scholarly journals SCIENTIFIC APPROACH TO ACHIEVING COMPETITIVE ADVANTAGES IN THE SPHERE OF WATER TRANSPORT OF UKRAINE

2021 ◽  
Vol 23 (2(79)) ◽  
pp. 63-75
Author(s):  
М.А. DEMIANCHUK ◽  
V.M. KOLOSOK ◽  
Yu.D. KOSTIUK
Keyword(s):  
Competitive Advantage ◽  
Water Transport ◽  
Value Chain ◽  
National Development ◽  
Transport Sector ◽  
Competitive Advantages ◽  
The European Union ◽  
Domestic Water ◽  
The World ◽  
Scientific Approach

Topicality. Ukraine is a maritime power and has an advantageous geographical position due to its location at the intersection of international transport routes. Water transport is one of the spheres of economic activity that can ensure an increase in the level of competitiveness of Ukraine at the international level, especially in the context of the strengthening of integration processes in the world and European economic systems. However, little attention is paid to the argumentation at the subregional level of the unique competitive advantages of water transport and effective relationships between all stakeholders in this area. The analysis of the literature indicates a sufficient theoretical substantiation of various issues of providing water transport in Ukraine, but they need to be clarified taking into account the peculiarities of the present.Aim and tasks. The purpose of the article is to substantiate the scientific approach to achieving competitive advantages in the field of water transport by determining the empirical and theoretical foundations and competitive advantages of water transport in Ukraine in modern conditions of development.Research results. It has been established that various scientists distinguish three main approaches to understanding the concept of “competitive advantage”: comparative, resource and value-competence. However, taking into account the peculiarities of the activity and development of water transport, in order to study its competitive advantages, the author proposes to consider its competitive advantages from the standpoint of the created value, in particular: as a unique or prevailing property (excellent qualities or special properties that are of increased value for the consumer), as the success of administration (cost reduction for organizational and managerial success), as competence (collective knowledge for a unique implementation), as a value chain (created benefits of a diverse nature). Therefore, the competitive advantage of water transport should be understood as the exclusive value that the sphere possesses and which gives it advantages over competitive countries at the subregional level. Taking into account the scale and hierarchy of the origin of the competitive advantages of the studied area, it was determined that they are influenced by a number of factors, the main of which are the national development strategies of Ukraine, the level of competitiveness of water transport enterprises and the degree of integration of domestic water transport into the world space. On the basis of studies of the volumes of formation of the surplus value of the structural indicators of the GDP of the countries of the European Union, the need to increase the competitive advantages of the water transport of Ukraine, which should be significant, visible, stable, unique and profitable, is economically substantiated. By the nature of the factor of influence, the authors singled out the geographical, political, economic, organizational and managerial, material and technical, innovation and information, marketing, social, infrastructural competitive advantages of the water transport of Ukraine and indicated the indicators on which they exert the greatest influence.Conclusion. A scientific approach to achieving competitive advantages in the field of water transport in Ukraine has been substantiated, the main goal of which is to ensure a balanced attraction and use of water transport resources, taking into account national characteristics and the influence of the external environment. The groups of factors and competitive advantages of the water transport of Ukraine have been determined, the achievement of which depends on the possibility and ability of their management, the significance for the water transport sector and the country as a whole, the priority of the implementation of strategic and operational tasks. However, achieving them and keeping them at a high level will make it possible to withstand external factors.

scholarly journals Competing in the Global Solar Photovoltaic Industry: The Case of Taiwan

2013 ◽  
Vol 2013 ◽  
pp. 1-11 ◽  
Author(s):  
Yu-Shan Su
Keyword(s):  
Solar Cell ◽  
Competitive Advantage ◽  
Value Chain ◽  
United States Of America ◽  
The United States ◽  
Solar Photovoltaic ◽  
Cost Advantage ◽  
Sequential Order ◽  
Large Size ◽  
The World

