scholarly journals Relational knowledge and governance choices: A view within resource-based theory perspective

2011 ◽  
Vol 9 (1) ◽  
pp. 392-404 ◽  
Author(s):  
Valentina Della Corte ◽  
Mauro Sciarelli

The paper is a theoretical paper, focused on the analysis of the intangible and cognitive content of inter-firm relationships, according to Knowledge Based View (Kogut and Zander, 1992; Foss, 1993, 1996; Nonaka, 1994; Grant, 1996, Teece, 1998). In particular, the issue is examined taking into account two main approaches on learning and knowledge creation: the exploration/exploitation model (March, 1991) and the model based on the concept of absorptive capacity (Cohen and Levinthal, 1990). These approaches are analyzed critically, with specific reference to inter-firm collaboration, taking into account also contributions within the so called Relational View (Gulati, 1998; Dyer and Singh, 1998; Kale and Singh, 1999, 2007; Kale, Dyer and Singh, 2002), according to which the social aspect of the relationship between the firm and its external environment is a central question. The basic assumption is that external relationships can generate knowledge and competences that are potentially able to generate relational rents (Dyer and Singh, 1998), important not only for the single firm but also for the whole aggregate (alliance, rather than network) it belongs to. Then a systemic logic comes out, according to which partners interact, exchange knowledge and resources, through different governance models, in order to reduce relational costs and gain the most intense synergic effects. The problem is, however, that such a profitable collaboration does not seem to be so widespread and in some cases networks fail because of the lack of coordination mechanisms. From this point of view, a governance entity can be necessary or at least appropriate (Kale, Dyer and Singh, 2002). Therefore, the aim of the paper is to verify: the role of relational knowledge within and between networks, in order to gain sustainable competitive advantage. In this direction, also the relationship between knowledge view and resource-based theory is analyzed, considering the former to complete and enrich the latter; if governance choices regarding relational knowledge can be themselves sources of competitive advantage.

2021 ◽  
Vol 12 (3) ◽  
pp. 34
Author(s):  
Muayad Abdulkareem Shakir Al-naqeeb ◽  
Imad Khaleel Ismael

This study seeks to analyze the factors causing organizational silence and the impact of this on the sustainable competitive advantage of organizations, The researchers used the descriptive approach, being the best approach from the researchers' point of view, to clarify the relationship between the research variables and the achievement of the study objectives, The Electric Industries Company was chosen to understand the reality of organizational silence and analyze what is required in order to make the necessary recommendations that can contribute to sustaining the company's competitive advantage and reducing the phenomenon of organizational silence and its effects. The results of research confirmed the inverse correlation between organizational silence and the sustainable competitive advantage, also that the organizational silence has a negative effect on the sustainable competitive advantage.   Received: 11 February 2021 / Accepted: 20 April 2021 / Published: 17 May 2021


2007 ◽  
Vol 11 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Jasmine Y.W. Tay ◽  
Linda Tay

The property development business is often regarded as one of high risk and return. As such, developing a competitive advantage is critical. Extant literature suggests that market orientation is a form of sustainable competitive advantage for businesses. This paper is an attempt to test this relationship with specific reference to a high risk business such as property development. A market orientation scale is developed to measure the degree of market orientation in property development firms. The results show that there exists a significant positive relationship for two specific dimensions of market orientation, i.e., profit orientation and responsiveness with business performance and marketing performance. Furthermore, empirical findings showed that the relationship between market orientation and marketing performance was stronger than with business performance. Rinkos orientacija ir nekilnojamojo turto plėtros verslas Singapūre Santrauka Nekilnojamojo turto plėtros verslas dažnai laikomas itin rizikingu ir pelningu. Todėl būtina įgyti konkurencini pranašumą. Dalykinėje literatūroje rašoma, kad rinkos orientacija ‐ tai subalansuoto konkurencinio pranašumo forma versle. Straipsnyje mėginama ši ryši patikrinti, nagrinėjant būtent itin rizikinga verslą, tokį kaip nekilnojamojo turto plėtra. Sukurta rinkos orientacijos skale, kuria remiantis matuojamas rinkos orientacijos laipsnis nekilnojamojo turto plėtros firmose. Rezultatai rodo, kad yra nemažas teigiamas ryšys tarp dviejų konkrečiu rinkos orientacijos aspektu, t. y. orientacijos į pelną ir reagavimo i verslo rezultatus bei i rinkodaros rezultatus. Be to, empirines išvados rodo, kad rinkos orientacijos ryšys su rinkodaros rezultatais yra stipresnis nei su verslo rezultatais.


2011 ◽  
Vol 22 (3) ◽  
Author(s):  
Terry R. Adler ◽  
Gabriel D. Isaacs ◽  
Robert L. Steiner

<p class="MsoNormal" style="text-align: justify; margin: 0in 34.2pt 0pt 0.5in;"><span style="font-size: x-small;"><span style="font-family: Times New Roman;"><span style="mso-bidi-font-size: 10.0pt; mso-bidi-font-weight: bold;">Organizations that successfully outsource may see better value-creation in creating a sustainable competitive advantage.<span style="mso-spacerun: yes;">&nbsp; </span>The objectives of this study were threefold:<span style="mso-spacerun: yes;">&nbsp; </span>a) provide a framework for studying the effects of perceived distrust that leads to dominance, b) analyze how opportunism parlays into the concept of dominance, and c) determine if the relationship between outsource partners varies by analyzing transaction characteristics.<span style="mso-spacerun: yes;">&nbsp; </span></span><span style="mso-bidi-font-size: 10.0pt;">Our research shows that firms should take caution to fully understand the effects that contract size has on a firm&rsquo;s resources.<span style="mso-spacerun: yes;">&nbsp; </span><span style="mso-bidi-font-weight: bold;"></span></span></span></span></p>


Author(s):  
Sulaiman Olusegun Atiku ◽  
Ziska Fields

The ability to envision future business opportunities, make adequate preparations, take decisive decisions, and influence other stakeholders towards attainment of set objectives is essential for those in leadership positions. This chapter examines the relationship between global psychological capital and business sustainability. A literature review was conducted on the link between global psychological capital and business sustainability. This study revealed that global psychological capital and firm's innovation are important factors determining the position of a corporation in any industry. An update of global mindsets and positive psychological states of those in management positions will determine the ability to lead workforce creativity and drive firm innovation, thereby culminating into sustainable competitive advantage.


