scholarly journals Abilities to exploit newly-acquired technologies as a source of competitive advantage of finance companies in Poland

Management ◽  
2016 ◽  
Vol 20 (2) ◽  
pp. 35-48 ◽  
Author(s):  
Waldemar Glabiszewski ◽  
Dorota Grego-Planer
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
The One ◽  
General Organization

Summary The article of empirical nature is an attempt to evaluate the influence of the abilities to exploit newly acquired technologies possessed by finance companies operating in Poland on the competitive advantages they gain. The findings obtained confirm the existence of such influence, although its force seems rather moderate. A stronger influence was noted in relation to the jointly analyzed individual components, as well as the one related to general organization, which constitute the exploitation abilities, as well as in relation to three basic specialized assets within this type of abilities.

scholarly journals Identifying and capitalizing new sources of competitive advantages is a vital prerequisite for corporate sustainability

2020 ◽  
Vol 14 (1) ◽  
pp. 453-463
Author(s):  
Roberta-Laura Jianu Galav
Keyword(s):  
Competitive Advantage ◽  
Corporate Sustainability ◽  
Dynamic Change ◽  
Point Of View ◽  
Decision Makers ◽  
Relational Capital ◽  
Competitive Advantages ◽  
Paradigm Shifts ◽  
Academic Field ◽  
The One

AbstractOn both the research agendas of the specialists in the academic field and those of the decision makers in the field of public policies, there are a series of topics of reflection among the most provocative which calls on researchers to identify solutions to new challenges. These include the prevalence of topics such as: threats to climate balance, deepening inequalities in welfare and prosperity, paradigm shifts in management and leadership, the emergence of on demand economy, just transition or the new scale of competitive advantages. At the microeconomic level, one of the most complex issues is that of business sustainability, which, under the conditions of the new global economic picture, must be equally efficient, economically, sustainable, socially, and resilient from an ecological point of view. Despite the most renowned experts analyzing the concept of competitive advantage, having highlighted the epistemological and praxiological foundations and clarified the variables on which its scope depends, the regional and global economic picture in dynamic change makes the analytical space continue. for this thematic area. This paper starts from the methodological assumption that the decision makers at the level of the companies must ensure the possible but synergistic combination between: the objective of maximizing the profit and the one of taking into account the plenary of maximizing the sales or of extending the relational capital. The main purpose of this paper is to study the deepest changes at the microeconomic level of the competitive advantage scale, the factors that influence these changes and propose a series of ways by which the companies that operate in Romania can be repositioned sustainably at the level of the most powerful regional supply chains.

scholarly journals FEATURES OF COMPETITIVE ADVANTAGES DEVELOPMENT OF THE ENTERPRISE IN MODERN FUNCTIONING CONDITIONS

2018 ◽  
pp. 34-39
Author(s):  
Dariia Bernytska
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
Specific Group ◽  
Foreign Markets ◽  
Qualitative And Quantitative ◽  
Quantitative Characteristics ◽  
Close Relationship ◽  
The One ◽  
Internal And External Factors ◽  
Qualitative And Quantitative Characteristics

The article sums up approaches of different scientists to determine the sources’ formation of competitive advantages. The basis of the general competitive advantage of the enterprise is determined - internal competitive advantages, which reflect the potential of the enterprise to achieve its competitive positions. External competitive advantages, on the one hand, orient the enterprise to develop and use different internal advantages, but on the other - provide it with stable competitive positions, since they are oriented towards the purposeful satisfaction of a specific group of consumers’ needs. It is specified that the process of forming competitive advantages of an enterprise begins with the idea of its creation by determining the appropriate source under the influence of internal and external factors, between which there is a close relationship. It has been established that the list of sources of competitive advantage is quite large and varied, but an important factor in ensuring the competitive advantage of the company in the domestic and foreign markets is the correlation of price and quality. It has been proven that the successful formation of competitive advantages should be based on qualitative, quantitative and cost approaches through the development of qualitative and quantitative characteristics of the process or products.

