PL EN


2014 | 10 | 1 | 43-59
Article title

Competitive advantages of SMEs. The case of the Lodz Metropolitan Area

Content
Title variants
Languages of publication
EN
Abstracts
EN
Small and medium sized enterprises (SMEs) play a major role in economic growth in developed and developing countries. For example, in the European Union, SMEs contribute to over 99% of all enterprises and more than 100 million jobs, representing 67% of private sector employment. In the Lodz Metropolitan Area (LMA) SMEs play a decisive role in economic development and their economic condition translates into the condition of the sub-region. Hence, the main objective of the paper is the assessment of SMEs operations in the LMA by the identification of development factors and barriers to economic activity. The paper uses the results of a direct study of the group of 171 small and medium sized enterprises conducted in 2012. We applied various statistical tools useful in processing data from questionnaires, e.g. cross-sectional analysis, averages, variation coefficients, Cramer’s V, and internal consistency coefficient Cronbach’s alpha. The paper goes on to discuss the competitiveness of goods and services produced by companies included in the study by making reference to theories of sources of competitive advantage. Its important part will be devoted to the assessment of SMEs operating conditions taking account of 30 factors that facilitate or hamper business activity. The analysis will also cover enterprises’ opinions on selling opportunities in a medium-term perspective. These opinions will be presented in various cross-sectional studies.
Year
Volume
10
Issue
1
Pages
43-59
Physical description
Dates
published
2014-04-22
Contributors
References
  • Act on Freedom of Business Activity, Official Journal of 2010 No.220 item 1447 with further amendments
  • Abou-Moghli, A.A., Al Abdallah, G.M., Muala, A., 2012. "Impact of innovation on realising competitive advantage in banking sector in Jordan", American Academic and Scholarly Research Journal, 4(5), pp.1-9
  • Barney, J., 1986. "Strategic factor markets: expectations, luck, and business strategy", Management Science, 32 (10), pp.1231-1241,http://dx.doi.org/10.1287/mnsc.32.10.1231
  • Barney, J., 1991. "Firm resources and sustained competitive advantage", Journal of Management, 17 (1), pp.99-120, http://dx.doi.org/10.1177/014920639101700108
  • Barney, J.B., 2002. "Gaining and sustaining competitive advantage", 2nd ed. Reading, Mass.: Addison-Wesley
  • Barney, J.B., Clark D.N., 2009. "Resource-based theory. Creating and sustaining competitive advantage", Oxford, New York: Oxford University Press
  • Barney, J. B., Wright, P.M., 1998. "On becoming a strategic partner: The role of human resources in gaining competitive advantage", Human Resource Management, 37 (1), pp.31-46, http://dx.doi.org/10.1002/(SICI)1099-050X(199821)37:1<31::AID-HRM4>3.0.CO;2-W
  • Barreto, I., 2010. "Dynamic capabilities: A review of past research and an agenda for the future", Journal of Management, 36 (1), pp.256-280,http://dx.doi.org/10.1177/0149206309350776
  • Bednarz, J., 2011. "Klasyczne a nowe teorie przewagi konkurencyjnej przedsiębiorstw", in: "Problemy współczesnej gospodarki światowej", Treder, H. (ed.), Prace i Materiały Instytutu Handlu Zagranicznego UG nr 30, Wydawnictwo Uniwersytetu Gdańskiego, Gdańsk, pp.112-122
  • Besanko, D., Dranove, D., Shanley, M., 2000. Economics of Strategy, New York: John Wiley & Sons
  • Christensen C., 2001. "The past and future of competitive advantage", Sloan Management Review, 42 (2), pp.105-109
  • Coplin, L.H., 2002. "Competitive advantages and the SMEs: The role of Distinctive Competences as Determinants of Success", PhD Thesis, Universitat Autononma De Barcelona
  • Dosi, G., Nelson, R., Winter, S., 2000. "Introduction", in "The nature and dynamics of organizational capabilities", Dosi, G., Nelson, R., Winter, S., Oxford: Oxford University Press
  • Dzikowska, M., Gorynia, M., 2012. Teoretyczne aspekty konkurencyjności przedsiębiorstwa - w kierunku koncepcji eklektycznej?", Gospodarka Narodowa, 4, pp.1-30