The top five solar cell supply countries in the world in sequential order are China, Taiwan, the United States of America, Japan, and Germany. The capacity of Taiwanese solar cell production is ranked top two in the globe. The competitive advantage of the Taiwanese electronics firms has facilitated the rapid developments to its solar photovoltaic industry. The Taiwanese solar photovoltaic industry possesses a large size and a complete value chain of upstream, midstream, and downstream sectors. In this study, I analyzed the trends and developments of the solar photovoltaic industry in Taiwan and in the globe. And I also investigated the positioning and competitive advantage of Taiwanese firms in the value chain of the global solar photovoltaic industry. I found that Taiwanese firms continue to have an important and indispensable role in the global solar photovoltaic industry by either differentiation or cost advantage.

scholarly journals STRATEGI COMPETITIVE ADVANTAGE UNTUK MEMBANGUN CITY BRANDING KOTA BATU SEBAGAI KOTA WISATA

IQTISHODUNA ◽  
2016 ◽  
Vol 10 (2) ◽  
pp. 89-98
Author(s):  
Uyunur Rochmawati Miladiyah ◽  
Slamet Slamet
Keyword(s):  
Competitive Advantage ◽  
Competitive Advantages ◽  
City Branding ◽  
Tourist Attractions ◽  
City Brand ◽  
The Public ◽  
Tourism Sector ◽  
The World ◽  
The Impact ◽  
The City

Globalization led to tough competition among cities around the world to win the competition toattract visitors and increase investment. Therefore, not only the company, the cities are also struggling tocreate uniqueness to gain an advantage in competition. It is very important to communicate the competitiveadvantages owned by these cities to the public and all parties to ensure the achievement of objectives. Citybranding is a method used to re-brand the city as identification which is expected to reflect the advantages aswell as its uniqueness. Therefore, in 2013 Shining Batu was introduced as a city brand wich expected to bereflect the competitive advantage of Batu City. The purpose of this study is to reveal aspects of the competitiveadvantages Batu City; strategies that are used in communicating it; as well as how big the impact of thecommunication strategy for the visitors Batu City. The paradigm of this research is qualitatively by case studydesign. Data were obtained by interview and documentation. The results showed that the Batu City has threeinterrelated aspects superior to one another that supports the creation of competitive advantages: geographicand agricultural sectors are packed in the development of the tourism sector. At the same time, the governmentdeveloped the program as a means of communicating Shining Batu and reflects the benefits of the city to thepublic. Shining Batu communicated through various forms of promotion that utilizes a wide variety ofcommunication tools; a variety of Tour Package; and held aa variety of routine and incidental events.Questionnaire showed that aim to dominate the number of respondents traveled, which consists of a visitor,where recreational tourist attractions types over a favorite choice than any natural attractions. Hotel is a topchoice for a place to stay. Most visitors make a visit to Batu City more than once.

Information Strategy as Enabler of Competitive Advantage

2014 ◽  
Vol 5 (1) ◽  
pp. 30-41 ◽  
Author(s):  
Neeta Baporikar
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Contextual Analysis ◽  
Innovation Strategy ◽  
Competitive Advantages ◽  
Information Strategies ◽  
Business Ecosystems ◽  
Comprehensive Manner ◽  
Quality And Reliability ◽  
Competitive Forces

Technology has been continuously improving, causing high business pressures that affect organizations' current and future competitiveness. Gaining competitive advantage is critical for organizations. Among the various resources which organizations deploy to succeed, information is identified as a crucial resource. The success of organizations depends on the decisions made and the excellence of decisions depends upon the quality and reliability of information. If this be so, then information strategies need to be designed and implemented in a comprehensive manner so that the organizations derive competitive advantage. Based on an in-depth literature review and contextual analysis, this paper will review competitive forces and competitive information systems strategies for gaining competitive advantages, explain concepts of value chain, business ecosystems and discuss innovation strategy.

