scholarly journals Achieving Sustainable Competitive Advantage Through Intellectual Capital and Corporate Character: The Mediating Role of Innovation

2020 ◽  
Vol 15 (1) ◽  
pp. 33-45
Author(s):  
Huan Xiao ◽  
◽  
Dengke Yu
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Technological Innovation ◽  
Intellectual Capital ◽  
Structural Equation ◽  
Equation Model ◽  
Business Model Innovation ◽  
Sustainable Competitive Advantage ◽  
Differentiation Strategy ◽  
Corporate Character

This study aims to discuss the impacts of intellectual capital and corporate character on sustainable competitive advantage. The structural equation model is used to analyze the relationships between intellectual capital, corporate character and sustainable competitive advantage, which are mediated by technological innovation and business model innovation, based on a survey of 377 observations in China. The empirical results indicate that the intellectual capital and corporate character are as the doors that enterprises can open to acquire technological innovation and business model innovation, which are beneficial to achieving and maintaining sustainable competitive advantage. The findings provide some implications for entrepreneurs that their enterprises should focus on the coordination and balance of intellectual capital and corporate character for better achieving the perfect integration of cost leading strategy and differentiation strategy on the basis of mixing technological innovation and business model innovation together. Such strategy helps enterprises to realize sustained growth. This study provides scholars a new binary perspective to explore the source of sustainable competitive advantage.

scholarly journals Equipment Maintenance Business Model Innovation for Sustainable Competitive Advantage in the Digitalization Context: Connotation, Types, and Measuring

2018 ◽  
Vol 10 (11) ◽  
pp. 3970 ◽  
Author(s):  
Juhong Chen ◽  
Ruijun Zhang ◽  
Di Wu
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Business Models ◽  
Economic Benefits ◽  
Business Model Innovation ◽  
Equipment Maintenance ◽  
Sustainable Competitive Advantage ◽  
Structured Interviews ◽  
Profit Center ◽  
Manufacturing Enterprises

The equipment maintenance services have become a new profit center and an important way to gain sustainable competitive advantage for manufacturing enterprises. The business model is an important tool for manufacturing enterprises to derive economic benefits from sustainable competitive advantage in the context of digitalization technologies, such as IoT, big data, and cloud computing. At present, the concept of equipment maintenance business model innovation is still vague, and it is rare to report on the innovation behaviors and types of equipment maintenance business models adopted by manufacturing enterprises. Based on literature analysis of equipment maintenance services and business model innovation, following business model gestalt theory, the concept of equipment maintenance business model innovation is analyzed at the business-level, the types are divided into novel and efficient following value sources—“innovation and efficiency”. The initial scale is developed through literature investigation, semi-structured interviews and expert reviews, and tested by exploratory and confirmatory factor analysis by using the data of two independent large-sample questionnaires. The results indicate that the behavior and types of equipment maintenance business model innovation can be described by two types and 19 items.

scholarly journals The Effects of R&D and Innovation Capabilities on the Thai Automotive Industry Part’s Competitive Advantage: A SEM Approach

2017 ◽  
Vol 8 (1) ◽  
pp. 101-112 ◽  
Author(s):  
Wawmayura Chamsuk ◽  
Wanno Fongsuwan ◽  
Josu Takala
Keyword(s):  
Research And Development ◽  
Competitive Advantage ◽  
Structural Equation Model ◽  
Structural Equation ◽  
New Technologies ◽  
Equation Model ◽  
Sustainable Competitive Advantage ◽  
Innovative Thinking ◽  
Automotive Parts ◽  
Wide Sector