Author(s):  
Kijpokin Kasemsap

This chapter describes the concepts of job satisfaction and organizational commitment; the relationship between job satisfaction and organizational commitment; the significance of job satisfaction in the global workplace; and the significance of organizational commitment in the global workplace. Job satisfaction is important from the perspective of maintaining appropriate employees within the organization. Organizational commitment plays an essential role in determining whether employees will stay with the organization and enthusiastically work toward organizational goals. Retention of employees is one of the most significant outcomes of organizational commitment. The chapter argues that encouraging job satisfaction and organizational commitment has the potential to increase organizational performance and gain sustainable competitive advantage in the global workplace.


2020 ◽  
Vol 41 (5) ◽  
pp. 47-56 ◽  
Author(s):  
Gajendra Liyanaarachchi

Purpose This paper aims to demonstrate how building competency in privacy can be used to transform the corporate strategy to generate a sustainable competitive advantage. A novel framework is presented as a guide to redesigning strategy by striking a balance between customer expectation and organizational objectives. In doing so, the paper offers four possible outcomes of accommodation, accumulation, association and affiliation, providing illustrations to each scenario for strategy formulation. Design/methodology/approach The relationship between privacy paradox and corporate strategy was examined through a qualitative research study. The author conducted 30 in-depth interviews on grounded theory methodology investigating customer insights on the nature and extent of privacy protection associated with e-commerce and organizational approach. Findings The customers are dissatisfied with existing data security strategies adopted by firms in protecting privacy. The over-reliance on systems has negatively influenced the communication between the organization and customers, leading to a possible competitive disadvantage. The firms need to redesign privacy strategy shifting from a system-driven approach to providing personalized service. Originality/value This paper presents a novel framework the privacy strategy matrix (PSM), introducing privacy as a strategic expedient in transforming corporate strategy facilitating privacy protection as a metaphor for differentiation. PSM framework provides a standard to evaluate the effectiveness of the corporate strategy in managing privacy manifesting a path toward deriving a sustainable competitive advantage.


2018 ◽  
Vol 7 (3.20) ◽  
pp. 119
Author(s):  
Fadillah Ismail ◽  
Ainul Mardhiyah Nor Aziz ◽  
Wan Md. Syukri Wan Mohamad Ali ◽  
Halimah Mohd Yusof

The time constraint to concentrate on human resource management and lack of knowledge for the key strategic management of human resource would constrain the expand of the needs for its execution. The objective or motivation behind this study is to investigate the relationship and practice of strategic human resource management, the awareness of the exploration on strategic human resource management improves and professional conduct on waste management in organization. This investigation enhances to the logical group of research to fill the gap that as of now exists in organization. Waste management is chosen as the concentration of this investigation in relationship between strategic human resource management and sustainable competitive advantage. Thus, this research is important to manager’s level and academia for benefit table to business settings further enhancement.  


2018 ◽  
Vol 154 ◽  
pp. 01059 ◽  
Author(s):  
Bambang Purwanggono ◽  
Yohana Aeria Damyana

Innovation is a strategy for the electronics industry to create a sustainable competitive advantage, in the midst of a rapidly changing environment with all its complexity. Seven AT program as an effort for PT. Hartono Istana Teknologi (Polytron) into enterprise knowledge, will accelerate the innovation process, combined with good organizational technical knowledge management. Organizational technical knowledge will be instrumental in innovation capabilities properly if there is an internal R & D activities that support and absorptive capacity as a mediator. This study reviewed the organizational technical knowledge influence to innovation capability, the influence of R & D activities to organizational technical knowledge, as well as the role of absorptive capacity as a mediator. The study was conducted by distributing questionnaires to 130 employees of PT. Hartono Istana Teknologi. Data processing was conducted using SEM. The results showed that the absorptive capacity mediate the relationship between R & D activities and organizational technical knowledge by 51%, and organizational technical knowledge affect innovation capabilities by 64%.


2015 ◽  
Vol 20 (2) ◽  
pp. 42-48
Author(s):  
Emanoil Muscalu ◽  
Alexandru Rizescu ◽  
Alexandru Marius Rizescu

Abstract The economic context in the recent years has undergone major changes in modern methods and techniques used in management. The current competitive environment is characterized by permanent turbulences influencing firstly the managerial act itself. Out of the many methods and techniques applied so far, some turn out to be less adaptable to the current economic and social context. In the same train of ideas, the organizations always looking for sources of competitive advantage have the tendency of applying innovation and the new in the field. Another trend noted in the current management is that of going towards using operational management methods that enable the replacement of the current descriptive empirical management with certain regulatory and scientific methods. From this point of view the study aims to highlight the competitive advantage generated by applying the participative management as a management method used within the organizations in order to obtain a better efficiency of the economic activities.


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