Competitive Advantage and Competitive Dynamics in Terms of Strategic Innovation Orientation

Adıgüzel, Zafer

doi:10.1007/978-3-030-68612-3_4

Cited by 1 publication

(2 citation statements)

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“…The adoption of a differentiation strategy increases the degree of uncertainty, resulting in huge performance fluctuations. However, some research support that strategic change can ensure a sustainable competitive advantage (Adiguzel, 2021). Strategic deviance and diversification positively affect enterprise resilience (Kong et al, 2021).…”

Section: Conceptual Frameworkmentioning

confidence: 99%

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Analysis Strategy Configurations in Risk Taking Using Fuzzy Set Qualitative Comparative Analysis Model

Yang

Bai

Yang

2023

Technological and Economic Development of Economy

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Risk-taking is a key factor in corporate competitive advantage, and economic development. The type of strategic configuration that can drive high-level risk-taking is a problem worthy of attention. This study takes 2,219 listed firms in China as samples and performs a fuzzy set qualitative comparative analysis (fsQCA) to explore the linkage effect and path choice of strategic change, corporate social responsibility, innovation, diversification, and financialization with corporate risk-taking (CRT). It finds that: (a) a single strategy does not constitute a necessary condition for high-level CRT; (b) three types of adaptive schemes exist for high-level CRT, among which the risk-taking level is the highest under the path of “Innovation, diversification, and financialization”; and (c) the driving paths of CRT in different regions, industries, and ownership show obvious differences.

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Section: Conceptual Frameworkmentioning

confidence: 99%

“…According to the enterprise capability theory, dynamic capabilities, lead to flexibility and change advantages in the capability system. Strategic change has been verified to ensure a sustainable competitive advantage (Adiguzel, 2021).…”

Section: Introductionmentioning

confidence: 99%