Creating and Sustaining a Competitive Advantage over Time

2020 ◽  
pp. 173-203
Author(s):  
Tawfik Jelassi ◽  
Francisco J. Martínez-López
Keyword(s):  
Competitive Advantage ◽  
Over Time

Digital Economy and Knowledge Economics

2012 ◽  
pp. 1-14
Author(s):  
Bhekuzulu Khumalo
Keyword(s):  
Competitive Advantage ◽  
Comparative Advantage ◽  
Wave Theory ◽  
Paper Briefly ◽  
Michael Porter ◽  
True Meaning ◽  
Modern Economic ◽  
Economic Thinking ◽  
Over Time

The digitization of information has been one of the greatest stories of the last two decades. This paper seeks to explain the meaning of this process and how it affects already established models concerning trade and knowledge economics. This paper is based on the simple premise that knowledge is the most important resource, without which nothing can be done. The paper starts by looking at the competitive advantage theory that was largely promoted by Michael Porter whose works have greatly influenced the first part of this paper. The paper then discusses the ever more important role of knowledge due to competitive advantage theory and the digitalization of information. Finally the implications and discrediting the comparative advantage theory, this theory has no place in modern economic thinking. As we have more tools in our disposal, we must investigate the importance of wave theory as well as the true meaning of competition. It also looks into the greater role collaboration will play in the future. The paper briefly discusses the effects that the digitization of information will have over time.

Knowledge Asset Dynamics and Firm Performance

2011 ◽  
pp. 188-204
Author(s):  
Karim Moustaghfir
Keyword(s):  
Competitive Advantage ◽  
Case Study Research ◽  
Rapid Change ◽  
Value Drivers ◽  
Continuous Innovation ◽  
Knowledge Asset ◽  
Overall Performance ◽  
Competitive Forces ◽  
Over Time

In an economy characterized by rapid change, continuous innovation and high intensity and dynamism of competition, the analysis of strategy and competitive advantage has shifted from the more aggregate competitive forces to the idea that firms are essentially different and compete on the basis of their specific physical, human and organizational resources. The key to this new view of the firm as a collection of resources both human and material is understanding the relationships between resources, capabilities, competitive advantage, and profitability, in particular, an understanding of the mechanisms through which competitive advantage can be sustained over time. Even if knowledge assets have been widely recognized as the firm’s main value drivers, little guidance is provided of how these unique attributes affect the firm’s profitability and its overall performance. Through a case study research in the IT sector, this chapter provides empirical evidence as regards such interdependencies and analyze the effects of knowledge asset dynamics on firm’s performance and value creation mechanisms.

scholarly journals Party Positions, Asset Ownership, and Economic Voting

2019 ◽  
Vol 67 (4) ◽  
pp. 912-931 ◽  
Author(s):  
Timothy Hellwig ◽  
Ian McAllister
Keyword(s):  
Competitive Advantage ◽  
Economic Voting ◽  
Conventional Wisdom ◽  
Supply Side ◽  
Asset Ownership ◽  
Important Condition ◽  
Party Positions ◽  
Key Concepts ◽  
Over Time

Conventional wisdom holds that asset owners favor parties on the center-right. This assumption, however, ignores the possibility that party positions may shift over time and across contexts. The electoral payoff from ownership thus depends on how the policies of the major parties treat those assets. In this article, we argue that the prediction that asset holders support right-of-center parties rests on the position-taking strategies of parties. We test this expectation with evidence from six elections in Australia and with a dataset of post-election surveys in 25 advanced democracies. Utilizing different measures for key concepts, both analyses support our claims. Study findings identify the supply side of electoral competition as an important condition for patrimonial economic voting and, more generally, confirm the role of parties in mobilizing voters around issues on which they have a competitive advantage.