Abstract A structural equation model was used to verify both the direct and indirect influences on research and development and innovation capabilities that affect Thai automotive parts enterprises competitive advantage. Thailand’s automotive sector is a major driver of the economy with a multi-thousand network of both domestic and international companies contributing a significant amount to both domestic and Asian economic growth. After peaking in 2013 and reaching the Top 10 automotive nations, there has been a slide backwards. Competition is fierce and the pace of change ever quickening. Therefore, the researchers sought to determine how the automotive parts sector needed to improve in capability, skills and infrastructure to maintain a sustainable competitive advantage. From the structural equation model analysis of 220 regional automotive parts sector managers and use of AMOS software, it was determined that research and development combined with innovation plays key roles in the industry’s profitability and survivability. Additionally, there must be support across a wide sector of the economy, including universities, government agencies and institutions. Once championed as the ‘Detroit of Asia’, Thailand’s recognized success as a global automotive hub is a classic case of a well-executed industrial plan but that lead can potentially slip away without embracing new technologies and innovative thinking.

scholarly journals PENGARUH AGILITAS STRATEGIS TERHADAP SUSTAINABILITY COMPETITIVE ADVANTAGE MELALUI AKSI KOMPETITIF BISNIS SICEPAT EXPRESS

AdBispreneur ◽  
2021 ◽  
Vol 6 (1) ◽  
pp. 79
Author(s):  
Erwin Permana ◽  
Margo Purnomo ◽  
Rukun Santoso ◽  
Syamsurizal Syamsurizal
Keyword(s):  
Competitive Advantage ◽  
Structural Equation Model ◽  
Structural Equation ◽  
Middle Managers ◽  
Equation Model ◽  
Sustainable Competitive Advantage ◽  
Purposive Sampling ◽  
Competitive Action ◽  
Courier Service ◽  
Strategic Agility

The Covid-19 pandemic has suppressed almost all business and economic sectors. However, the Sicepat Courier service business actually shows a competitive advantage over other business organizations. This study aims to analyze how strategic agility is able to form a sustainable competitive advantage through the competitive action of Sicepat's courier services. The sampling technique used purposive sampling. The research respondents were 63 middle managers of Sicepat Express. The analysis technique uses the Structural Equation Model (SEM) with SmartPLS. This study proves that competitive actions by companies increase strategic agility in forming a sustainable competitive advantage. This study contributes to strengthening the view that strategic steps cannot be separated from competitive action to form competitive advantage. The results of this study recommend the Sicepat courier service company to constantly increase its competitive action. In the future, research is needed that involves a more detailed competitive action construct with a wider coverage of respondents so that the results of this study become a more established concept. Pandemik Covid-19 menekan hampir seluruh sektor bisnis dan ekonomi. Namun bisnis jasa kurir Sicepat justru menunjukkan keunggulan bersaing dibanding organisasi bisnis yang lain. Penelitian ini bertujuan untuk menganalisis bagaimana agilitas strategis mampu membentuk sustainabilitas competitive advantage melalui aksi kompetitif jasa kurir Sicepat. Teknik sampling menggunakan purposive sampling. Responden penelitian adalah middle managers Sicepat Express sebanyak 63 orang. Teknik analisis menggunakan Structural Equation Model (SEM) with SmartPLS. Penelitian ini membuktikan bahwa aksi – aksi kompetitif yang dilakukan perusahaan meningkatkan agilitas strategis dalam membentuk sustainabilitas keunggulan bersaing. Penelitian ini memberikan kontribusi untuk memperkuat pandangan bahwa langkah strategis tidak dapat dipisahkan dengan aksi kompetitif untuk membentuk keunggulan bersaing. Hasil penelitian ini merekomendasikan kepada perusahaan jasa kurir Sicepat untuk senantiasa meningkatkan aksi kompetitifnya. Kedepan diperlukan penelitian yang melibatkan konstruk aksi kompetitif yang lebih detail dengan cakupan responden yang lebih luas sehingga hasil penelitian ini menjadi sebuah konsep yang lebih mapan.

