Organizing for innovation (original) (raw)
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From Temporary Competitive Advantage to Sustainable Competitive Advantage
British Journal of Management, 2015
Both the industrial organization theory (IO) and the resource-based view of the firm (RBV) have advanced our understanding of the antecedents of competitive advantage but few have attempted to verify the outcome variables of competitive advantage and the persistence of such outcome variables. Here by integrating both IO and RBV perspectives in the analysis of competitive advantage at the firm level, our study clarifies a conceptual distinction between two types of competitive advantage: temporary competitive advantage and sustainable competitive advantage, and explores how firms transform temporary competitive advantage into sustainable competitive advantage. Testing of the developed hypotheses, based on a survey of 165 firms from Taiwan's information and communication technology industry, suggests that firms with a stronger market position can only attain a better outcome of temporary competitive advantage whereas firms possessing a superior position in technological resources or capabilities can attain a better outcome of sustainable competitive advantage. More importantly, firms can leverage a temporary competitive advantage as an outcome of market position, to improving their technological resource and capability position, which in turn can enhance their sustainable competitive advantage.
Innovation and Learning for Sustainable Competitive Advantage: Preliminary Findings
Achieving and sustaining competitive advantage is a major challenge for firms in today's dynamic global marketplace. The notion of sustained competitive advantage has been investigated through a number of paradigms, from the resource based view of the firm to dynamic capabilities. This paper reports preliminary findings from research which investigates the characteristics of innovative firms that have demonstrated competitive advantage over time, targeting factors that contribute to the firm's performance. Key factors to sustaining competitive advantage include working with demanding customers, team based organizational cultures, engaging in challenging projects to make new to the world products, and using projects to generate the necessity for learning by doing, learning by using and learning by interacting in new product and process development.
Drivers of Sustainable Innovation Strategies for Increased Competition among Companies
Sustainability
The present study aims to analyse the sustainable innovation strategies that companies can implement in their business models in order to improve their economic performance and become more competitive in the marketplace. This study uses a qualitative methodology based on the case method of nine companies. It was concluded that companies have concerns about environmental issues, translated into the implementation of sustainable practices in their business models, not because they are legal obligations, but because they incorporate sustainability in their strategic vision. Thus, companies add considerable value to their value chain and obtain a better strategic positioning in relation to competitors. It was also found that companies intend to implement innovative sustainable practices and that some companies have a business model that already incorporates sustainability strategies. Additionally, concerning sustainable innovation, we concluded that companies innovate in the manufacturi...
DBA-Africa Management Review, 2017
Organizations need to study their past operations and review the current status ofcompetitiveness so as to inform their future strategic planning process if they are to remaincompetitive. Changes in the business environment emanating from globalization,internationalization of firms and developments in information, communication andtechnology have called on firm to constantly rethink their strategies if they are to remaincompetitive in a given industry. Technology enable organizations to gather informationabout their competitors with the offering hence lead to better product development andhigher customer satisfaction. Through technology, firms are able to develop new and betterways of going about internal affairs hence operational efficiency. Technology offersorganizations a platform for them to leverage their operations for efficient operationscompared t their competitors. Organizations have to constantly come up with new ways ofdoing things by investing in research and development...
ESG Law Review
Purpose of the study: This study aims to analyze the relationship between product innovation and strategic resources used by the furniture enterprises, under the perspective of sustainable competitive advantage, with the intention to identify the resources previous to innovation. Methodology/approach: The method used in this research is a quantitative and descriptive study, through a survey, applied to 1067 companies in Brazilian furniture industry. The data analysis occurred through Structural Equation Modeling. Originality/Relevance: Product innovation and strategic resources are capable of providing great potential for economic transformation. It is strategically acknowledged that there is a relationship between product innovation and the use of resources, however, there are as yet insufficient empirical studies to determine which resources influence product innovation. Another important aspect is to evaluate the influence of Environmental, Social and Governance sustainability pr...
The concept of the Sustainable Competitive Advantage has received increasing attention in the field of Strategic Management, yet little is known about how to achieve it. Despite growing attention to the Sustainable Competitive Advantage, the lack of a theoretically derived measure of the construct has deterred substantive research in this area. Understanding sources of sustained competitive advantage has become a major area of research in strategic management. The paper aims at focusing towards Resource Configuration and Organizational Identity as sources of competitive advantage. Earlier studies have focused their attention on direct relationships among few selective factors like knowledge management, Organizational Learning only; therefore the lack of clarity can be traced to under-specification of the models that the previous studies have examined. Using Resource Configuration and Organizational Identity as the mediators a model is developed for Information Technology Industry, which focuses on how Organizational Learning, Knowledge Management and Innovation results into Sustainable Competitive Advantage.
Sustainable Competitive Advantage: A Literature Review and Future Research
RSF Conference Series: Business, Management and Social Sciences
Sustainable competitive advantage (SCA) is very important for companies in analyzing the quality of human resources and the company's environment that continues to change. Besides that, SCA is also able to provide short-term revenue increases and product advantages to customers. This research aims to map the topic of SCA in various scientific fields by visualizing it into a landscape map to see its development and novelty using bibliographic data. Thus, the novelty of research related to strategic management from previous studies can be known with certainty. This research is quantitative research with a descriptive approach. Documentation and literature studies in this study were obtained through the Scopus database with the keyword "sustainable competitive advantage". Bibliometric techniques were used for analysis and processed using Vosviewer software. The results of this study indicate that from 2017-2023, there are 205 articles related to the keywords used, the res...
2020
With myriad opportunities and threats in the current dynamic business environment, organizations are competing to outdo each other and secure leading positions in their respective industries. This paper made an attempt to bring out common fundamental characteristics of top organizations in various industries that endow them with a competitive edge above other players in their respective industries. This review presents theoretical and empirical findings as documented by various management scholars and researchers in peer reviewed journals and other scholarly publications in strategic management. From the theoretical and empirical literature gathered, the paper concludes that in the contemporary business environment, successful and leading business organizations have invested substantially in technological innovation, human resource development and participation, new product development, winning marketing strategies and corporate social responsibility.
2013
With myriad opportunities and threats in the current dynamic business environment, organizations are competing to outdo each other and secure leading positions in their respective industries. This paper made an attempt to bring out common fundamental characteristics of top organizations in various industries that endow them with a competitive edge above other players in their respective industries. This review presents theoretical and empirical findings as documented by various management scholars and researchers in peer reviewed journals and other scholarly publications in strategic management. From the theoretical and empirical literature gathered, the paper concludes that in the contemporary business environment, successful and leading business organizations have invested substantially in technological innovation, human resource development and participation, new product development, winning marketing strategies and corporate social responsibility.
Optimisation model for industrial complex competitiveness: a path to sustainable innovation process
Business entities of all forms and origin face the necessity to foster new management approaches in order to promote its excellence. Sustainability is a key issue for organisations nowadays as they increasingly acknowledge that their practices have social and/or environmental consequences. Multi-stakeholder systems such as industrial complexes/clusters seek to raise competitiveness by integrating new innovative business models and appropriate responsibility in various fields of operations. These managerial technologies require a novel outlook at the optimisation model of the numerous competitive forces and its evaluation. In light of this, it is imperative that new methodologies and frameworks to facilitate the understanding of sustainability concepts in the business environment are to be developed as innovation approach. The framework suggested in the paper helps to outline guidelines on evaluating the nature and process of innovative and sustainable competitive strategy considering many indicators influencing industrial complexes and its environment.