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EN
Clusters of interrelated firms could be an important source of competitive advantage. However, measuring the performance of clusters and firms within clusters is difficult. In this paper the authors show how the residual income model can be used to measure the performance of clusters and firms within clusters. This is accomplished by separating the performance due to cluster membership from the performance due to firm-specific factors. The developed model should be of particular interest to managers of firms within clusters and the public sector in determining appropriate interventions for forming and supporting clusters.
EN
National economies are looking for ways to stabilize their performance and ensure continuous economic growth. Innovative environment that supports innovation activity of enterprises can stimulate firms to increase efficiency and finding new business opportunities. Strategic innovation and continuous process of innovation are the determinants of sustainable competitive advantage. The authors of this paper prove on the base of the empirical study the existence of causal relationship between the implementation of the principles of knowledge management and the innovation potential of enterprises. Thus they indirectly demonstrate the existence of a causal nexus between the change towards a learning organization and the sustainable competitive advantage achievement. Knowledge management can be then designated as an important determinant of the sustainable competitiveness.
EN
(The abstracted paper is also published in English: Ibid. 2005, Nr 1a(40)05, pp.65-82). The creation and maintaining of a competitive advantage by a company is possible through actions in the sphere of human resources (HR). The resource-based view of a company, helps in explaining the role of HR in gaining the advantage and achieving better results than the competitors. The article present various types of models of the influence of HR management on the company activities.
EN
Competition is a way of coordinating the market, whereas competitiveness is an asset in the rivalry between companies. All market players benefit from competition. On the demand side of the market, consumers receive a product that can better satisfy their needs. On the supply side, competitive conditions of economic environment force enterprises to enhance their economic activity (stimulation effect) as well as to develop cooperation based on specialisation (specialisation effect). Tangible benefits of competition are also expected as a result of intensification of the effect of production scale (optimalisation effect). Competitiveness is a notion that estimates the behaviour of the participants of market competition, mostly from the point of view of the results of their activities and their capability to generate a financial surplus (or other benefits). With regard to the competitiveness of the Polish economy, we can observe a steady improvement in its competitive position. However, the pace of change is far from satisfactory. There are still numerous segments whose prospects are not optimistic. These include, for example, infrastructure, macroeconomic environment, innovativeness or the efficiency of economic environment institutions. In order to assess the chances of boosting the competitiveness of the Polish economy one must determine the relevant factors of economic growth. It seems that more weight should be given to direct factors affecting the dynamics of growth processes. It is the efficiency of human capital that determines what, how and where will be manufactured and in what proportions economic effects will be distributed. We should search for factors which determine the growth dynamics of the competitiveness of economic aggregates (enterprises, economic branches) in the long term.
EN
The paper investigates the notion of value chain: a concept of strategic management which is more popular with scholars than with practitioners. The author explains why theorists wrongly interpret the value chain concept, considering it as one of the many instruments of strategic analysis, useful for the rationalisa-tion of costs. The present paper clarifies the concept as intended by its creator. Porter regarded it as a series f guidelines instructing managers how to identify and build a good competitive strategy, making it possible to achieve competitive advantage, briefly outlined in his former book on competitive strategy. This paper, moreover, discusses some possible applications of the value chain concept and its relation to other theories of business strategy.
EN
New information and communication technologies, hand-in-hand with globalization, formed condition for the creative economy, which is based on human creativity. In science, art and culture fields, where creative economy has its grassroots, represent an important source of growth. This paper is pointing out a new competitive advantage, not just for each corporation but for the whole regions as well. It is describing the importance of creative economy growth and bringing survey of approaches to the creative economy definition, its ranking and measurement efforts, which lately is bringing certain problems, since the creativity is the input and not an output, used (as of now) for field outputs structuring.
EN
Globalization and liberalization of the global economy give an increasing opportunity for domestic firms to internationalize their operation. There are several different ways of entering the foreign market, from export to direct investments. According to the J. H. Dunning's eclectic theory of international production, which is widely accepted as the best theoretical explanation of foreign direct investments (FDI), a firm only makes direct investments when three conditions are simultaneously fulfilled. These are ownership advantages, location advantages and internalization advantages. The article seeks to explain, on the theoretical basis, the necessary conditions for the firm to undertake FDI. The last part gives the theoretical introduction to problem of Home Market Effects of FDI
EN
Shaping a competitive advantage amidst the contemporary market economy is a very complex issue. The competitive advantage should be sourced both in the exogenous and endogenous dimension of the business operation. However, neither source is a guarantee of a sustained competitive advantage. This calls on enterprises for a flexible approach to their business models.
EN
This paper examines “revealed” comparative advantage (RCA) and international trade specialisation in the EU and USA as comparative analysis between the mentioned trade partners. In the midst of preparations for the potential Transatlantic Trade and Investment Partnership (TTIP) it is necessary to examine the sectoral competitiveness of EU in relation with its trade partner – the USA. For this aim, in our analysis we have used Balassa´s index of RCA and other alternative measures of comparative advantage as well as empirical analysis for identifying the comparative advantage trend. According to our empirical analyses we found that, while, based on Balassa’s RCA index, the EU-28 has reached a comparative advantage in smaller group of 2-digits SITC commodities (32 out of 66) than the USA (40 out of 66), based on the other alternative measures and econometric analyses, the EU has not only reached a comparative advantage in more industries, but also a more stable trend of international specialisation than the USA during the examined period.
PL
Gwałtowny rozwój technologii informatyczno-komunikacynych zainicjował rewolucję we współczesnym społeczeństwie. XXI wiek oznacza dla organizacji biznesowych gwałtowne zmiany spowodowane transformacją technologiczną. internet oddziałuje zarówno na tradycyjne przedsiębiorstwa, jak i ich strategie. Cyberprzestrzeń stanowi zmienne środowisko, warunkujące rozwój specyficznych zachowań organizacyjnych. Adaptacja do nowych warunków wymaga dogłębnych zmian w obrębie kultury organizacji. W efekcie, z tradycyjnej kultury wyłania się e-kultura. E-kultura stanowi kluczowy czynnik integrujący wszystkie wymiary organizacji wkraczającej do przestrzeni wirtualnej. Ciągła zmiana i jej nieregularność powodują wykształcenie się nowych praktyk w organizacjach w zakresie zarządzania kapitałem intelektualny oraz innowacją. Organizacje w ruchu wpisują się model nowych przedsiębiorstw charakterystycznych dla rzeczywistości wirtualnej. Funkcja personalna ulega modyfikacji. Nowe praktyki zarządzania zasobami ludzkimi mają za zadanie odpowiedzieć na powstające wyzwania.
EN
The rapid development of information and communication technologies has initiated a revolution in modern society. For business organizations, the 21st century means turbulent transformation caused by technological change. The Internet affects both traditional companies and their strategies. Cyberspace is a variable environment that leads to the development of specific organizational behavior. Successful adaptation to new conditions requires far-reaching changes in organizational culture. In effect, an e-culture is emerging out of the traditional culture. E-culture is a factor integrating all dimensions of an organization entering virtual space. Continuous change and its irregularity are responsible for the forming of new practices within the organization in the management of human capital and innovation. The mobile organization represents the new model of organizations characterizing virtual reality. The personnel function is subject to modification. New human resource management practices are tasked with finding a response to rising challenges.
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