The power of impossible

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alexandre Asselineau ◽  
Gilles Grolleau
Keyword(s):  
Competitive Advantage ◽  
Mental Model ◽  
Design Methodology ◽  
Competitive Advantages ◽  
Content Type ◽  
Inappropriate Use ◽  
The World ◽  
Sustainable Competitive Advantages ◽  
Practical Implications ◽  
A Current

Purpose Labeling something as “impossible” can be performative and deprive businesses from promising ideas, by activating limiting mental models and self-fulfilling prophecies. Adopting an “everything may be(come) possible” thinking as the default option can lead businesses to discover unexpected and valuable directions and make the world a better place. This paper aims to propose practical insights to harness the power of “impossible” thinking such as considering impossibility as a current and temporary state, adopting an unconventional mindset and redirecting the reflection on what is needed to make the idea possible. Falling in love with any impossible target is obviously not without downsides. Design/methodology/approach This paper discusses conceptually how adopting an impossible thinking approach can help business to discover unexpected and valuable directions. Findings The authors caution managers on the inappropriate use of the “impossible” label that can be performative, activate a limiting mental model, lead to a self-fulfilling prophecy and deprive businesses from promising ideas. This paper proposes ways by which the power of impossible thinking can be harnessed to make a difference. Research limitations/implications Discarding impossible ideas seems perfectly justified from a logical or cultural viewpoint while constituting simultaneously a bad decision from a business viewpoint. The generalization of authors’ insight must be undertaken with caution, given that harnessing the power of impossible does not mean to fall in love with any impossible idea. Practical implications Learning to not neglect seemingly impossible options and sometimes to reveal them can lead to sustainable competitive advantages. Social implications While generating a competitive advantage for the concerned companies, implementing impossible ideas can also contribute to make the world a better place. Originality/value The authors identify some mechanisms that can make impossible thinking beneficial and profitable for companies. These insights can help managers to nurture an environment that facilitates the emergence of pathbreaking advances.

scholarly journals Performane and Competitiveness of Indonesian Nutmeg in Export Market

2021 ◽  
Vol 232 ◽  
pp. 02018
Author(s):  
Helena Juliani Purba ◽  
Eddy Supriadi Yusufi ◽  
Juni Hestina
Keyword(s):  
Competitive Advantage ◽  
Foreign Exchange ◽  
Analytical Method ◽  
World Market ◽  
Export Market ◽  
Competitive Advantages ◽  
Fast Growing ◽  
The World ◽  
Export Destination ◽  
Export Product

Export is one source of foreign exchange earnings for the country. This study analyzes the competitiveness of Indonesian nutmeg in the world market. Measurement of competitiveness was conducted by looking at the comparative and competitive advantages nutmeg products in each of the main markets for export and comparison with competitors. The analytical method uses Revealed Comparative Advance (RCA) and Export Product Dynamic (EPD) in the period 2014-2018. The competitiveness analysis results show that nutmeg and nutmeg powder products have competitiveness in all export destination markets. Competitor countries, namely India, do not have competitiveness in the Dutch and Japanese markets. The nutmeg commodity has a competitive advantage with the trend and the share of exports that are still growing (fast-growing). However, nutmeg powder is no longer competitive in the export destination market. Active efforts to find new markets through market diversification while maintaining existing markets can be an option to increase Indonesian nutmeg exports.

scholarly journals CONTRIBUTION OF TRANSPORT SERVICES TO BULGARIA'S ECONOMIC DEVELOPMENT

2019 ◽  
Vol 31 (1) ◽  
pp. 135-141
Author(s):  
Galina Zaharieva ◽  
Karina Sarkisyan-Dikova ◽  
Zdravko Lyubenov
Keyword(s):  
European Union ◽  
Economic Development ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Substantial Part ◽  
The European Union ◽  
Full Member ◽  
Transport Services ◽  
Regular Production ◽  
The World

