in your organization, your "would-be competitors" will end up simply running catching up and never get to you.
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Mauricio Crippa Manager, Brazil
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Old Wine in a New Bottle?
Therefore, what is that new from old Schumpeterian innovative development? Or even from Porter's differentiation? I do believe the search for a market where competition is sustainably irrelevant (as precognized at the blue box above) is the search for the Eldorado (unless you're a state monopoly, of course!).
That doesn't mean I disagree from your point, it's just about the concept of BOS that, for me, is just another Harvard's "consulting seller" book.
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BNYa Consultant, India
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Stagnant BOS
Is the monopolistic stance of BOS detrimental to development and progress and to ultimate benefits to end consumers?
Fo...
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Mauricio Crippa Manager, Brazil
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Stagnant BOS
For sure. The "invisible hand" doens't act on mopolistic/oligopolistic markets. Therefore, if economic profits do not tr...
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Dean Gamache Student (University), United States
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Blue Ocean Strategy is Necessary in Business
Isn't the whole purpose of the Blue Ocean strategy to gain a competitive edge by coming up with something new and creati...
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Nedyalko Terziev Student (MBA), Singapore
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Blue Ocean Strategy Does Not Really Contradict Economic Theory
Hi Mauricio, standard economic theory teaches that economic profits go down to zero in the long term and implicitly assu...
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