scholarly journals Knowledge Management in Mexican Manufacturing Small Business

2017 ◽  
Vol 8 (2) ◽  
pp. 47 ◽  
Author(s):  
Gonzalo Maldonado-Guzman ◽  
Jose Trinidad Marin-Aguilar ◽  
Sandra Yesenia Pinzon-Castro
Keyword(s):  
Knowledge Management ◽  
Small Business ◽  
Competitive Advantage ◽  
21St Century ◽  
Intangible Assets ◽  
Business Environment ◽  
Good Knowledge ◽  
Competitive Advantages ◽  
And Performance ◽  
The One

In an unpredictable business environment, such as the one that characterized the economy at the beginning of the 21st century, knowledge management has become one of the most valued intangible assets by organizations that have recognized the importance of knowledge in the creation and development of competitive advantages and performance. However, most investigations have been focused on big enterprises, only a few have been paid attention to small and medium-sized enterprises (SMEs). For this reason, the present research analyzes the importance of knowledge management in SMEs through a sample of 125 manufacturing SMEs from Aguascalientes State (Mexico). The results obtained show that manufacturing SMEs have good knowledge management which can be regarded as a competitive advantage.

The role of innovation in building competitive advantages: an empirical investigation

2018 ◽  
Vol 21 (1) ◽  
pp. 44-69 ◽  
Author(s):  
Prodromos Chatzoglou ◽  
Dimitrios Chatzoudes
Keyword(s):  
Competitive Advantage ◽  
Conceptual Framework ◽  
Empirical Investigation ◽  
Primary Data ◽  
Empirical Literature ◽  
Competitive Advantages ◽  
Manufacturing Companies ◽  
Content Type ◽  
The Impact ◽  
Structured Questionnaire

Purpose Nowadays, innovation appears as one of the main driving forces of organisational success. Despite the above fact, its impact on the propensity of an organisation to develop and sustain a competitive advantage has not yet received sufficient empirical investigation. The purpose of this paper is to enhance the existing empirical literature by focusing on the antecedents of innovation and its impact on competitive advantage. It proposes a newly developed conceptual framework that adopts a three-step approach, highlighting areas that have rarely been simultaneously examined before. Design/methodology/approach The examination of the proposed conceptual framework was performed with the use of a newly developed structured questionnaire that was distributed to a group of Greek manufacturing companies. The questionnaire has been successfully completed by chief executive officers (CEOs) from 189 different companies. CEOs were used as key respondents due to their knowledge and experience. The reliability and the validity of the questionnaire were thoroughly examined. Empirical data were analysed using the structural equation modelling technique. The study is empirical (based on primary data), explanatory (examines cause and effect relationships), deductive (tests research hypotheses) and quantitative (includes the analysis of quantitative data collected with the use of a structured questionnaire). Findings Results indicate that knowledge management, intellectual capital, organisational capabilities and organisational culture have significant direct and indirect effects on innovation, underlining the importance of their simultaneous enhancement. Finally, the positive effect of innovation on the creation of competitive advantages is empirically validated, bridging the gap in the relevant literature and offering avenues for additional future research. Originality/value The causal relationship between innovation and competitive advantage, despite its significant theoretical support, has not been empirically validated. The present paper aspires to bridge this gap, investigating the impact of innovation on the development of competitive advantages. Moreover, the present study adopts a multidimensional approach that has never been explored in the existing innovation literature, making the examination of the proposed conceptual framework an interesting research topic.

scholarly journals A perfect symbiosis: Curaçao, the Netherlands and financial offshore services, 1951–2013

2021 ◽  
pp. 1-29
Author(s):  
Tijn van Beurden ◽  
Joost Jonker
Keyword(s):  
United States ◽  
The Netherlands ◽  
Competitive Advantage ◽  
Tax Avoidance ◽  
The United States ◽  
Tax Treaties ◽  
Gradual Decline ◽  
Western Countries ◽  
Financial Centre ◽  
The One

