Concepts of National Competitiveness

2008 ◽  
Vol 9 (1) ◽  
pp. 91-112 ◽  
Author(s):  
Thomas Berger
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Firm Level ◽  
National Competitiveness ◽  
Absolute Concept

Today, many governments follow a strategy of national competitiveness for fostering economic development. However, there is no accepted theory of national competitiveness but just different concepts behind these policies. This article aims to provide an overview of the different concepts of national competitiveness, starting with a look at firm level competitiveness. The article distinguishes between four special concepts of national competitiveness and approaches of competitive advantage. It is argued that national competitiveness should be seen as a relative rather than an absolute concept that allows for a benchmarking of nations.

The Role of Entrepreneurial Performance in Supporting Economic Development of Countries: An Empirical Approach

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Progress ◽  
Entrepreneurial Performance ◽  
Panel Data Estimation ◽  
Positive Effects ◽  
National Competitiveness ◽  
Key Factor ◽  
Future Economic Development

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.

scholarly journals Entrepreneurship and Strategic Management: A Critical Analysis on these Paradigms' Relationship

Pravaha ◽  
2020 ◽  
Vol 26 (1) ◽  
pp. 73-80
Author(s):  
Gyanendra Bikram Shah
Keyword(s):  
Economic Development ◽  
Strategic Management ◽  
Competitive Advantage ◽  
Critical Analysis ◽  
Parental Perspectives

The purpose of this study is to provide a better understanding of the arguments concerning the various views provided by different academics in the fields of entrepreneurship and strategic management and then to find a position in which practice is generally agreed on by the divisions. The researcher examined the fundamental theories of the two paradigms of entrepreneurship and strategic management and also examined existing literature submitted by scholars in the fields who tried to look at the intersection of the two paradigms. This post, however, aims to highlight the need to see the two disciplines as being similar from various parental perspectives. Literature on each of the paradigms was checked to provide a better understanding of them. The researcher was able to consider such intersecting variables, such as culture, which was seldom stressed as a factor influencing the opportunity-seeking conduct of an entrepreneur and competitive advantage-seeking activities to create wealth and ensure the economic development and survival of an organization.

scholarly journals Analysis of Influence of Micro Small and Medium Enterprises (MSMEs) Development as a Competitive Advantage to Creative Economic Development

2018 ◽  
Author(s):  
Bunga Aditi ◽  
SOPI PENTANA
Keyword(s):  
Economic Development ◽  
Data Analysis ◽  
Competitive Advantage ◽  
Path Analysis ◽  
Significant Influence ◽  
Small And Medium Enterprises ◽  
Creative Economy ◽  
Analysis Method ◽  
Research Results ◽  
Medium Enterprises

The purpose of this research is to analyze the influence of MSME development as competitive advantage toward creative economic development in Medan city. Data analysis method used in research is path analysis. Simultaneously, the research results of MSME Development and Competitive Advantage have a positive and significant effect on creative economy. Partially, the Influence of MSME Development has positive and significant influence to creative economy. Partially Competitive advantage positively and significantly influences the creative economy. The development of MSME has a positive and significant impact on competitive advantage. Indirectly MSME development positively affects the creative economy through competitive advantage

scholarly journals A Multi-Criterion Analysis of Cross-Strait Co-Opetitive Strategy in the Crystalline Silicon Solar Cell Industry

2014 ◽  
Vol 2014 ◽  
pp. 1-11
Author(s):  
Hsiao-Chi Chen ◽  
Chia-Han Yang
Keyword(s):  
Solar Cell ◽  
Strategic Alliances ◽  
Silicon Solar Cell ◽  
Crystalline Silicon ◽  
Domestic Market ◽  
Crystalline Silicon Solar Cell ◽  
Risk Capital ◽  
Firm Level ◽  
National Competitiveness ◽  
Criterion Analysis

The research adopts multi-criterion analysis to face cross-strait cooperative and competitive (co-opetitive) strategies problem in the crystalline silicon solar cell industry between Taiwan and China. The analysis framework is based on the national competitiveness. The Analytical Hierarchy Process (AHP) approach and TOPSIS analysis are applied to analyze firm-level data, gathered from the solar cell companies across the Taiwan Strait. For the Taiwanese firms, their relative national competitiveness lies in technology development, domestic market, international competition in related industries, and subsidy policy. For the Chinese firms, domestic market, procurement conditions, customization, intellectual resources, risk capital, and human quality are found to be their competitive advantages. Both China and Taiwan have entered into the emerging solar cell industry, with an aim to climb beyond the ladder of catch up. The results have shown that Taiwan and China can explore the possibility of forging strategic alliances by exploiting national competitiveness on the demand side. Above all, the paper has managed to spotlight demand conditions as the crucial factors for China and Taiwan to enhance their international competitiveness in the emerging solar cell industry.

