Institutions, institutional quality, and international competitiveness: Review and examination of future research directions

Buitrago, E R Ricardo; Camargo, María Inés Barbosa

doi:10.1016/j.jbusres.2021.02.024

Cited by 50 publications

(38 citation statements)

References 172 publications

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“…Therefore, it seems that the influences of government regulations and support on organizational adoption of SSTs depend on the environment and SST type, unveiling new research directions. This is consistent with the prior argument that a firm's technology and its capability to transfer technology into CP were associated with the firm's national and global capabilities (Buitrago R and Barbosa Camargo, 2021;Teece, 2014).…”

Section: Findings and Discussionsupporting

confidence: 89%

“…CP has long been established as essential to the survival of a firm (Baumann et al, 2017), whereas how to accumulate resources to enhance CP remains unclear, particularly during the COVID-19 pandemic (Redding, 2020). CP and dynamic capabilities are essential in understanding international competitiveness (Buitrago and Barbosa Camargo, 2021). The current research integrated CP with dynamic capabilities to understand how hotels evolve their abilities to leverage technology recovery strategy to gain CP.…”

Section: Self-service Technology As a Recovery Strategymentioning

confidence: 99%

“…Moreover, pinpointing the dynamic capabilities associated with SST adoption is important because they are considered the source for firms to create sustained CP (Baumann et al, 2019;Coreynen et al, 2020). Yet, based on a recent literature review conducted by Buitrago R and Barbosa Camargo (2021), there is no research integrating CP with dynamic capabilities as existing studies have separately focused on the prevalence of one or the other in understanding competitiveness. This is the first time that these separate theoretical approaches have been integrated to understand how the SST-based risk-reduction strategy helps a hotel to gain productivity and competitiveness during the COVID-19 pandemic and in its aftermath.…”

Section: Theoretical Contributionsmentioning

confidence: 99%

“…Distinct pandemic responses in different countries have resulted in different outcomes (Shapoval et al, 2021). CP has developed a relationship and analysis structure among culture, competitiveness and performance (Baumann et al, 2019;Buitrago R and Barbosa Camargo, 2021). Adding that dynamic capabilities theory is useful for understanding international competitiveness, it would be interesting to examine SST-based strategy and its performance across cultures.…”

Section: Limitations and Future Researchmentioning

confidence: 99%

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How hotels adjust technology-based strategy to respond to COVID-19 and gain competitive productivity (CP): strategic management process and dynamic capabilities

Liu

Yang

2021

IJCHM

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Purpose The purpose of this study is to explore how hotels evolve their dynamic capabilities to adjust their technology-based strategy to improve performance and to gain competitive productivity (CP) during the COVID-19 pandemic and in the aftermath. Design/methodology/approach In-depth interviews with hoteliers were conducted to unveil their dynamic capabilities amid the pandemic as regard adjustments and performance of self-service technology (SST)-based strategies. Thematic analysis was used to analyze the data. Findings Data analysis revealed four types of dynamic capabilities (i.e. sensing, learning, integrating and coordinating capabilities). Equipped with these capabilities, hotels made minor adjustments to their SST strategies. In general, during an economic downturn, hotels refrained from introducing new SSTs. SSTs introduced before the pandemic were used more frequently and received enhanced customer feedback. The findings further revealed that the factors influencing hotels’ application of SSTs before and after the outbreak of COVID-19 remained similar. Originality/value This is the first research integrating CP, dynamic capabilities and strategic management process to explain how hotels adjust technological strategies to recover in a suddenly changed environment. Such a framework enables scholars and practitioners from content-oriented and process-oriented perspectives to make quick but sound strategic management decisions in adapting to turbulent environments. This timely study enriches the expertise of using technology as a recovery strategy and contributes to future research on the practical application of SSTs and crisis management.

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Section: Findings and Discussionsupporting

confidence: 89%

Section: Self-service Technology As a Recovery Strategymentioning

confidence: 99%

Section: Theoretical Contributionsmentioning

confidence: 99%

Section: Limitations and Future Researchmentioning

confidence: 99%

See 2 more Smart Citations

How hotels adjust technology-based strategy to respond to COVID-19 and gain competitive productivity (CP): strategic management process and dynamic capabilities

Liu

Yang

2021

IJCHM

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“…Latin America's economies have experienced increased prosperity in recent decades (Cárdenas et al, 2018). The paper presents two alternative theories to investigate the interaction between institutions and productivity: social capital and the resource environment (Buitrago & Barbosa Camargo, 2021).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Testing for Convergence in Competitiveness and Growth in Selected Economies from 1994 to 2020

Škare¹,

Porada-Rochoń²,

Stjepanović³

2021

JOC

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Competitiveness on a small and large scale is necessary for growth. A definitive link between the level of competitiveness and growth has been difficult to prove. One of the primary objectives of economic planning is to promote price and exchange rate stability. Entrepreneurialism and productivity also increase the country’s export competitiveness. The aim of this study is to test for the convergence in competitiveness and convergence club existence in selected economies. No previous research had tested for convergence in competitiveness using a nonlinear timevarying factor model. This paper provides an overview on convergence in competitiveness and convergence clubs’ existence for 42 countries using quarterly data from 1994q1 to 2020q4 testing on competitiveness. Convergence log (t) test results show differences in competitiveness between classified convergence clubs. Russia, Brazil, and Turkey are the clubs (groups of countries) that show a transitional path (convergence in competitiveness) that differs entirely from the rest of the sample. Countries with more natural resources and exogenous monetary policies follow a unique development path to competitiveness. We find no evidence of divergence in countries within the clubs. However, we find a club (group of countries) following a clear divergence path from the other countries (Russia, Brazil, and Turkey). Our findings could potentially explain the increase in divergence in competitiveness across countries after the financial crisis of 2008.

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Interaction of home and host countries' institutional conditions: An analysis of greenfield projects by Latin American firms

Alcaraz

Mazé

2023

Thunderbird Intl Bus Rev

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Studying firms from emerging economies has been receiving more attention in recent decades. However, the host‐ and home‐country perspectives have allowed understanding, to a significant extent, of the firms' expansion abroad. We argue the necessity of investigating the interaction of home and host‐country institutional conditions to advance the understanding of the internationalization strategies of firms from emerging economies. Employing a sample of 1387 firms from 17 Latin American countries, we examine how their operations expanded from 2003 to 2019 by undertaking 2636 cross‐border greenfield projects in 94 host countries. Results indicate that the interaction of home and host countries' weak institutional conditions drives the decision‐making process for the internationalization of Latin American firms.

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Institutions, institutional quality, and international competitiveness: Review and examination of future research directions

Cited by 50 publications

References 172 publications

How hotels adjust technology-based strategy to respond to COVID-19 and gain competitive productivity (CP): strategic management process and dynamic capabilities

How hotels adjust technology-based strategy to respond to COVID-19 and gain competitive productivity (CP): strategic management process and dynamic capabilities

Testing for Convergence in Competitiveness and Growth in Selected Economies from 1994 to 2020

Interaction of home and host countries' institutional conditions: An analysis of greenfield projects by Latin American firms

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