Traditional Principals’ Reaction to a Charter School Opening

2020 ◽  
Vol 104 (4) ◽  
pp. 270-291
Author(s):  
Dana L. Bickmore
Keyword(s):  
Competitive Advantage ◽  
Case Studies ◽  
Charter School ◽  
Competitive Markets ◽  
Teachers And Students ◽  
Multiple Case ◽  
Multiple Case Studies ◽  
Perceptual Changes ◽  
Principals Perceptions ◽  
Over Time

Using multiple case studies, I examined how three traditional principals reacted and responded over time to the opening of a charter school in their attendance boundaries. Findings suggest principals’ reactions to competition shifted based on their perceptions of their status and competitive advantage in the market. These perceptual changes were the result of interactions with parents/guardians, staff, teachers, and students. This study has implications for how principals’ perceptions over time may affect engagement in competitive markets.

scholarly journals Impact of agricultural supports on competitiveness of agricultural products

2020 ◽  
Vol 66 (No. 6) ◽  
pp. 286-295
Author(s):  
Hasan Arisoy
Keyword(s):  
Competitive Advantage ◽  
Agricultural Sector ◽  
Vector Autoregression ◽  
Terms Of Trade ◽  
Agricultural Products ◽  
Var Model ◽  
Political Variable ◽  
The World ◽  
The Impact ◽  
Over Time

The agricultural sector is being supported in Turkey, as well as in the world. The issue of competitiveness is observed in agriculture, despite supports. This study aims at investigating the impact of agricultural supports in Turkey on competitiveness of agricultural products. Vector autoregression (VAR) model has been adopted in the study. The internal terms of trade (TOT), percentage producer support estimate (PSE), and the producer nominal protection coefficient (NPC) variables have been included in the model. The internal terms of trade in Turkey have developed over time against the benefit of agricultural sector. PSE has had a significant impact on TOT. Therefore, the use of PSE as a political variable has been concluded as a significant. Means of support must be discussed in Turkey more than the amount of supports. In particular, supports that will provide farmers with competitive advantage and boost up product farmyard prices will be more efficient and beneficial for farmers.

scholarly journals Production Processes Choices

2021 ◽  
pp. 165-170
Author(s):  
Jean-Pierre Jeannet ◽  
Thierry Volery ◽  
Heiko Bergmann ◽  
Cornelia Amstutz
Keyword(s):  
Competitive Advantage ◽  
Production Process ◽  
Free Market ◽  
Open Market ◽  
Process Automation ◽  
Production Processes ◽  
Key Steps ◽  
Over Time ◽  
Factory Floor

AbstractHow SMEs arranged their factory floor and the kind of processes, proprietary, or other, they employed, including the extent of automation in use, are all important aspects of the process practices. Swiss SMEs have realized that reliance on product feature advantages alone, even if protected by patents, is not sufficient to guarantee a lasting competitive advantage. Many companies, over time, have developed proprietary processes that are not available on the open market. This can include proprietary production or custom equipment developed and built in-house for key steps of the production process. Automation and robotization are extensively applied throughout, much of this designed by the companies themselves. The longevity of the companies fosters long-term improvements that are not available on the free market.

scholarly journals INNOVATION OF NATURAL MOSQUITO REPELLENT PRODUCTS (AMUK CANDLE) AS THE OPPORTUNITY FOR COMMUNITY BUSINESS

ICCD ◽  
2019 ◽  
Vol 2 (1) ◽  
pp. 38-42
Author(s):  
Harefan Arief ◽  
Eko Tama Putra Saratian ◽  
Dudi Permana ◽  
Mochamad Soelton ◽  
Fatchur Rohman ◽  
...  
Keyword(s):  
Public Policy ◽  
Competitive Advantage ◽  
Global Competition ◽  
Main Stage ◽  
Special Role ◽  
Mosquito Repellent ◽  
Technological Developments ◽  
New Ideas ◽  
Social Environmental ◽  
Over Time

Often the word innovation is associated with the word invention. According to Drucker (1985), Innovation is a special tool in exploiting changes in various businesses and services. He added, this innovation can be presented as a discipline that can be learned and practiced. In other words, innovation is also said to be "an idea, practice, or object that is considered new by other individuals or adoption units" (Daugherty et al., 2011; Grawe, 2009; Rogers, 1995). Meanwhile, Tidd, Bessant, Pavitt, and Wiley (1998) define innovation as the process of turning opportunities into fresh ideas and being widely used in practice. Global Entrepreneurion Monitor (GEM), reports that entrepreneurship is now the main stage in the arena of public policy in most countries. As social, environmental and economic challenges face humanity, many people believe that business has an important role to play in transforming society in the future . Entrepreneurs are considered to have a special role in innovation and bringing social change, traditionally from a macroeconomic perspective (Bosma et al, 2012). The field of innovation is very broad. The ability to develop new ideas and innovations has become a priority for many organizations. Intense global competition and technological developments have made innovation a reality a source of competitive advantage. The ability of an entrepreneur to put forward the idea of a higher value can be a source of competitive advantage. Entrepreneur that can create competitive advantage are able to increase their activities with the experience gained, by the knowledge gained, over time, it may be a source of distinctive competence in the market.