Analysing Curaçao as an offshore financial centre from its inception to its gradual decline, we find that it originated and evolved in close concert with the demand for such services from Western countries. Dutch banks and multinationals spearheaded the creation of institutions on the island facilitating tax avoidance. In this they were aided and abetted by their government, which firmly supported the Antilles in getting access to bilateral tax treaties, notably the one with the United States. Until the mid 1980s Curaçao flourished, but then found it increasingly difficult to keep a competitive advantage over other offshore centres. Meanwhile the Curaçao connection had enabled the Netherlands to turn itself into a hub for international revenue flows that today still feed both Dutch tax income and specialised financial, legal and accounting services.

scholarly journals The effects of greening the supplier and innovation on environmental performance and competitive advantage

2013 ◽  
Vol 7 (1) ◽  
Author(s):  
Unine Van den Berg ◽  
Jean-Pierre Labuschagne ◽  
Hugo Van den Berg
Keyword(s):  
South Africa ◽  
Competitive Advantage ◽  
Environmental Performance ◽  
Competitive Advantages ◽  
Latent Constructs ◽  
Confirmatory Factor ◽  
Environmental Goals ◽  
The City ◽  
Strength Of Association ◽  
Managerial Innovation

Companies in South Africa should realise the important influence of greening their suppliers and of innovation to achieve environmental goals and competitive advantages. In order to prove this, a questionnaire survey was conducted with 75 companies from 11 industries in the City of Johannesburg Metropolitan Municipality region, South Africa. A confirmatory factor analysis was done, followed by bivariate correlations to determine the strength of association between the latent constructs. Correlations between greening the supplier, innovation, environmental performance and competitive advantages were done. The research found that a green innovative process had a significant effect on environmental performance. Green managerial innovation further had a significant correlation with competitive advantage. The primary result of the study indicated that all the constructs positively related to each other, meaning that greening suppliers, by means of green innovation, leads to an enhanced environmental performance and to competitive advantages.

Pengaruh Hukum terhadap Lima Kekuatan Persaingan Terkait dengan Perumusan Strategi Bersaing Menurut Michael E. Porter

2021 ◽  
Vol 12 (1) ◽  
pp. 51-66
Author(s):  
Nugraha Pranadita ◽  
Ratih Hurriyati ◽  
Puspo Dewi Dirgantari
Keyword(s):  
Competitive Advantage ◽  
Business Performance ◽  
Warning System ◽  
Secondary Data ◽  
Cost Leadership ◽  
Industry Competition ◽  
The One ◽  
Generic Strategies ◽  
Competitive Forces ◽  
Laws And Regulations

There are five competitive forces that influence the Industry. Industry competition affects business performance, so companies must adapt to changing environments to maintain a competitive position. One of the ways to win the competition is to use a strategy. Strategy allows organizations to gain a competitive advantage from three different foundations namely: cost leadership, differentiation and focus. Strategic planning can help to develop an early warning system to avoid threats or develop strategies that can turn threats into profits for the company. Thus the strategy can maximize competitive advantage on the one hand, and can minimize the limitations of competing. The question is; How do laws and regulations affect Porter's five competitive forces and the three generic strategies? This research is a qualitative analytical descriptive study using secondary data, and the unit of analysis is the prevailing laws and regulations in Indonesia. The results of this study; consistently statutory regulations (laws) influence the five competitive forces and three generic strategies put forward by Porter.

FACTORS AFFECTING THE COMPETITIVE ADVANTAGES OF CITIMART

2014 ◽  
Vol 1 (4) ◽  
pp. 133-148
Author(s):  
Dr. Pham Hung Cuong ◽  
◽  
Nguyen Van Ngan ◽  
Keyword(s):  
Competitive Advantage ◽  
Market Economy ◽  
World Market ◽  
Marketing Strategies ◽  
High Rate ◽  
Business Strategies ◽  
Living Standard ◽  
Competitive Advantages ◽  
Factors Affecting ◽  
Fast Development

