RESOURCE BASED VIEW AS A STRENGTHENING OF INDUSTRY?S CAPABILITIES TO IMPROVE COMPETITIVE STRATEGIES.
- Doctoral Program in Business Management, Faculty of Economic and Business, Padjadjaran University, Indonesia.
33 Downloads
186 Views
Abstract
Competitive advantage as the impact of the implementation company operation strategy in creating value creation on the products and services produced. Cost leadership and differentiation for products or services into a strategic part in achieving competitive advantage. Competitive strategy becomes part of the corporate strategy led to increased productivity and performance. Resource-Based View is a part of the company's capability in encouraging superior competing. This study empirically investigates whether there is an effect resources based view, competitive strategy and competitive advantage. The results showed that resources based view are effective and positive direct effect on competitive strategy. Competitive strategy has effective and positive direct effect on competitive advantage. Moreover, this study demonstrated that the effect of competitive advantage is mediated by competitive strategy. This finding integrates insights competitive strategy framework into a generalization of the competitive advantage in industries. Furthermore, this research is expected to support for industry have valuable suggestions to effectiveness in competitive strategy and achieved the company?s goal especially in competitive advantage.
Keywords
Article Analytics
References
- Abidin, N. Z., Adros, N. A. and Hassan, H. (2014): Competitive Strategy and Performance of Quantity Surveying Firms in Malaysia. Journal of Construction in Developing Countries, 19(2): 15?32.
- Adriansah, A. and Afiff, A. Z. (2015): Organizational Culture, Absorptive Capacity, Innovation Performance and Competitive Advantage: An Integrated Assesment in Indonesian Banking Industry. The South East Asian Journal of Management, 9(1): 70-86.
- Angela, B. and Michael, A. (2007): Human capital management. London: Kogan Page.
- Angelmar, R. (1990): Product innovation: a tool for competitive advantage. European Journal of Operational Research, 47(2): 182-189.
- Barney, J. B. W. and Ketchen , D. J. (2001): The Resource-Based View of the Firm: Ten years after 1991. Journal of Management, 27: 625-641.
- Baron, R. M. and Kenny, D. A. (1986): The moderator-mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of Personality and Social Psychology, 51(6): 1173-1182.
- Baumane-Vitolina, I. and Cals, I. (2013): Theoretical Framework For Using Resource Based View in the Analysis of SME Innovations. European Scientific Journal, 1: 174-182.
- N, (1999): Managing organizational knowledge by diagnosing intellectual capital: framing and advancing the state of the field. International Journal of Technology Management, 18(5-8): 433-62.
- Breznik, L. and Lahovnik, M. (2016): Dynamic Capabilities and Competitive Advantage: Findings From Case Studies. Journal of Management, 21: 167-185.
- Camis?n, C. and Villar-Lop?z, A. (2014): Organizational Innovation as an Enabler of Techno-logical Innovation Capabilities and Firm Performance. Journal of Business Research, 67: 2891-2902.
- Cao, D., Berkeley, N. and Finlay, D. (2014): Measuring Sustained Competitive Advantage From Resource-based View: Survey of Chinese Clothing Industry. Journal of Sustainable Development, 7(2): 89-104.
- Chamsuk, W., Phimonsathien, T. and Fongsuwan, W. (2015): Research and Development (R&D) Capabilities and Innovation Capability That Affect the Enterprise Competitive Advantage in The Thai Automotive Parts Industry: SEM Approach. International Journal of Arts & Sciences, 08(02): 441?457.
- Chao, R. (2014): Innovation Strategies of Local Intermediary Organizations for Environmental Protection: A Case Study of Green Island, Taiwan. The International Journal of Organizational Innovation, 7(2): 87-97.
- Chatzkel, J. L. (2004): Human capital: the rules of engagement are changing. Lifelong learning in Europe, 9(3): 139?145.
- Coff, R. W. (2002): Human likelihood of capital, shared expertise, and the impasse on corporate acquisitions. Journal of Management, 28: 107-128.
- Colquitt, J. A., LePine, J. A. and Wesson, M. J. (2011). Organizational Behavior, Improving Performance and Commitment in the Workplace, 2nd Edition. New York: Mc-Graw Hill.
- Contreras, O. A. R. and Silva, F. A. B. (2013): Competitive Strategy To Achieve ISO 9001 Certification in Small and Medium Supply Enterprises in Ciudad Juarez, Chihuahua, Mexico. European Scientific Journal, 9(28): 133-143.
