The level of activity in an economy is conditioned by the institutional settings
where the activity is taking place. However, institutional theory does not provide
a comprehensive view over the competitive advantage’s predictors since it
informs only from an institutional angle. Likewise, the resource-based view
covers only organisational resources that highlights their successful utilisation for
competitive advantage. In addition, knowledge-based view, fails to explain only
by itself the firm’s competitive advantage. However, the three theories jointly
offer a comprehensive view of the competitive advantage’s determinants.
Therefore, in contemporary time, there is a need to study deep-rooted institutions
and the utilization of resources and knowledge to obtain competitive advantage.
By integrating these three perspectives, this thesis seeks to fill in such research
gaps via examining an improved conceptual framework, which sheds light on the
direct and moderating effects of institutions and resources (internal resources and
external knowledge acquisition) on firms’ competitive advantage.
The research strategy that is used in this thesis is survey. The sample frame for
this study consists of enterprises operating in three countries in Western Balkans:
Albania, Kosovo, and North Macedonia. A quantitative approach is used to test
the formulated hypothesis. 819 questionnaires are collected and after the data
cleaning, only 651 records (above 200 respondents per each country) are used in
the data analysis and hypothesis testing. Three data processing and analysis
computer software: Microsoft Excel, SPSS 23 and SmartPLS 3.0. Partial least
square (PLS) structural equation modelling (SEM) method is performed to
examine and test the formulated research model.
The main findings suggest that: (i) informal and economic institutional
obstacles constraint the firm’s competitive advantage; (ii) the institutional
interplay is important in exploring the formal institutions’ role in moderating the
effects of informal and economic institutions on competitive advantage in
transition economies; (iii) internal resources and external knowledge acquisition
are significant determinants for competitive advantage. Nevertheless, contrary to
the expectations, the direct effect of formal institutions on competitive advantage
is not significant, which emphasises its moderating role in the above linkages.
The work contributes to the entrepreneurship literature by combining in an
improved research model three perspectives: institutional theory, resource-based
and knowledge-based views, and enriching the existing literature by filling in the
identified research gaps. The research implications, limitation, and future
research are highlighted.
| ISBN: | 978-80-7678-086-6 |
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| EAN: | 9788076780866 |
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| Počet stran |
42 stran |
| Datum vydání |
08. 09. 2022 |
| Pořadí vydání |
První |
| Jazyk |
anglický |
| Vazba |
e-kniha - pdf |
| Autor: |
Gentjan Çera |
| Nakladatelství |
Univerzita Tomáše Bati ve Zlíně |
| Tématická skupina |
999 - nezařazeno |
| Neprodejná publikace. Publikaci je možné poptávat zde: Volně dostupné na http://hdl.handle.net/10563/51006 |
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Svaz českých knihkupců a nakladatelů