AN INTEGRATED APPROACH TO SUSTAINABLE COMPETITIVE ADVANTAGE

被引:0
|
作者
Asa, Asa Romeo [1 ]
Nautwima, Johanna Pangeiko [2 ]
Villet, Hylton [3 ]
机构
[1] Namibia Univ Sci & Technol, Namibian German Inst Logist, Windhoek, Namibia
[2] Univ Namibia, Namibia Business Sch, Windhoek, Namibia
[3] Namibia Univ Sci & Technol, Harold Pupkewitz Grad Sch Business, Windhoek, Namibia
来源
INTERNATIONAL JOURNAL OF BUSINESS AND SOCIETY | 2024年 / 25卷 / 01期
关键词
Analytical Hierarchy Process; Resource-Based View; Dynamic Capability; Open Innovation; Sustainable Competitive Advantage; Manufacturing in Namibia; RESOURCE-BASED VIEW; DYNAMIC CAPABILITIES; KNOWLEDGE; FIRM; INNOVATION; PERFORMANCE; MANAGEMENT;
D O I
10.33736/ijbs.6907.2024
中图分类号
F [经济];
学科分类号
02 ;
摘要
To sustain a competitive edge amidst the dynamic nature of the current market and evolving technological landscape, manufacturing enterprises must ensure that their organizational resources, capabilities, and innovation procedures are optimized. In the manufacturing sector, innovators are known to earn twice as much as their less innovative counterparts, demonstrating the criticality of innovation. On that basis, this study used the RCO technique, which is an integrated approach to sustainable competitive advantage that focuses on resources, capabilities, and open innovation of the organization to improve decisions that lead to a lasting competitive advantage in a developing country. In addition, this study applied an analytical hierarchy process (AHP) approach for data analysis in calibrating the actual application of sustainable competitive advantage (SCA) in a company, especially in developing economies. The study results indicate that possessing valuable organizational resources necessitates adding distinctive capabilities to generate innovations that effectively contribute to attaining organizational objectives, specifically SCA. Moreover, through the utilization of positive knowledge ingress and outflow, open innovation is considered the industry eye of a business organization, with the purpose of accelerating innovation within the organization and expanding the market for innovations' internal and external applications. In conclusion, an integrated model for sustainable competitive advantage, which is vital to the long-term growth and sustenance of businesses, was devised as a result of this study.
引用
收藏
页码:201 / 222
页数:22
相关论文
共 50 条
  • [41] HOW APPLYING INSTRUMENTAL STAKEHOLDER THEORY CAN PROVIDE SUSTAINABLE COMPETITIVE ADVANTAGE
    Jones, Thomas M.
    Harrison, Jeffrey S.
    Felps, Will
    ACADEMY OF MANAGEMENT REVIEW, 2018, 43 (03) : 371 - 391
  • [42] The Vicissitudes of Competitive Advantage: Empirical Evidence from Australian Manufacturing SMEs
    Liao, Tung-Shan
    Rice, John
    Lu, Juin-Cherng
    JOURNAL OF SMALL BUSINESS MANAGEMENT, 2015, 53 (02) : 469 - 481
  • [43] Exploring the black box of competitive advantage-An integrated bibliometric and chronological literature review approach
    Nayak, Bishwajit
    Bhattacharyya, Som Sekhar
    Krishnamoorthy, Bala
    JOURNAL OF BUSINESS RESEARCH, 2022, 139 : 964 - 982
  • [44] Hospitality Core Competence, Innovation and Competitive Advantage: Empirical Study of an Integrated Relationship
    Yeboah, Asiamah
    INTERNATIONAL JOURNAL OF HOSPITALITY & TOURISM ADMINISTRATION, 2024,
  • [45] Enhancing Sustainable Competitive Advantage in SMEs: Aligning Intellectual Capital and Business Performance Model
    Suryantini, Ni Putu Santi
    Moeljadi
    Aisjah, Siti
    Ratnawati, Kusuma
    QUALITY-ACCESS TO SUCCESS, 2024, 25 (198): : 299 - 314
  • [46] Building Sustainable Competitive Advantage in Banking through Organizational Agility
    Probojakti, Wiweko
    Utami, Hamidah Nayati
    Prasetya, Arik
    Riza, Muhammad Faisal
    SUSTAINABILITY, 2024, 16 (19)
  • [47] Sustainable Competitive Advantage Driven by Big Data Analytics and Innovation
    Ramadan, Muawia
    Shuqqo, Hana
    Qtaishat, Layalee
    Asmar, Hebaa
    Salah, Bashir
    APPLIED SCIENCES-BASEL, 2020, 10 (19):
  • [48] The Approach of Value Innovation towards Superior Performance, Competitive Advantage, and Sustainable Growth: A Systematic Literature Review
    Hajar, Mohammed A.
    Alkahtani, Ammar Ahmed
    Ibrahim, Daing Nasir
    Darun, Mohd Ridzuan
    Al-Sharafi, Mohammed A.
    Tiong, Sieh Kiong
    SUSTAINABILITY, 2021, 13 (18)
  • [49] A Dynamic Collaboration Capability as a Source of Competitive Advantage
    Allred, Chad R.
    Fawcett, Stanley E.
    Wallin, Cynthia
    Magnan, Gregory M.
    DECISION SCIENCES, 2011, 42 (01) : 129 - 161
  • [50] Obtaining a Sustainable Competitive Advantage from Patent Information: A Patent Analysis of the Graphene Industry
    Yang, Xi
    Yu, Xiang
    Liu, Xin
    SUSTAINABILITY, 2018, 10 (12)