According to Porter (1985), in the market of competition, competitive advantage lies in the center of business activities of an enterprise. For this reason, one of the most important factors for any kind of business is to build or construct a good and stable competitive advantage. The wealth of a company cannot be durable if the company does not maintain its competitive advantage. Improving the competitive advantage is one of the first and foremost concerns of every business. In the process of integration, all economies have to try their best to fully compete with each other to gain the best. Among the economy sectors, the retail enterprises are of those who have to apply marketing strategies to strengthen their competitive advantage. With good and suitable marketing strategies, businesses can increase the number of their customer, have goods and products attractive to consumers and finally gain the expected profits. In Vietnam, the market economy started at the end of 1986, much later than the world market economy, so the application of competitive advantages from the macro level to micro level (here the enterprise level) has been slow. For the sector of retailing, especially supermarket retailing, the market scale of Vietnam is much smaller than that of other markets in the region. However, there are basic factors for a fast development in Vietnam such as: big population with the kind of young population, high rate of economic growth rate and non-stop improved living standard. That is the fact that the potential for retailing development in Vietnam is not small and supermarket business in the future is big. In Vietnam, especially in Ho Chi Minh market, there are quite a lot of supermarket chains which are in operation nowadays such as Co-op mart, Citimart, Maximart, B-smart, Shop&Go and so on? These supermarkets are trying their best to gain more customers. For this purpose, the researcher chose Citimart as a case study in this research. Citimart is one of most favorable supermarket in Ho Chi Minh. In this thesis, the researcher studies the factors affecting the competitive advantage of Citimart, and then find out the solutions for the policy makers to have good business strategies of Citimart.

Supply resource management: Salomon and his network of subcontractors in Romania

2017 ◽  
Vol 33 (2) ◽  
pp. 4-6
Author(s):  
Richard Calvi
Keyword(s):  
Supply Chain ◽  
Resource Management ◽  
Competitive Advantage ◽  
Strategic Decisions ◽  
Content Type ◽  
External Resources ◽  
Internal Resources ◽  
The One ◽  
Practical Implications

Purpose According to Christopher (2000), in a lot of sectors, the competition is a question of supply chain against supply chain. The winner in term of competitive advantage should be the one, who is able to obtain more than the competitor from the available resources. In strategic literature, Dyer and Singh (1998) are the first who introduced the concept of “relational competency” to explain why some companies gain their competitive advantage not directly from their internal resources but mainly because they are able better to combine external resources. Design/methodology/approach This paper is a case study. Findings The author describes the different phases and strategic decisions in the building of a real supplier eco-system. Research limitations/implications It is a sole case study. Practical implications This study is a description of a success story. Originality/value This study is a description of an external resource management in action.

scholarly journals Software administrativo y contable en el sector del vidrio y aluminio. Caso: Departamento de Caldas [Administrative and accounting software in glass and aluminum sector. Case: Caldas state]

2010 ◽  
Author(s):  
Gloria Lucía Cifuentes Holguín
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
Commercial Sector ◽  
Major Benefit ◽  
Frequent Use ◽  
Toma De Decisiones ◽  
Accounting Software ◽  
Potential Tool

Resumen Actualmente, el software administrativo y contable en el sector comercial es de uso frecuente entre las empresas. Sin embargo, la interpretación de la variable tecnológica en el subsector del vidrio y el aluminio es incipiente por las características mismas que la involucra. Por ser empresas tradicionales, no existe la cultura del software muy difundida y quienes la tienen, la subutilizan. Se maneja como un tema maquinal del proceso de la información, más no, para obtener un mayor beneficio de la tecnología a través de una potencial herramienta para propiciar ventajas competitivas, y facilitar los procesos de toma de decisiones dentro de la Empresa. Palabras ClaveSoftware administrativo y contable, Ventaja competitiva, Vidrio y aluminio   Abstract Nowadays, the administrative and accounting software in the commercial sector is of frequent use between the companies. Nevertheless, the interpretation of the technological variable in the subsector of the glass and the aluminum is incipient for the characteristics themselves that it involves her. For being traditional companies, the culture of the software does not exist much spread and those who have it, they sub-use it. It´s managing as a mechanical topic of the process of the information, more not, to obtain a major benefit of the technology across a potential tool to propitiate competitive advantages, and to facilitate the processes of capture of decisions inside the company. Keywords Administrative and accounting Software, Competitive Advantage, Glass and aluminum.

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