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Book part
Publication date: 1 March 2023

Olga B. Digilina, Daria V. Lebedeva and Ivan A. Konstantinov

This chapter explores the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. This analysis enables us to substantiate the elements of…

Abstract

Purpose

This chapter explores the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. This analysis enables us to substantiate the elements of national economic competitiveness and, subsequently, build strategies to increase the competitiveness of economic agents in world markets.

Design/Methodology/Approach

The authors use systemic, historical, adaptive and synergetic methods. Moreover, the authors apply structural and functional analysis, empirical generalisation and grouping. The research object is the transformation of the concept of competition.

Findings

Under the conditions of digitisation, geopolitical aggravation, geo-economic factors, and more general scientific and technological progress, competition becomes a dynamic process and transforms into an endogenous component of the market environment, which stimulates change in economic entities.

Originality/Value

Competitiveness is a diverse economic concept that encompasses mechanisms of interactions and interrelations of economic entities, multi-level economic coordination apparatus and competitive advantages that help achieve economic goals. Nevertheless, contemporary definitions of competitiveness are unclear because of its scale and the simultaneous need for its application to entire nations. Consequently, this research analyses the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. Moreover, the research identifies and substantiates the main elements of the national economic competitiveness of Russia. The research findings facilitate future micro- and meso-level research on strategies for managing and transforming the national economy.

Details

Game Strategies for Business Integration in the Digital Economy
Type: Book
ISBN: 978-1-80262-845-6

Keywords

Article
Publication date: 20 March 2024

Amit Kumar, Saurav Snehvrat, Prerna Kumari, Priyanka Priyadarshani and Preyaan Ray

Corporate social responsibility (CSR) is viewed as a differentiating strategy that wins over stakeholders’ confidence. Due to the potential strategic and positive effects on…

Abstract

Purpose

Corporate social responsibility (CSR) is viewed as a differentiating strategy that wins over stakeholders’ confidence. Due to the potential strategic and positive effects on businesses, the study of CSR and its relationship to competitiveness has gained relevance. While studies have examined the impact of CSR activities on firm competitiveness, the findings so far remain contradictory. Further research on the underlying processes/mechanisms that explain how CSR contributes to competitiveness remains scarce. Accordingly, this study aims to look into the link between CSR and competitiveness with a focus on Asian business and management studies.

Design/methodology/approach

By using a bibliometric approach, this paper aims to provide a review of the state-of-the-art research on the linkage between CSR and competitiveness in Asian context. The sample for this research included all 538 studies from the period of 2001–2023 in the Scopus database. A bibliometric study included both co-occurrence and co-citation analysis.

Findings

The study’s findings made significant contributions by identifying seven distinct clusters of co-occurrences. Using co-citation, three journals-based co-citation clusters and another three authors-based co-citation clusters are identified. The findings show how processes/mechanisms such as – accountability, multi-stakeholder dialogue/engagement, resource generation, emphasizing sustainable development goals and emerging markets, redefining strategy, cultivating value/vision and CSR leadership – are increasing in importance.

Practical implications

Overall, the authors argue that CSR-led competitiveness is indeed one of the key drivers for improved sustainability performance of a firm.

Originality/value

Based on findings, a conceptual framework has been proposed highlighting different processes and mechanisms that influence the CSR-led competitiveness – outcomes relationship.

Details

Journal of Asia Business Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1558-7894

Keywords

Article
Publication date: 31 January 2024

Fernando Luis Tam Wong, Enrique Alonso Castro Guzman and Eduardo Franco Chalco

The main objective of this study was to establish a model of competitiveness factors to measure the value of construction companies adequately.

Abstract

Purpose

The main objective of this study was to establish a model of competitiveness factors to measure the value of construction companies adequately.

Design/methodology/approach

A theoretical model of four main factors was developed, and they include human capital, ethical values, process innovation and financing. Information was collected from 18 construction companies in the city of Metropolitan Lima, collecting information on each of these factors. Through an analysis of the principal components, the weighting of each factor about the competitiveness of a construction company was determined.