  • Eisenhart, K.M., Martin J.A., 2000. "Dynamic capabilities where are they?", Strategic Management Journal, 21, pp.1105-1121, http://dx.doi.org/10.1002/1097-0266(200010/11)21:10/11<1105::AID-SMJ133>3.0.CO;2-E
  • Ferguson, G.A., Takane Y., 2004. "Statistical analysis in psychology and education", Warsaw: Wydawnictwo Naukowe PWN
  • Grant, R.M., 1991. "Contemporary strategy analysis" . Cambridge: Blackwell Publishers
  • Harmsen, H., Grunert, K.G., Declerck, F., 2000. "Why did we make that cheese? An Empirically Based Framework for Understanding What Drives Innovation Activity", R&D Management, 30 (2), pp.151-166
  • http://dx.doi.org/10.1111/1467-9310.00165
  • Jyoti, J., Rani, R., Kotwal, S, (2013. Knowledge Management Practices and Competitive Advantage: The Mediating Role of Innovation Capacity" Kay, J., 1993. "The structure of strategy", Business Strategy Review, 4 (2), pp.17-37
  • Łódzki Obszar Metropolitalny 2008-2010, Statistical Office in Lodz, Lodz 2011
  • Martín-de Castro, G., Delgado-Verde, M., Navas-López, J.E., Cruz-González, J., 2013. "The moderating role of innovation culture in the relationship between knowledge assets and product innovation", Technological Forecasting and Social Change, 80 (2), pp.351-363, http://dx.doi.org/10.1016/j.techfore.2012.08.012
  • Penrose, E.T., 1959. "The theory of the growth of the firm", New York: Oxford University Press
  • Peteraf, M., Bergen, M., 2003. "Scanning dynamic competitive landscapes: a market-based and resource-based framework", Strategic Management Journal, 24 (10), pp.1027-1041, http://dx.doi.org/10.1002/smj.325
  • Porter, M.E., 1985. "Competitive Advantage; Creating and Sustaining Superior Performance", New York: The Free Press
  • Postrel, S., 2006. "Competitive advantage and the surplus landscape: A synthesis", Working Paper, Cox School of Business, Southern Methodist University.
  • Prahalad, C.K., Hamel G., 1990. "The core competence of the corporation", Harvard Business Review, 68 (3), pp.79-91
  • Rumelt, R., 1984. "Towards a strategic theory of the firm", in: "Competitive Strategic Management", Lamb, R., (ed.), Englewood Cliffs, New York: Prentice-Hall
  • Rumelt, R.P., 2003. "What in the world is competitive advantage?", Working paper. The Anderson School, UCLA.
  • Schoemaker, P.J.H., 1990. "Strategy, complexity and economic rent", Management Science, 36 (10), pp.1178-1192, http://dx.doi.org/10.1287/mnsc.36.10.1178
  • Sheehan, N.T., Foss, N.J., 2009. "Exploring the roots of Porter's activity-based view", Journal of Strategy and Management", 2 (3), pp.240-260, http://dx.doi.org/10.1108/17554250910982480
  • Spanos, Y.E., Lioukas, S., 2001. "An examination into the causal logic of rent generation: contrasting Porter's competitive strategy framework and the resource-based perspective", Strategic Management Journal, 22 (10), pp. 907-934, http://dx.doi.org/10.1002/smj.174
  • Stalk, G., Evans, P., Shulman, L.E., 1992. "Competing on capabilities: The new rules of corporate strategy", Harvard Business Review, 70 (1), pp.57-69
  • Teece, D., Pisano, G., Shuen, A., 1997. Dynamic capabilities and strategic management", Strategic Management Journal, 18 (7), pp.509-533, http://dx.doi.org/10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z
  • Urbancová, H., 2013. "Competitive advantage achievement through innovation and knowledge", Journal of Competitiveness, 5 (1), pp.82-96, http://dx.doi.org/10.7441/joc.2013.01.06
  • Wernerfelt, B., 1984. "A resource-based view of the firm", Strategic Management Journal, 5 (2), pp.171-180, http://dx.doi.org/10.1002/smj.4250050207
  • Winter, S.G., 2003. "Understanding dynamic capabilities", Strategic Management Journal, 24 (10), pp.991-995, http://dx.doi.org/10.1002/smj.318
  • Zott, Ch., 2003. "Dynamic capabilities and the emergence of intraindustry differential firm performance: Insights from a simulation study", Strategic Management Journal, 24 (2), pp.97-125
  • http://dx.doi.org/10.1002/smj.288
Document Type
Publication order reference
YADDA identifier
bwmeta1.element.desklight-ff1e4465-64d4-49f9-9c62-e0d4faf53801
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.