IMPROVING THE COMPETITIVENESS OF THE SMALL AND MEDIUM ENTERPRISES (SME) OF TROSO WEAVING CRAFT IN JEPARA REGENCY USING CAPITAL INTELLECTUAL ANALYSIS

2018 ◽  
Vol 2 (1) ◽  
pp. 35-46
Author(s):  
Ngatindriatun Ngatindriatun
Keyword(s):  
Human Capital ◽  
Competitive Advantage ◽  
Intellectual Capital ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Simple Random Sampling ◽  
Intellectual Ability ◽  
Sustainable Competitive Advantage ◽  
Structural Capital ◽  
Customer Capital

The aim of the research was to analyze the management of the SMEs of Troso Weaving Craft in Jepara Regency in relation to the human resources. In order that the SMEs can compete with today’s industry, the SMEs are required to be able to run their businesses professionally and to innovate, as well as to implement new breakthroughs. Therefore, the management of the SMEs needs to develop their intellectual ability and competitive advantage for their products. Intellectual capital is the intangible resource that can be used as the source of sustainable competitive advantage. The measurement of IC associated with competitive advantage was made against the elements of human capital, structural capital and costumer capital. Hence,this research discussed a model that relates the intellectual capital of the SMEs to the competitive advantage of the SMEs of Troso Weaving Craft in Jepara Regency. For the development of the model and hypothesis, the research used the Structural Equation Modelling (SEM), by taking the samples of 157 SMEs of Troso Weaving Craft selected in simple random sampling. The analysis results show that human capital, structural capital, and customer capital have the effect on competitive advantage. It means that the improvement of the competitive advantage for Troso Weaving Craft requires trainings in the managements of production, distribution, marketing and finance for all individuals and employees of the SMEs.

Does law as resource bring a competitive advantage to companies?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fernando Teixeira ◽  
João J. Ferreira ◽  
Pedro Mota Veiga
Keyword(s):  
Competitive Advantage ◽  
Structural Equation Model ◽  
Structural Equation ◽  
Design Methodology ◽  
Equation Model ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Business Law ◽  
Content Type ◽  
The Law

Purpose Resources and their analysis are essential to understand better companies’ internal and external dynamics and the weight each has in obtaining competitive advantages over the competition. This study aims to address the law and legal knowledge as a fundamental resource for companies to succeed in the markets to obtain a sustainable competitive advantage. Design/methodology/approach Based upon a sample of 200 managers, a structural equation model was used to validate the hypotheses under study. Findings Results show awareness and managers’ perception of the importance of law as a resource and its advantages for companies and the dichotomy between recognising this importance and not using it consistently. Originality/value Knowing the scope of business law and its growing importance for companies and being academically aware of the inexistence of studies that analyse the law as an individualised resource for companies, this study has a crucial contribution to the interconnection of these two fields – business and law.

scholarly journals The interplay of technological innovation and business model innovation toward company performance

2019 ◽  
Vol 24 (2) ◽  
pp. 63-79
Author(s):  
Selma Smajlović ◽  
Bahrija Umihanić ◽  
Lejla Turulja
Keyword(s):  
Business Model ◽  
Technological Innovation ◽  
Structural Equation ◽  
Positive Influence ◽  
Business Model Innovation ◽  
Business Success ◽  
Company Performance ◽  
Mediating Role ◽  
The Relationship ◽  
Large Enterprises

This study aims to clarify the relation between technological innovation and business model innovation and their shared impact on the business success of medium and large enterprises. Drawing on the Resource-Based View, this paper offers a comprehensive research model that analyses the relationships between technological innovation and business model innovations and their impact on business success. Structural Equation Modelling is utilized for the analysis of a dataset collected in a Southeast European developing country among medium and large enterprises. The results show that technological innovation has a positive influence on business model innovation and that business model innovation positively impacts the success of a business. Finally, the results confirm the mediating role of business model innovation between technological innovation and company business success. This research adds to the existing literature by empirically investigating the relationship between technological innovation, business model innovation, and company success identifying an antecedent role in the relationship between technological innovation and business model innovation.

scholarly journals Business Model Innovation for Sustainable Performance in Retail and Hospitality Industries