Competitive Strategies in the Computer Industry

2014 ◽  
Vol 5 (1) ◽  
pp. 73-88 ◽  
Author(s):  
Shameem Akhter ◽  
Nayem Rahman ◽  
Mohammad Nirjhar Rahman
Keyword(s):  
Competitive Advantage ◽  
Critical Analysis ◽  
Bargaining Power ◽  
Manufacturing Industry ◽  
Competitive Behavior ◽  
Computer Industry ◽  
Competitive Strategies ◽  
New Entrants ◽  
Fierce Competition ◽  
Over Time

A firm's competitive behavior is very important for its survival. Relevant stakeholders in an industry are interested in a firm's operational as well as financial performance. In order to gain competitive advantage, a firm must remain steadfast during changes it goes through over time. This is true for the computer industry as well. The computer industry has been advancing very fast and firms in the industry are experiencing fierce competition for many reasons. This study examines the computer industry in terms of Michael Porter's framework for analyzing the profitability. The authors conduct a critical analysis of the threat of new entrants into the computer industry segment, the bargaining power of suppliers in the industry, the bargaining power of buyers in the industry, the threat of substitute products or services, and rivalry among competitors in the industry. This study has implications for incumbent firms and new entrants into the computer manufacturing industry that evaluate competitive strategies in the industry.

Compound Supply Chain Efficiency Model Application in the Gabonese Supply Chain

2013 ◽  
Vol 4 (1) ◽  
pp. 60-129 ◽  
Author(s):  
Janvier-James Assey Mbang
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Competitive Advantage ◽  
International Business ◽  
Model Application ◽  
Supply Chain Efficiency ◽  
Global Efficiency ◽  
Over Time

In an effort for global excellence in international business, Gabon supply chains must achieve a competitive advantage by ensuring that they are as effective as possible. This paper develops the compound supply chain efficiency model using variables expressly identified as problem areas encountered by Gabonese supply chains. The compound supply chain efficiency model evaluates the supply chain global efficiency based on the efficiency of reliability, velocity, and cost. It identifies barriers along the supply chain and determines key focus areas for corporations if they want to ameliorate their global efficiency and become more competitive. The compound supply chain efficiency model can either be used to compare various supply chains or it can be used to compare the same supply chain over time to determine if any improvements have been made. The composite supply chain efficiency model can also identify areas of deficiencies along the supply chain. The composite supply chain efficiency model is an efficient and inexpensive model that can be applied to determine if Gabonese supply chains are operating efficiently or not. The results obtained from the compound supply chain efficiency model can help companies and entire supply chains identify areas to focus on to ameliorate their efficiency levels and in so doing make them competitive.

Exploring the Role of IS in Dynamic Capabilities

2010 ◽  
Vol 1 (2) ◽  
pp. 19-37 ◽  
Author(s):  
Stephen Duhan ◽  
Margi Levy ◽  
Philip Powell
Keyword(s):  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Recent Literature ◽  
Dynamic Capability ◽  
Sustainable Competitive Advantage ◽  
Capability Development ◽  
Over Time ◽  
Systemic View

Resource-based theory suggests that firms develop idiosyncratic capabilities that contribute to sustainable competitive advantage when they are valuable, rare, inimitable and non-substitutable. The successful use of information systems (IS) and information technology (IT) has been linked to improved firm performance. Recent literature suggests that a deeper understanding of what capability means in practice may be gained from a disaggregation into component competences and resources. A better understanding of the role of IS/IT in business level capability may be achieved through a fuller articulation, both of the capability itself, and the contribution of IS/IT, together with an evaluation of the effectiveness in delivering sustainable competitive advantage. A dynamic capabilities perspective explains the way firms adapt capabilities to changing market environments over time. This paper explores these propositions through an exploratory case study using a framework derived from a resource-based and systemic view of the firm. The analysis suggests a dynamic Capability Development Model through which the implications and potential for IS and IT over time may be understood. The paper addresses three issues. First, it offers a better articulation of what capability concepts mean in practice. Second, it takes a disaggregated understanding of capabilities, and third, it sheds light on the dynamics of capabilities.

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