Theories of Industrial Dynamism and Industry Analysis Theories of Competition and Implications for Strategies of International Firms International Market Knowledge The Internet Industrial Organisation (IO) Economics The S-C-P model Porter’s Five Forces Theories of Competition Perfect competition Independence and competitive rivalry Resource-Advantage Theory Competitive Dynamics Competition is evolutionary Firm strategies are disequilibrium provoking (cf. Schumpeter’s creative destruction) The focal industry Customers’ industry/industries Suppliers’ industry/industries The environment as the playing field Testing Theory-Practice fit Characteristics of Migatronic’s industry Nature and degree of competitive dynamics Appropriatness of the S-C-P model Strategic Orientation of Migatronic Knowledge Acquisition and Management Possible role of ICT Alternative business development strategies for Migatronic- Dynamic Competition Dynamic Efficiency Competence-based theory Resource-base theory Alternative approaches to business knowledge management (East and West) ICT and International Business Management The  Concept of Core Competence Dynamics of Firm competence Creating competence Leveraging competence Renewing competence The concept of organisational capabilities