Transport is considered one of the key sectors in terms of economic development. The quality of transport services and transport infrastructure is essential for the growth of the economy, the regular production operations in other sectors of the economy, and the satisfaction of people’s needs. As a full member of the European Union (EU), Bulgaria is committed to adopt and implement all of its internal policies and regulations, including those in the field of transport. Over the last two decades, the Community's efforts have been directed at building a well-functioning single European transport area, a transport system that is competitive and at the same time satisfies the contemporary social and environmental requirements. Therefore, a number of legislative changes concerning all modes of transport (rail, air, road and water) have been made. They all have a certain effect for the sector on a pan-European and national scale as well as for its contribution to economic development.The main objective of this paper is to analyze the contribution of transport services to the economic development of Bulgaria. The analysis is based on statistical data from various sources, such as the World Trade Organization (WTO), the World Bank, Eurostat and the National Statistical Institute of Bulgaria. These statistics include the number of persons employed in the sector, the national GDP level, and the volumes of export and import of goods and services. The analysis covers the period 2005-2017, which includes years from Bulgaria’s pre-accession and post-accession period.The results from the analysis show that transport services are a substantial part of the services sector in the country. During the investigated period the actual volumes of both exports and imports of transport services are increasing, while in relative terms the trend is different. A substantial part of the employed persons In Bulgaria are engaged in the sector of transport services – in 2017 they were 210.6 thousand, or 6.7% of all employed persons. Comparatively, according to data from Eurostat, this sector in the European Union provided employment for about 11 million people in 2016, which is more than 5% of the total employment in the Union. The paper also discusses the European regulations concerning the transport sector and the benefits from its development.

Role of machine learning in changing social and business eco-system – a qualitative study to explore the factors contributing to competitive advantage during COVID pandemic

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hishan S. Sanil ◽  
Deepmala Singh ◽  
K. Bhavana Raj ◽  
Somya Choubey ◽  
Narinder Kumar Kumar Bhasin ◽  
...  
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Growth Rate ◽  
Competitive Advantage ◽  
Computer Technology ◽  
Small Businesses ◽  
Competitive Advantages ◽  
Business Analytics ◽  
Content Type ◽  
The World

Purpose “Machine learning (ML)” in business aids in increasing company scalability and boosting company operations for businesses all over the world. “Artificial intelligence (AI)” technologies and several “ML” algorithms have grown in prominence in the business analytics sector. In the era of a huge quantum of data being generated by the virtue of the integration of the various software with the business operations, the relevance of “ML” is continuously increasing. As a result, companies may now profit from knowing how companies may use “ML” and incorporating it into their own operations. “ML” derives useful results from the data to address very dynamic and difficult social and business problems. ML helps in establishing a system that learns automatically and produces results in less time and effort, allowing machines to discover. ML is developing at a breakneck pace, fuelled mostly by new computer technology to competitive advantages during the COVID pandemic. Design/methodology/approach For firms all around the world, “ML” in business aids in expanding scalability and boosting operations. In the field of business analytics, artificial intelligence (AI) and machine learning (ML) algorithms have become increasingly popular. The importance of “ML” is growing in an era when a massive amount of data is generated as a result of the integration of various applications with company activities. As a result, businesses can now benefit from understanding how other businesses are using “ML” and adopting it into their own operations. In order to handle very dynamic and demanding societal and business challenges, machine learning (ML) extracts valuable results from data. Machine learning (ML) aids in the development of a system that learns automatically and generates outcomes with less time and effort, allowing machines to discover. ML is progressing at a dizzying pace, fueled primarily by new computer technology and used to gain competitive advantages during the COVID pandemic. Findings According to a new study published by the Accenture Institute for High Performance, “AI” might double yearly economic growth rates in several wealthy nations by 2035. With broad AI deployment, the yearly growth rate in the USA increased from 2.6% to 4.6%, resulting in an extra $8.3tn. In the UK, AI may contribute $814bn to the economy, raising the yearly growth rate from 2.5% to 3.9%. The authors are already in a business period when huge technological development is assisting us in addressing a variety of difficulties to achieve maximum development. AI technology has enormous developmental consequences. In addition, big data analytics is helping to make AI more enterprise ready. Future developments in “ML” cannot be understated. Machines will very certainly eventually be smarter than humans in practically every way. Originality/value The introduction of AI into the market has enabled small businesses to use tried-and-true strategies for achieving greater business objectives. AI is continually offering a competitive advantage to start-ups, whilst large corporations provide a platform for building novel solutions. AI has become an integral component of reality, from functioning as a robot in a production unit to self-driving automobiles and voice activated resources in complex medical procedures. As a consequence, solving the difficulties highlighted below and finding out how to collaborate with robots will be a constant problem for the human species (Sujaya and Bhaskar, 2021).