Social Capital and Micro-Entrepreneurship

2020 ◽  
pp. 133-156
Keyword(s):  
Social Capital ◽  
Economic Development ◽  
Competitive Advantage ◽  
Social Capital Theory ◽  
Capital Theory ◽  
Standards Of Living ◽  
The Status ◽  
The Relationship ◽  
Micro Enterprises

Social capital has been proven in many studies to correlate with economic development and increment in standards of living in a collective manner. This chapter presents a brief description regarding social capital and micro-enterprises that narrowly focuses on the relationship between social capital theory and entrepreneurship. The chapter further portrays the varied dimensions of social capital followed by the status of social capital from the Malaysian perspective. Finally, the chapter ends with a discussion on the effect of social capital on competitive advantage, which has been presumed to be the most important aspect for micro-enterprises.

SMEs and E-Business

2013 ◽  
pp. 97-117
Author(s):  
Mário Pedro Leite de Almeida Ferreira
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Resource Availability ◽  
Implementation Strategies ◽  
Theoretical Models ◽  
Critical Issue ◽  
Comprehensive Analysis ◽  
Information And Communications Technology ◽  
External Support ◽  
Communications Technology

The adoption of E-Business by SMEs is a critical issue for economic development. More than 90% of world companies are SMEs and E-Business is widely recognized as a critical source of competitive advantage. Thus, it is important to understand why SMEs are lagging behind large firms in terms of E-Business adoption and assimilation. This chapter will attempt to search for explanations through a comprehensive analysis of main topics in terms of E-Business implementation, strategies and policy. It is believed that the inadequacy of existing E-Business adoption incentives and theoretical models may be due to SME specificity, as these companies are conditioned among other by resource availability and high CEOs/owners’ dependency. Empirical evidence shows that SMEs have erratic behaviors in terms of Information and Communications Technology (ICT) investment and need external support to integrate E-Business in the overall strategy of the firm.

Community and Advantage in the Effects Industry

2011 ◽  
pp. 162-183
Author(s):  
Paul F. Skilton
Keyword(s):  
Communities Of Practice ◽  
Competitive Advantage ◽  
Primary Sources ◽  
Competitive Environment ◽  
Archival Data ◽  
Firm Level ◽  
Organizational Contexts ◽  
The Social ◽  
Regional Clustering ◽  
Industry Network

This study explores the question of how the competitive environment, regional clustering and industry network structure influence the potential for developing firm level competitive advantage based on communities of practice. Paying attention to the context that communities of practice function in is important because only by doing so can we understand the conditions that constrain or facilitate the emergence of competitive advantage from them. Using the motion picture visual effects industry as the basis for a descriptive case, the study relies on primary sources and archival data to examine how managers can move toward competitive advantage by understanding communities of practice and the social, economic and organizational contexts in which they emerge.

scholarly journals The Competitive Advantage of Nations: origins and journey

2015 ◽  
Vol 25 (5) ◽  
pp. 458-470 ◽  
Author(s):  
Robert Huggins ◽  
Hiro Izushi
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Design Methodology ◽  
Cluster Theory ◽  
Unit Of Analysis ◽  
Content Type

Purpose – The purpose of this paper is to provide an understanding of the origins and journey of the fundamental ideas underpinning Michael Porter’s The Competitive Advantage of Nations as a means of assessing its influence. Design/methodology/approach – Drawing on a reflection of the book’s text and associated works by Porter, the paper shows how Porter’s thinking evolved from his earlier writings, as well as how his ideas went through further periods of development following the publication of The Competitive Advantage of Nations. Findings – The paper focuses on the emergence of Porter’s cluster theory and his growing acknowledgement of the role of innovation within processes of economic development. It shows how these concepts have provided a foundation for contemporary economic development practices. Also, the paper highlights how the fundamental concepts of Porter’s text have shifted from a unit of analysis focused on nations to one where subnational regions are the primary analytical unit. Originality/value – The paper concludes by suggesting that the nature of Porter’s conceptual insights is likely to ensure the long-term endurance of the fundamental lessons contained within The Competitive Advantage of Nations.

scholarly journals Innovation in Queensland Firms: Implications for the Smart State

2003 ◽  
Vol 10 (1) ◽  
pp. 89-101
Author(s):  
Jay Weerawardena
Keyword(s):  
Competitive Advantage ◽  
State Government ◽  
Innovation Policy ◽  
Business Environment ◽  
Policy Statement ◽  
Firm Level ◽  
Body Of Knowledge ◽  
Learning Capabilities ◽  
Policy Statements ◽  
Year 2000

The challenges in the business environment are forcing Australian firms to be innovative in all their efforts to serve customers. Reflecting this need there have been several innovation policy statements both at Federal and State government level aimed at encouraging innovation in Australian industry. In particular, the innovation policy statement launched by the Queensland government in the year 2000 primarily intends building a Smart State through innovation. During the last few decades the Australian government policy on innovation has emphasized support for industry R&D. However industry stakeholders demand a more firm-focused policy of innovation. Government efforts in this direction have been hindered by a lack of a consistent body of knowledge on innovation at the firm level. In particular the Australian literature focusing on firm level antecedents of innovation is limited and fragmented. This study examines the role of learning capabilities in innovation and competitive advantage. Based on a survey of manufacturing firms in Queensland the study finds that both technological and non-technological innovations lead to competitive advantage. The findings contribute to the theory competitive advantage and firm level antecedents of innovation. Implications for firm level innovation strategies and behaviour are discussed. In addition, the findings have important implications for Queensland government's current initiatives to build a Smart State through innovation.

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