Determinants of sustainable competitive advantage from resource-based view: implications for hotel industry
Journal of Hospitality and Tourism Insights
ISSN: 2514-9792
Article publication date: 1 January 2021
Issue publication date: 21 January 2022
Abstract
Purpose
This study examines the relationship between absorptive capacity, team culture, competitive intelligence awareness and entrepreneurial behavior with strategic flexibility and sustainable competitive advantage and further investigates the moderating influence of innovativeness on the relationship between strategic flexibility and sustainable competitive advantage in the hotel industry.
Design/methodology/approach
The current study applied a quantitative research method to collect data from five-star and luxury hotel management staff in Malaysia, using questionnaire surveys. A total of 550 questionnaires were distributed, and the researcher received 457 valid questionnaires. The hypotheses were tested using the SEM (structural equation modeling) analytical technique.
Findings
The salient findings of this research are (1) absorptive capacity, team culture and competitive intelligence awareness have a significant impact on strategic flexibility and sustainable competitive advantage, (2) entrepreneurial behavior has an insignificant effect on strategic flexibility and sustainable competitive advantage, (3) strategic flexibility has a significant impact on sustainable competitive advantage, (4) innovativeness actively moderates on the relationship between strategic flexibility and sustainable competitive advantage.
Research limitations/implications
The study described here introduces a sustainable competitive advantage as a new and dynamic approach to explore how its outcomes or performance can be enhanced in the hotel industry. The outcomes of sustainable competitive advantage can help the long-term survival of hotels.
Originality/value
The present study suggests and explains the role of sustainable competitive advantage in the hotel industry and offers new insights into the competitive hotel industry's gaps and weaknesses.
Keywords
Citation
Hossain, M.S., Hussain, K., Kannan, S. and Kunju Raman Nair, S.K. (2022), "Determinants of sustainable competitive advantage from resource-based view: implications for hotel industry", Journal of Hospitality and Tourism Insights, Vol. 5 No. 1, pp. 79-98. https://doi.org/10.1108/JHTI-08-2020-0152
Publisher
:Emerald Publishing Limited
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