Search results for "Competitive advantage"
showing 10 items of 169 documents
Industry 4.0: smart test bench for shipbuilding industry
2020
AbstractIndustry 4.0 promises to increase the efficiency of production plants and the quality of the final product. Consequently, companies that implement advanced solutions in production systems will have a competitive advantage in the future. The principles of Industry 4.0 can also be applied to shipyards to transform them into “smart shipyards” (Shipyard 4.0). The aim of this research is to implement an interactive approach by Internet of Things on a closed power-loop test bench equipped with sophisticated sensors that is specifically designed to test high-power thrusters before they are installed on high-speed crafts, which are used in passenger transport. The preliminary results of the…
A Framework to Measure Intellectual Capital
2016
New technologies have changed the structure of companies shifting the focus of creating value from material resources to intangibles. The competitive advantage is increasingly reliant on the presence of specific intangibles such as knowledge, experience, communication skills that are the main source of competitive advantage. Among the intangibles based on knowledge, intellectual capital certainly occupies a prominent place. In recent years the increasing complexity that characterized the business management influenced companies to adopt new models of reporting and accounting, taking into account issues and intangible factors not considered so far with the right attention. The objective of t…
Governing Complex Strategic Networks: Emergence Versus Enabling Effects
2017
In today’s knowledge-based economy, the sources of competitive advantage increasingly lie in webs of relationships between a variety of firms and organizations that, over time, lead to the emergence of strategic networks. As the performances of both the network actors and the whole network are strictly linked with the coordination and governance of network actors and their activities, this study aims to shed light on the ways in which the processes of network coordination and governance take place. Strategic networks are here viewed as complex adaptive systems, and the twin nature of the processes of strategic network coordination and governance is examined. On one hand, I underscore the em…
STRATEGY TO INCREASE THE FARM COMPETITIVENESS
2014
Italy’s wine-growing production structure is highly pulverized. So, for many wine-growing farms loweri ng the production cost represents the only way of gain ing a competitive advantage. Production at average unit costs lower than competitors allows to improve prof itability. Among farming operations, winter pruning and tying of productive vine-branches require a high hu man labor. For this reason the paper presents the r esults of research conducted on a sample of Sicilian wine- producing farms in order to study the cost-effectiv eness to make the pruning and the subsequent ligation of productive branches with tools that facilitate the work. The economic analysis, after the determination o…
The pricing capability lifecycle of digital innovations
2021
The pricing capability provides a basis for firms’ competitive advantage. However, to date, the literature has not investigated how this capability forms, develops, and matures. In this study, we define the pricing capability as a dynamic capability consisting of three operational building blocks (tools and data, human and relational resources, and processes, routines, and mechanisms) as well as two dynamic capability building blocks (alertness and responsiveness, and value-based strategic thinking). Furthermore, we propose the pricing capability lifecycle of digital innovations that incorporates insights of the dynamic capabilities view (DCV). Based on a longitudinal multi-case study of fi…
El mercado mundial de vino y la competitividad de los países del Hemisferio Sur, 1961-2010
2014
<p><strong></strong>El mercado mundial del vino ha sufrido cambios intensos en las últimas décadas tras un fuerte incremento de la competitividad de los países exportadores del hemisferio sur. Su dinamismo y el aumento de la demanda de los nuevos países consumidores han acelerado el proceso de globalización del vino. En este contexto, analizamos la competencia mundial y los principales cambios en el comercio global de vinos desde 1961 hasta 2010. El artículo muestra la distribución relativa de las exportaciones en el Viejo y el Nuevo Mundo y examina la ventaja comparativa del comercio exterior a través del índice de ventaja comparativa revelada (VCR). Concluye mostrando la…
Conceptualization and Examination of Success Factors in the Banking System
2016
Abstract Banking competition has intensified in recent years, largely due to globalization, technological process and economic instability. The banking system in this context is supplied with considerable challenges, with customers’ characteristics, needs and desires consistent with the current environment (globalization, technological change and economic crisis). It is necessary to identify those features that contribute to the development of competitive advantage. In this sense, this paper shows the results of the analysis of success factors in the banking system. To obtain the results the following methods were used: in-depth questionnaire (for experts), questionnaire (for customers), ob…
Development of organizational trust among employees from a contextual perspective
2006
It is becoming increasingly accepted that trust in the workplace is an important factor which potentially leads to enhanced organizational performance and can be a source of competitive advantage in the long run (e.g. McAllister 1995, Whitener et al. 1998, Leana & van Buren III 1999, Wicks et al. 1999, Gould-Williams 2003). Although it may be unreasonable to expect that any firm can have boundless trust among employees, the starting point of this paper lies in the argument that organizational trust is more desirable from the viewpoint of the firm’s economic prosperity than its lack. Organizational trust is important for successful socialization, cooperation and effective teamworking (cf. Pu…
Temporary Competitive Advantage: An Investigation into the Core of the Literature
2016
Evidence of over 350 citations recorded by the articles published in the 2010 special issue on “The Age of Temporary Advantage” of the Strategic Management Journal shows that the inquiry on temporary nature of competitive advantage is an emergent research area in strategic management. They also exhibit that, most likely, it is going to be a significant research area for the coming years. To assess the current status of the literature as well as to fathom the directions and challenges of future research on temporary advantage, we review prior empirical research on temporary advantage so as to offer a conceptual map that provides a comprehensive appreciation of antecedents, processes, and con…
Corporate social irresponsibility and stakeholders' support: evidence from a case study
2022
AbstractStakeholders’ decisions regarding whether to continue to support a firm after it has been perceived as culpable for socially irresponsible behaviour is “coin of the realm” in selecting which firms (or which parts of a firm) will be able to survive a corporate social irresponsibility (CSI) scandal. Our empirical setting is an embedded polar case of audience support, the Parmalat case, following a severe CSI scandal. The scandal represented a “trigger event” that ignited an active reevaluation of the firm on behalf of its stakeholders. We show that, while the firm’s cognitive legitimacy was not harmed by the CSI scandal, two dimensions of legitimacy played a key role in stakeholder ev…