Findings

The cost of person-hours, the cost of equipment to execute work, and the cost of materials used are the strongest indicators to measure the competitiveness of a construction company. On the other hand, the number of employees holding university degrees and the number of master builders holding technical degrees in the human capital factor also have a moderate weight in determining the competitiveness value of a company. The indicator of work delivered within the deadline also moderately affects competitiveness. Finally, the monthly debt payment indicator has a very small effect on the company’s competitiveness.

Originality/value

In conclusion, this study provides evidence of a competitiveness model with highly related factors on human capital, process innovation and ethical values as the most important in measuring competitiveness.

Propósito

El objetivo principal de la investigación fue establecer un modelo de factores de competitividad para medir adecuadamente el valor de las empresas constructoras.

Metodología

Se desarrolló un modelo teórico de cuatro factores principales, que incluyen el capital humano, los valores éticos, la innovación de procesos y el financiamiento. Se recolectó información de 18 empresas constructoras de la ciudad de Lima Metropolitana, recolectando información de cada uno de estos factores. A través de un análisis de componentes principales se determinó la ponderación de cada uno de ellos sobre la competitividad de una empresa constructora.

Resultados

El costo de horas hombre, el costo de los equipos para ejecutar obras y el costo de material utilizado son los indicadores más fuertes para medir la competitividad de una empresa constructora. Por otro lado, la cantidad de empleados con títulos universitarios y la cantidad de maestros de obra con título técnico del factor de capital humano también tienen un peso moderado en la determinación del valor de competitividad de una empresa. El indicador de obras entregadas dentro de plazo también tiene un efecto moderado sobre la competitividad. Finalmente, el indicador de pago mensual de la deuda tiene un efecto muy pequeño sobre la competitividad de la empresa.

Originalidad

En conclusión, el estudio proporciona evidencia de un modelo de competitividad con factores altamente relacionados sobre el capital humano, la innovación de procesos y los valores éticos como los más importantes a la hora de medir la competitividad.

Details

Academia Revista Latinoamericana de Administración, vol. 37 no. 1
Type: Research Article
ISSN: 1012-8255

Keywords

Open Access
Article
Publication date: 23 February 2024

Anna Róza Varga, Norbert Sipos, Andras Rideg and Lívia Lukovszki

The purpose of this paper is to identify the differences between Hungarian family-owned businesses (FOBs) and non-family-owned businesses (NFOBs) concerning the elements of SME…

Abstract

Purpose

The purpose of this paper is to identify the differences between Hungarian family-owned businesses (FOBs) and non-family-owned businesses (NFOBs) concerning the elements of SME competitiveness and financial performance.

Design/methodology/approach

The research covers the Hungarian data set of the Global Competitiveness Project (GCP, www.sme-gcp.org) of 738 (data collection between 2018 and 2020) non-listed SMEs, of which 328 were FOBs. The study uses the comprehensive, multidimensional competitiveness measurement of the GCP built on the resource-based view (RBV) and the configuration theory. Financial performance was captured with two composite indicators: short-term and long-term financial performance (LTFP). The comparative analysis between FOBs and NFOBs was conducted using binary logistic regression.

Findings

The results show that FOBs are more prone to focusing on local niche markets with higher longevity and LTFP than NFOBs. However, FOBs have lower innovation intensity and less organised administrative procedures. The most contradicting finding is that the FOBs’ higher LTFP is accompanied by significantly lower competitiveness than in the case of NFOBs.

Originality/value

This study goes beyond other GCP studies by including composite financial performance measures among the variables examined. The combination of performance-causing (resources and capabilities) and performance-representing (financial performance) variables provides a better understanding of the non-listed SMEs in terms of family ownership. The results help academia to enrich the RBV-competitiveness, the non-listed SME management and finance literature, and policymakers to design business development and support schemes. They also show future entrepreneurs the impact of family ownership on entrepreneurial success.