- Daghfous, A. (2004): Absorptive Capacity and The Implementation of Knowledge Intensive Best Practices. S.A.M Advanced Management Journal, 69(2).
- Davenport, T. H. and Prusak, L. (2000): Working Knowledge: How Organizations Manage What They Know. Boston: Harvard Business School Press.
- Elbeltagi, I., Hamad, H., Moizer, J. and Abou-Shouk, M. A. (2016): Levels of Business to Business E-Commerce Adoption and Competitive Advantage in Small and Medium-Sized Enterprises: A Comparison Study Between Egypt and the United States. Journal of Global Information Technology Management, 19(1): 6?25.
- Fauska, P., Kryvinska, N.and Strauss, C. (2013): The role of e-commerce in B2B markets of goods and services. International Journal of Services, Economics, and Management, 5(1-2): 41?71.
- Fida, A. (2009): Human Capital Management, What does it Really Mean. Proceedings of the European Conference on Intellectual Capital, in Holland University of Applied Sciences, Haarlem, Netherlands, 28-29 April.
- Finn, R. (2003): Human-capital management (HCM): a three-letter acronym too far for HR or the way to get the people agenda on to that of the board. Human Resource Management International Digest, 11(5): 2-4.
- Fombrun, C. J. (1996): Reputation, realizing value from corporate image. Boston: Harvard Business School Press.
- Griffin, R. W. and Moorhead, G. (2014): Organizational Behavior: Managing People and Organizations, Eleventh Edition. South-Western: Cengage-Learning.
- Griffith, R. J. (2012): Knowledge Flow: Exploring The Links Between Knowledge Resources, Organizational Actions, and Performance, Dissertation: The University of Texas.
- Hair, J., Black, W. C., Babin, B.J. and Anderson, R. E. (2010): Multivariate analysis, 7th edition. New Jersey: Pearson Education International.
- Howorth, C., Rose, M., Hamilton, E. and Westhead, P. (2010): Family firm diversity and development: An introduction. International Small Business Journal, 28(5): 437-451.
- Ian, R. (2014): Innovation and creativity in organizations: A review of the implications for training and development. Report Information from ProQuest.
- Jain, S. K. and Ahuja, I. S. (2012): An Evaluation of ISO 9000 Initiatives in Indian Industry For Enhanced Manufacturing Performance. International Journal of Productivity and Performance Management, 61(7): 778-804.
- Jules, M. N. D. and Fondo, S. (2012): The Effects of Human Capital on Agricultural Productivity and Farmer?s Income in Cameroon. International Business Research, 5(4): 149-159.
- Jyotirmayee, C. and Mishra, B. B. (2010): Theoretical and Empirical Investigation of Impact of Developmental HR Configuration on Human Capital Management. International Business Research, 3(4): 181?186.
- Kash, B. A., Spaulding, A., Gamm, L. D. and Johnson, C. E. (2014): Healthcare Strategic Management and the Resource Based View. Journal of Strategy and Management, 7(3): 251-264.
- Kaveh, D., Bamipour, E. M. and Far, M. S. (2015): The Relationship between Knowledge Management and Competitive Advantage: A Case Study in Small and Medium-Sized Companies in the Packaging Industry of Khorasan Razavi. European Online Journal of Natural and Social Sciences, 4(1): 650-659.
- Kreitner, R. and Kinicki, A. (2010): Organizational Behavior, Key Concepts, Skills & best Practice, 9th Edition. New York: McGraw-Hill.
- Kuratko, D. F., Ireland, R. D., Covin, J. G. and Hornsby, J. S. (2005): A Model of Middle-Level Managers Entrepreneurial Behaviour. Entrepreneurship Theory and Practice, 29(6): 699-716.
- Kylaheiko, K. and Sandstrom, J. (2007): Strategic Options-based Framework for Management of Dynamic Capabilities in Manufacturing Firms. Journal of Manufacturing Technology Management, 18(8): 966-984.
- Laursen, R. J., Cavusgil, T. S. and Zhao, Y. (2012): Learning Orientation, Firm Innovation Capability, and Firm Performance. Industrial Marketing Management, 31: 15-524.
- Lee, Y. K., Lee, C. K., Lee, S. K. and Babin, B. J. (2008): Festival scapes and patrons' emotions, satisfaction, and loyalty. Journal of Business Research, 61(1): 56-64.
