Title:
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A system dynamics approach for assessing business competitiveness
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Author:
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Lafuente González, Esteban Miguel; Szerb, László; Rideg, András
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Other authors:
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Universitat Politècnica de Catalunya. Departament d'Organització d'Empreses |
Abstract:
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The analysis of the interconnectedness between resources and capabilities, and the way organizations use them as competitive weapons have become a central element of the strategic management literature. Drawing on the resource-based view and the configuration theory, this study proposes a multidimensional competitiveness index formed by ten competitive pillars that incorporates system dynamics in the analysis. Using a unique sample of 625 Hungarian small and medium-sized firms, we empirically illustrate how the proposed index functions for managerial decision-making. Results show that the impact of competitiveness-enhancing strategies is conditional on the configuration of the businesses’ system of competencies. Low-competitive businesses benefit more from investments in the weakest competitive pillar, while strategies oriented to improve more than one competitive pillar yield higher competitiveness improvements among high-competitive businesses. |
Abstract:
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Peer Reviewed |
Subject(s):
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-Àrees temàtiques de la UPC::Economia i organització d'empreses::Competitivitat i innovació -Small business -Competitiveness -resource-based view -system dynamics -small business -Empreses petites i mitjanes |
Rights:
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Attribution-NonCommercial-NoDerivs 3.0 Spain
http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
Document type:
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Article - Updated version Conference Object |
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