Details

Competitiveness Review: An International Business Journal , vol. 34 no. 7
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 3 May 2011

Yongtao Tan, Li‐Yin Shen and Craig Langston

Proper assessment of contractors' competitiveness is important for assisting contractors in taking internal analysis and for assisting clients in selecting suitable contractors…

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Abstract

Purpose

Proper assessment of contractors' competitiveness is important for assisting contractors in taking internal analysis and for assisting clients in selecting suitable contractors. This paper seeks to address this issue.

Design/methodology/approach

With previously identified contractor key competitiveness indicators (KCIs), this study presents a fuzzy competitiveness rating (FCR) method for measuring contractor competitiveness with reference to the Hong Kong construction industry. A set of linguistic terms is used for facilitating the assessment process.

Findings

For illustration, an example is used to show the application of the FCR method. The results provide valuable information for helping contractors in the local construction industry to understand their competitive advantages and weaknesses, and to formulate effective competition strategies to improve their competitiveness.

Research limitations/implications

The model used in this study is not validated by real cases. In a future paper, the model will be further demonstrated by conducting real case studies, and the linguistic terms and corresponding fuzzy numbers will also be re‐defined based on the collected data.

Originality/value

As the competitiveness assessment process involves complexity and uncertainty, a fuzzy competitiveness rating method is considered suitable for reflecting the reality and the assessment panel can easily give their opinions by using the linguistic language.

Details

Engineering, Construction and Architectural Management, vol. 18 no. 3
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 1 February 2003

Ira Ahokas and Jari Kaivo‐oja

One way to think about the future challenges is to make benchmarking analysis, where other micro or macro level organisations are compared in relation to own activities and…

Abstract

One way to think about the future challenges is to make benchmarking analysis, where other micro or macro level organisations are compared in relation to own activities and systems. This article includes benchmarking of all the EU‐15 countries. Authors report top 15 lists of various indicators. As a general benchmarking framework, the motivation, access and skills indicators system is used. In the study the authors perform correlation analyses of competitiveness and MAS‐indicators. A special contribution of the article is that it combines competitiveness analysis to macro level MAS framework’s social indicators analysis.

Details

Foresight, vol. 5 no. 1
Type: Research Article
ISSN: 1463-6689

Keywords

Article
Publication date: 23 May 2008

Attila Chikán

The purpose of this paper is to provide a framework for connecting macro‐ and micro‐level research on competitiveness.

3456

Abstract

Purpose

The purpose of this paper is to provide a framework for connecting macro‐ and micro‐level research on competitiveness.

Design/methodology/approach

Based on some major international survey research reports (by the WEF, IMD, OECD, and the EU) and research experience, a gap is described between national and firm level competitiveness studies. A reasoning why filling this gap is discussed and a general research model connecting the two levels by using Porter's diamond model is developed.

Findings

By using appropriate definitions of national and firm competitiveness and the diamond model a meaningful connection of the two levels can be created, which is useful both for connecting recent research results and as a foundation for further research.

Research limitations/implications

Though the model is based on actual research experiences, its real value will become apparent after having it applied in concrete projects. This process is ongoing.

Practical implications

The model is a very useful tool in analysing real world situations, from economic policy issues to strategic management.

Originality/value

The paper is a result of extended research on competitiveness and provides a new model for further analyses in a very important field.

Details

Competitiveness Review: An International Business Journal, vol. 18 no. 1/2
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 1 January 1997

R. Wes Harrison and P. Lynn Kennedy

The importance of high value products as a component of United States agricultural output has increased significantly in recent years. Moreover, high value products as a…

Abstract

The importance of high value products as a component of United States agricultural output has increased significantly in recent years. Moreover, high value products as a percentage of U.S. agricultural exports have also risen (Burfisher and Missiaen, 1990). Given these trends, it is not surprising that agribusiness competitiveness has become a topic of much discussion in both the popular press and in academic literature. Its importance is also evidenced by initiatives set forth by the Western Regional Coordinating Committee on Agribusiness Research Emphasizing Competitiveness and the International Agricultural Trade Research Consortium symposium Competitiveness in International Food Markets. More recently, the National Association of State Universities and Land Grant Colleges' Board on Agriculture endorsed the Agricultural Competitiveness Initiative (ACI). This initiative calls on land‐grant universities to consider new paradigms for conducting research, extension, and teaching on the issue of U.S. agricultural competitiveness.