- Lengnick-Hall, C. A. and Griffith, R. J. (2005): Disentangling Knowledge Flow, Knowledge Transfer and Knowledge Sharing: Steps Toward Construct Clarity. Paper presented at the National Academy of Management Proceedings, Honolulu, Hawaii.
- Lucia, A. and Lepsinger, R. (1999): The art and science of competency models: Pinpointing critical success factors in organizations. San Francisco: Jossey-Bass/Pfeiffer.
- Marta-Christina, S. (2000): Intangible assets and intellectual capital as key factors of romania?s convergence. Available at www.moyak.com/knowledge-based-economy.
- Marrelli, A. F. (2001): Introduction to competency modeling. New York: American Express.
- McShane, S. L. and Glinow, M. A. N. (2010): Organizational Behavior: Emerging Knowledge And Practice For The Real World, 5th Edition. New York: McGraw-Hill, 2010.
- Menguc, B., Auh, S. and Shih, E. (2007): Transformational leadership and market orientation: implicationsfor the implementation of competitive strategies and business unit performance. Journal of Business Research, 60(4): 314?21.
- Miles, R. E. and Snow, C. C. (1978): Organizational Strategy, Structure, and Process. New York: West.
- Miles, R. E. and Snow, C. C. (1986): Organizations: new concepts for new forms. California Management Review, 18(3): 62-73.
- Newbert, S. L. (2008): Value, rareness, competitive advantage, and performance: a conceptual level empirical investigation of the resource-based view of the firm. Strategic Management Journal, 29(7): 745-768.
- Pfeffer, J. (1994): Competitive advantage through people: unleashing the power of the workforce. Boston: Harvard Business School Press.
- Porter, M. (1998): Competitive Strategy: Techniques for Analyzing Industries and Competitors. New York: The Free Press.
- Robbins, S. P. and Judge, T. A. (2013): Organizational Behavior, 15th New Jersey: Prentice Hall.
- Rocha, R. (1999): Estrategia Competitiva Para Empresas: Guia Practica. Mexico: Trillas.
- Rodrigues, L. C., Maccari, E. A. and Lenzi, F. C. (2012): Innovation strategy for business to business market. International Business Research, 5(2).
- Roger, B. J. (2010): Market-Based Management: Strategies for Growing Customer Value and Profitability. New Jersey: Prentice Hall.
- Saloner, G., Andrea, S. and Joel, P. (2001): Strategic Management. New York: John Wiley.
- Sashkin, M. (1988): The visionary leader. In Charismatic Leadership: The Elusive Factor in Organizational Effectiveness, A. Conger and R. A. Kanungo, Eds., San Francisco: Jossey-Bass, 122-160.
- Schermerhorn, J. R. (2010): Introduction to Management, 10th Edition. New Jersey: John Willey & Sons, 2010.
- Sihite, M. and Simanjuntak, A. (2015): The Competitive Strategy in Green Building for Indonesian Stakeholder?s. International Journal of Innovation, Management and Technology, 6(1): 8-15.
- Souleh, S. (2014): The impact of Human Capital Management on the Innovativeness of research Center: The Case of Scientific Research Centers in Algeria. International Journal of Business and Management, II(4): 80-96.
- Szymaniec-Milicka, K. (2014): Resource-based View in Strategic Management of Public Organizations - A Review of The Literature. Journal of Management, 18(2): 19-30.
- Wang, H. (2014): Theories for Competitive Advantage. In H. Hasan (Eds.), Being Practical with Theory: A Window into usiness Research, 33-43.
- Zagorśek, H., Stough, S. J. and Jaklic, M. (2006): Analysis of the Leadership Practice Inventory in the item response theory framework. International Journal of Selection and Assessment, 14(2): 180-191.
- Zheng, S., Zhang, W., Wu, X. and Du, J. (2011): Knowledge-based dynamic capabilities and innovation in networked environments. Journal of Knowledge Management, 15(6): 1035-1051. false
How to Cite This Article
Sri Sarjana, Dwi Kartini, Popy Rufaidah and Yunizar. (2017); RESOURCE BASED VIEW AS A STRENGTHENING OF INDUSTRY?S CAPABILITIES TO IMPROVE COMPETITIVE STRATEGIES., Int. J. of Adv. Res., 5 (07), 2195-2204, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/4960
Corresponding Author
This work is licensed under a Creative Commons Attribution 4.0 International License.