2018 ◽  
Vol 10 (11) ◽  
pp. 3952 ◽  
Author(s):  
Sarah Cheah ◽  
Yuen-Ping Ho ◽  
Shiyu Li
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Service Sector ◽  
Business Models ◽  
Business Model Innovation ◽  
Service Industries ◽  
Superior Performance ◽  
Sustainable Competitive Advantage ◽  
Food Services ◽  
Sustainable Performance

In the service sector, technological innovation is typically dominated by suppliers, and hence involves external knowledge that can be easily acquired and imitated by competitors. However, innovation that can sustain superior performance in retail and hospitality firms tends to be internal and non-technical, involving business models. Building on the perspectives of the resource-based view and dynamic capability, this study aims to understand how industry turbulence in retail and hospitality affects the sustainable competitive advantage of the firms operating in these service industries. Based on a quantitative study of 214 retail and food services companies, our study has empirically demonstrated that firms operating in an industry with high turbulence have a higher probability of achieving a sustainable competitive advantage. Second, our findings establish that a firm’s business model innovation (BMI) activities partially mediate this positive relationship. This suggests that BMI plays a role in enhancing the firm’s ability to address the challenges of the present, as well as prepare itself to adapt to the industry evolution and revolution of the future. BMI not only influences the acquisition and application of external innovations, it also affects the generation of internal innovations.

Empirical Study on the Influencing Factors of Business Model Innovation

2014 ◽  
Vol 687-691 ◽  
pp. 4746-4749 ◽  
Author(s):  
Yu Juan Guan ◽  
Guang Qiu Huang
Keyword(s):  
Social Capital ◽  
Statistical Analysis ◽  
Empirical Study ◽  
Influencing Factors ◽  
Business Model ◽  
Structural Equation ◽  
Technology Innovation ◽  
Positive Impact ◽  
Equation Model ◽  
Business Model Innovation

This paper presents a structural equation model, focuses on the influencing factors of business model innovation. Data are collected in some small and medium-sized enterprises. Totally 237 valid questionnaires were collected, and use Smart PLS for statistical analysis. Empirical results show that technology innovation investment, enterprise knowledge and social capital have positive impact on business model innovation.

Internal factors & consequences of business model innovation

2019 ◽  
Vol 57 (1) ◽  
pp. 262-290 ◽  
Author(s):  
Makhmoor Bashir ◽  
Rajesh Verma
Keyword(s):  
Theoretical Model ◽  
Firm Performance ◽  
Competitive Advantage ◽  
Business Model ◽  
Business Model Innovation ◽  
Important Predictor ◽  
Strategic Flexibility ◽  
Sustainable Competitive Advantage ◽  
Internal Factors ◽  
Content Type

PurposeThe purpose of this paper is to propose a theoretical model of business model innovation based on evidences from the past literature. The paper established a link between business model innovation (BMI) strategic flexibility, competitive advantage and firm competence.Design/methodology/approachThe study was approached from a theoretical perspective using previous literature on BMI from 2000 to 2017, as per the recommendations of Tranfieldet al.(2003). A total of 104 conceptual and empirical articles on BMI research spanning from 2000 to 2017 were analyzed based on different classification schemes.FindingsThe study proposed a theoretical model of BMI and discussed how the various internal factors, such as organizational culture, organizational structure, organizational inertia, leadership and technology drive BMI. The study highlighted how BMI gives companies sustainable competitive advantage. The study also highlighted that the BMI is an important predictor of firm performance and strategic flexibility. Further, the study found that the firm size and firm inexperience mediate the influence of BMI on firm competence.Research limitations/implicationsThe study highlights how BMI can be a source of sustainable competitive advantage and enhance the firm competitiveness and strategic flexibility of a firm.Originality/valueThis study is the first of its kind which has developed a conceptual model on the various internal factors and consequences of BMI. The study highlighted how BMI is an important predictor of firm performance, competitive advantage and strategic flexibility.

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