The competitive advantages of emerging market multinationals: a re-assessment

2015 ◽  
Vol 11 (3/4) ◽  
pp. 216-235 ◽  
Author(s):  
Peter J. Williamson
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Emerging Market ◽  
Chain Structure ◽  
Global Market ◽  
Global Value Chain ◽  
Competitive Advantages ◽  
Content Type ◽  
Emerging Market Multinationals ◽  
Bric Countries

Purpose – The purpose of this paper is to re-assess both the nature and sources of the competitive advantages which multinationals expanding from home bases in emerging economies (EMNEs) may enjoy in the global market. Design/methodology/approach – The paper analyses the results of 12 concurrent studies undertaken by a group of experts who were asked to examine how strategies for innovation, international value chain configuration and foreign mergers and acquisitions contributed to the competitive advantages of multinationals emerging from Brazil, Russia, India and China (the BRICs), respectively. Findings – EMNEs do have competitive advantages that can underpin their expansion abroad, but these are mainly “non-traditional” advantages that have been built by finding innovative ways to leverage advantages of their home countries. EMNE’s internationalisation is as much about accessing new resources and knowledge to enable them to extend their competitive advantage, as it is a route to exploiting existing advantages over a larger set of markets. As a result, the global value chain structure of EMNEs tends to be fundamentally different from that chosen by incumbent multinationals. Research limitations/implications – The study is limited to EMNEs from the BRIC countries, but implications for EMNEs emerging from other countries are discussed. Originality/value – We bring to bear extensive data and a systematic approach to understanding the new breed of multinationals emerging from the BRIC countries; their sources of competitive advantage; and how they are using innovation, foreign investment and overseas acquisitions to transform global competition.

Industry 4.0 as the Last Industrial Revolution and Its Opportunities for Developing Countries

2021 ◽  
pp. 1113-1128
Author(s):  
Egemen Hopali ◽  
Özalp Vayvay
Keyword(s):  
Developing Countries ◽  
Competitive Advantage ◽  
Emerging Economies ◽  
Value Chain ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Business Partners ◽  
The World ◽  
New Perspective

In this chapter, better understanding of Industry 4.0 is presented by investigating the role of different technologies and business partners on success of Industry 4.0. Enablers for smart factory are discussed in detail, and how to match these enablers with value chain partners of Industry 4.0 are identified as a new perspective on Industry 4.0. Furthermore, the aim of this chapter is to present actions to be taken from the point of the emerging economies to sustain and increase competitive advantage by catching and implementing Industry 4.0. Consequently, Industry 4.0 can enable developing countries to get a bigger slice of the world manufacturing value chain.

Basis for Competitive Advantage in the Different Application Domains

2018 ◽  
pp. 110-145
Author(s):  
Göran Roos
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Marine Macroalgae ◽  
Competitive Advantages ◽  
Operating Environment ◽  
A Company

A competitive advantage can be defined as a condition or circumstance that puts a company in a favorable or superior business position as compared to its competitors. Competitive advantages can be treated within the firm or grounded in an advantage existing in the firm's operating environment. In looking at South Australia's competitive advantage as it relates to the macroalgae value chain, we can see that it has a reputation of unpolluted costal land and waters that is ideal for the cultivation of marine macroalgae. This chapter explores that competitive advantage.

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