Details

Competitiveness Review: An International Business Journal, vol. 7 no. 1
Type: Research Article
ISSN: 1059-5422

Article
Publication date: 25 December 2023

Boon-Seng Tan

This paper aims to explore the construction of a valid and reliable measure for the competitiveness of cities that excludes the drivers of competitiveness from the index…

Abstract

Purpose

This paper aims to explore the construction of a valid and reliable measure for the competitiveness of cities that excludes the drivers of competitiveness from the index construction. Not incorporating these drivers in the index avoids the problem of assuming relative contributions (i.e. weights) of these drivers on competitiveness as a maintained hypothesis.

Design/methodology/approach

From the definition that competitiveness is the ability of a city to sustain prosperity, this study derives a model called the hedonic well-being index (HWI) in which prosperity is measured by using the consumption of goods and service including leisure. This study then uses secondary data sources to construct an exploratory HWI (assuming a Cobb Douglas functional form) and compare this index to three benchmarks, namely, income, gross domestic product (GDP) per capita and the World Happiness Report (WHR) index. This study also review the component expenditure of the index across geographical locations.

Findings

The HWI is better predicted by the WHR index (a subjective well-being index) than by the GDP per capita (a measure of output), owing to the inclusion of leisure and household production absent in per capita GDP. This study explored and found regional variations in the distribution of the expenditure components in the HWI.

Originality/value

This paper demonstrates the feasibility of constructing an exploratory HWI to measure the competitiveness of cities using secondary data. The reliability of the index can be improved using primary data in future research. Separating the drivers from the definition of competitiveness allows testing of the contribution and interaction of these drivers on competitiveness.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 7 November 2023

Zoltán Kárpáti, Adrienn Ferincz and Balázs Felsmann

The purpose of this paper is to identify different types of resource and capability configurations among Hungarian family and nonfamily firms and explore which compositions can be…

Abstract

Purpose

The purpose of this paper is to identify different types of resource and capability configurations among Hungarian family and nonfamily firms and explore which compositions can be considered competitive. In a rivalrous, dynamic world, understanding which sets of resources and capabilities lead to a higher level of competitiveness is vital.

Design/methodology/approach

This paper is based on a quantitative competitiveness survey carried out between November 2018 and July 2019 in Hungary. The authors used the Firm Competitiveness Index (FCI) to measure competitiveness and the resource-based view (RBV) approach to understand which configurations of resources and capabilities are responsible for a higher level of competitiveness based on 32 variables. An exploratory factor and cluster analysis were conducted to analyze the ownership's effect on firm competitiveness. The final sample size contained 111 companies, of which 53 were identified as family and 58 as nonfamily firms.

Findings

Factor analysis reveals five factors determining resources and capabilities: “operational,” “leadership,” “knowledge management,” “transformation” and “networking.” Based on these factors, the cluster analysis identified five groups in terms of types of family and nonfamily firms: “Lagging capabilities,” “Knowledge-based leadership,” “Innovativeness and transformation-oriented management,” “Relationship-oriented management” and “Business operation-oriented management.” Results show that nonfamily businesses focus on operational and leadership capabilities, reaching a higher FCI than family businesses, which are likely to invest more in their networking, transformation and knowledge management capabilities.

Originality/value

By defining the different configurations family and nonfamily firms rely on to reach competitiveness, the paper applies an essential element to the Hungarian and Middle Eastern European contexts of family business research. The findings contribute to developing family business literature and point out specific resources and capabilities family firms should focus on to shift toward reaching a higher level of professionalization and competitiveness. The characterization of different types of competitiveness comparing family and nonfamily firms enables the firms to assess customized implications.

Details

Journal of Family Business Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2043-6238

Keywords

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