scispace - formally typeset
Search or ask a question

Answers from top 17 papers

More filters
Papers (17)Insight
Research limitations/implications This study contributes to our knowledge that competitive advantage is neither a necessary nor a sufficient condition for superior performance.
Also, competitive advantage can have a direct, positive impact on organizational performance.
It is argued, however, that while this difference is small, it may well constitute a significant competitive advantage.
Second, competitive advantage is a relational construct.
Competitive advantage in the marketplace ultimately derives from providing better speed, cost, quality and direction.
Competitive advantage arises from the structural characteristics of the network in which the firm is embedded and its position in the same.
Together these elements determine the competitive advantage of firms in a constellation.
In addition, this study formally introduces the relationship pattern of competitive advantage without superior performance, and the relationship pattern of superior performance without competitive advantage that until now were largely ignored by the existing literature in the field of strategic management.
This paper provides empirical evidence that QM practices improve both cost and differentiation competitive advantage in the hotel industry.
Different ITs are shown to impact on the sources of competitive advantage differently.
Thus, QM can be a source of competitive advantage for high tech firms.
Research limitations/implications – The newly developed measure of competitive advantage, exempt from past conceptual problems, could be used for valid measur...
Open accessJournal ArticleDOI
Žana Čivre, D. Gomezelj Omerzel 
22 May 2015
On this basis, a greater competitive advantage can be reached.
In general, the experiences of these groups suggest that this technology can be useful in supporting the search for competitive advantage.
In addition, this study provides empirical evidence of the reasons, underpinning the relationship pattern of competitive advantage without superior performance as well as the relationship pattern of superior performance without competitive advantage.
The latter claims that competitive advantage could lead to firm performance but many other factors might alter the relationship.
Similarly, the QM operational system is key in the relationship between QM and cost competitive advantage.

Related Questions

What are the books on competitive advantages?5 answersCompetitive advantage is a key factor in business success, and there are several books that discuss this topic. One book is "Ecodesign: The Competitive Advantage" by Luca Faust. Another book is "Digital Technologies and Competitive Advantage" by Joe Weinman and Jim Euchner. Additionally, there are academic papers that explore competitive advantage. Bartosz Deszczyński's paper discusses the notion of competitive advantage in multiple research perspectives. Khairul Ikhwan Ikhwan et al. provide a review of the literature on competitive advantages achieved through alliances. M. A. A. Arief et al. discuss strategies for competitive advantage in the context of online transportation companies. These books and papers offer valuable insights into the concept of competitive advantage and how it can be achieved in various industries and contexts.
How can a company create a competitive advantage through product development?5 answersA company can create a competitive advantage through product development by focusing on various factors. These factors include capabilities such as network, technology, innovation, and strategic orientation, as well as social capability. Organizational routines and emphasis on high-quality products or services are also important in developing new product development capabilities. Additionally, companies can use product platforms as manageable resources to reduce costs, access multiple market segments, and improve their strategic market position. Identifying and prioritizing competitive advantage factors such as quality, efficiency, innovation, and accountability are crucial for successful new product development. Finally, high product quality is a key competitive advantage that can help a company excel in business competition and maintain consumer demand.
What is Competitive Advantage in a company?3 answersA competitive advantage in a company refers to the attribute or mix of elements that allows the company to outperform its competitors in a competitive environment. It can include factors such as access to natural resources, highly skilled labor, geographic location, high entry barriers, and access to new technology. A sustainable competitive advantage is something that a company does better than its competitors for a long period. It can be a company asset, value, quality, or characteristic that others find difficult to reproduce. This advantage factor helps the company stand out in the market and rise above competitors, leading to increased sales, brand awareness, and profitability. Factors that contribute to a company's sustained advantage include resources, variable cost structure, distribution network, customer service, and intellectual property. Strategic customer management is also identified as a crucial capability that can positively affect a company's competitive advantage.
How do you develop a competitive advantage?14 answers
How has Apple been able to sustain its competitive advantage in the smart phone industry?7 answers
What are the benefits of possessing a competitive advantage?8 answers