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Book Brief: Strategies for Electronic Commerce and the Internet

Published May 12, 2021

Strategies for Electronic Commerce and the Internet By Henry C. Lucas, Jr. MIT Press, 2001 267 pages, $32.95

This book outlines a new model of strategy for the Internet economy, and applies it to companies such as Dell Computer Corp., Merrill Lynch & Co. Inc. and The Charles Schwab Corp. The “dynamic resource-based” model suggests that companies identify resources that are rare, valuable, inimitable and nonsubstitutable (for example, airline computerized reservation systems), and use them to obtain a competitive advantage.