Product innovation: A tool for competitive advantage

Angelmar, Reinhard

doi:10.1016/0377-2217(90)90277-i

Cited by 32 publications

(11 citation statements)

References 22 publications

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“…Similar arguments are proposed by Lengnick-Hall (1992) which argues that innovation leads to sustainable competitive advantage when it is 'hard to imitate', reflects 'market realities', 'enables a firm to exploit the timing characteristics of the relevant industry' and relies on 'capabilities and technologies that are readily accessible to the firm'. More specifically on product innovation for competitive advantage, Angelmar (1990) discusses the importance of market timing, market acceptance and the firm's capability in building up resources in time, incidentally foretelling Lengnick-Hall's arguments.…”

Section: Competitive Advantage and Its Sourcesmentioning

confidence: 98%

Volume building as competitive strategy

Chiang

Tang

Wong

2008

Construction Management and Economics

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The competitive strategy and advantage of building contractors is examined. In Hong Kong, just a few contractors have dominated the market of public housing construction, where prefabrication is mandatory. Does prefabrication technology lead to business success? Based on quantitative analysis of a questionnaire survey and its validation with interviews, we find that prefabrication by itself is not regarded as a sustainable source of competitive advantage. Instead, market share is the most statistically significant factor related to business growth. The experience curve theory suggests that, upon acquiring a critical volume of business, contractors have the opportunity to exploit economies of scale, bargaining power and learning to reduce costs to get more business. Through this iterative process, some contractors would manage to innovate their building process to make their supply chain management more efficient and effective than others', thus attaining competitive advantage in cost leadership and getting more business in return to sustain their volume building strategy. The findings suggest that, to succeed in a mature industry such as building construction, it takes clever harnessing of the construction process rather than simply the mastery of prefabrication technology itself.Competitive advantage, strategy, prefabrication, Hong Kong,

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Section: Competitive Advantage and Its Sourcesmentioning

confidence: 98%

Volume building as competitive strategy

Chiang

Tang

Wong

2008

Construction Management and Economics

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“…Hambrick and Mason (1984) argued strategic decisions that determine the competitiveness of the firms are made following the principle of bounded rationality. Decisions related to the adoption of innova-The Effect Of Firm Characteristics and Collaboration Experience On ... tion are strategic decisions since they create a competitive advantage (Angelmar 1990).…”

Section: Theoretical Background and Hy-potheses Development Decision-mamentioning

confidence: 99%

The Effect of Firm Characteristics and Collaboration Experience on the Relationship Between Decision-Makers Behavioral Preferences and University’s Innovations Adoption

Kuntadi

Sumarwan

Najib

et al. 2020

JAM

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This study aims to determine the effect of moderator variables on the relationship between decision-makers behavioral preferences and innovation adoption. Moderator variables are collaboration experience with university and firm characteristics such as ownership of the firm, size of the firm, and status of the firm. There is still a limited understanding of decision-makers behavioral preferences in the adoption of innovations from university, even though this understanding is needed to enhance the success of university and industry collaboration. This study explores several moderator variables that have not been previously studied together before on the relationship between decision-makers behavioral preferences and innovation adoption. This study distributes questionnaires to 365 respondents who are decision-makers of food and beverage firms in Jakarta and surrounding areas. Quantitative analysis of SEM data was carried out with LISREL. The results showed that decision-makers behavior preferences have a significant relationship with innovations adoption and only the status of the firm and collaboration experience with university influence the relationship between decision-makers behavioral preferences and innovations adoption. The results of this study reflect that some moderator variables have a significant effect on the relationship between decision-makers behavioral preferences and innovations adoption. Future research may employ other moderator variables such as government regulations to find out its influence on the adoption of innovation from the university.

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“…RBV emerged as an alternative to the strategic management theories explaining competitive advantage of an enterprise with its market position (Baumane-Vitolina & Cals, 2013). Competitive advantage has important forces in the global industrial competition for survival and continuity (Angelmar, 1990). Firms may gain a sustainable competitive advantage if they choose the right innovation strategy (Kuratko et al, 2005).…”

Section: Issn: 2320-5407mentioning

confidence: 99%

Resource Based View as a Strengthening of Industry’s Capabilities to Improve Competitive Strategies.

Sarjana¹

2017

IJAR

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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.

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Product innovation: A tool for competitive advantage

Cited by 32 publications

References 22 publications

Volume building as competitive strategy

Volume building as competitive strategy

The Effect of Firm Characteristics and Collaboration Experience on the Relationship Between Decision-Makers Behavioral Preferences and University’s Innovations Adoption

Resource Based View as a Strengthening of Industry’s Capabilities to Improve Competitive Strategies.

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