Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

Bari, Nadeem; Chimhundu, Ranga; Chan, Ka-Ching

doi:10.3390/su14031531

Cited by 46 publications

(39 citation statements)

References 52 publications

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“…Meanwhile, there may exist a close association between GVC and GDC . Specifically, many studies have suggested that value co‐creation improves the dynamic capability of enterprises (Bari et al, 2022; Fang, 2008; Preikschas et al, 2017; Siaw & Sarpong, 2021). Firstly, value co‐creation facilitates organizational innovation and develops dynamic capability through cooperation with stakeholders (Bari et al, 2022; Bocken & Geradts, 2020; Cezarino et al, 2019; Kumar et al, 2018).…”

Section: Literature Review and Hypotheses Developmetmentioning

confidence: 99%

Promoting sustainable development: Multiple mediation effects of green value co‐creation and green dynamic capability between green market pressure and firm performance

Huang,

Tian,

Cheablam

2023

Corp Soc Responsibility Env

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The need for organizations to safeguard and advance environmental sustainability has recently become imperative due to mounting pressures from various stakeholder groups. However, a significant research gap remains regarding how these pressures influence enterprises' green practices and performance. The aim of this study is to examine the impact of green market pressure exerted by customers and competitors on firm performance, taking into account the multiple mediating effects of green value co‐creation and green dynamic capability. Questionnaire survey data collected from 274 high‐tech manufacturing companies in the Yangtze River Delta of China were used to test the proposed relationships. By testing the mediation effects based on stakeholder theory and dynamic capability view, the results show that green market pressure positively affects firm performance, while both green value co‐creation and green dynamic capability play as an individual mediator between green market pressure and firm performance. Moreover, green value co‐creation and green dynamic capability sequentially mediate the link between green market pressure and firm performance. These findings provide valuable suggestions for improving firm performance under the background of environmental protection.

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Section: Literature Review and Hypotheses Developmetmentioning

confidence: 99%

Promoting sustainable development: Multiple mediation effects of green value co‐creation and green dynamic capability between green market pressure and firm performance

Huang,

Tian,

Cheablam

2023

Corp Soc Responsibility Env

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“…As an important part of the sustainable development strategy of enterprises, the sustainable competitiveness of enterprises is not only a strong support for the development of enterprises, but also the only way for the sustainable development of enterprises. erefore, sustainable competitive advantage has always been the topic of concern of enterprise strategy theory [6,7]. Porter [8] first mentioned sustainable competitive advantage when discussing the company's long-term competitive advantage to obtain low cost or differentiation, and pointed out that the sustainable competitive advantage of an enterprise comes from the value it creates for customers that exceeds its cost, which ultimately depends on the value it can create for customers.…”

Section: Sustainable Competitive Advantage and Customer Perceived Valuementioning

confidence: 99%

Research on Customer Perceived Value Evaluation of New Chinese-Style Clothing Based on PSO-BP Neural Network

Shu

2022

Scientific Programming

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In the current era that consumers pursue personalized experience, in order to optimize the customer experience of new Chinese-style clothing products and improve the evaluation procedures of new Chinese-style clothing products, based on the theory of customer perceived value, this paper constructs the evaluation index and evaluation model of new Chinese-style clothing customer perceived value. This study is divided into three stages: firstly, through literature research and interview, thirty-seven elements of the evaluation index of customer perceived value of new Chinese-style clothing are defined; secondly, through questionnaire survey and exploratory factor analysis, seven dimensions of the evaluation index of the customer perceived value of new Chinese-style clothing were extracted, which were cultural and educational value, aesthetic value, creative value, green value, engineering value, social value, and quality value, respectively; thirdly, we propose a PSO-BP neural network to evaluate the customer perceived value of new Chinese-style clothing, and we choose twenty-two and eight new Chinese-style clothing as training samples and test samples, respectively. The experimental results show that the PSO-BP neural network can accurately evaluate the customer perceived value of new Chinese-style clothing, and its error is controlled by 2.5% compared with the traditional BP neural network. The research results show that enterprises can improve the quality of product design through the new Chinese-style clothing customer perceived value evaluation indicators and models, and then improve their sustainable competitive advantage, so as to achieve the sustainable development of the new Chinese-style clothing industry ultimately.

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“…While the objective is to deliberate on the terms under which the resources of this company can be under a sustained competitive advantage, the company is seen to have a sustainable competitive advantage when it meets two conditions [62][63]. First condition is when the firm executes a value creating strategy which is not simultaneously being implemented by any current or potential competitors; and secondly, when other firms are unable to duplicate the benefits on this strategy [64].…”

Section: Model For Sustained Competitive Advantagementioning

confidence: 99%

Design/Engineering For Production (DEFP) and Shipyard: A Review on the Malaysian Technological Aspects and Practices

Abdullah

Lazim

2022

ARASET

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Design/Engineering for Production (DEFP) DEFP is viewed as a function and strategic resource of the shipyard. More importantly, the ability to strengthen DEFP would enable the shipbuilding industry to gain competitive advantage. This paper examines the role of Design/Engineering for Production (DEFP) as strategic decision in the shipbuilding industry. Incorporating evidence from reviews of relevant literature, this study demonstrates that there were abundant opportunities for DEFP, thus, proves that the role of DEFP was important. Moreover, the current approach focusing on transformation programs which emphasized on enhancement and effectiveness of planning and DEFP functions were justified. The company’s investment in this area of concerned eventually would bring up the competitiveness of the company. Indirectly, the effort would also be contributing to the continual growth of the local shipbuilding and ship repair industry.

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Dynamic Capabilities to Achieve Corporate Sustainability: A Roadmap to Sustained Competitive Advantage

Cited by 46 publications

References 52 publications

Promoting sustainable development: Multiple mediation effects of green value co‐creation and green dynamic capability between green market pressure and firm performance

Promoting sustainable development: Multiple mediation effects of green value co‐creation and green dynamic capability between green market pressure and firm performance

Research on Customer Perceived Value Evaluation of New Chinese-Style Clothing Based on PSO-BP Neural Network

Design/Engineering For Production (DEFP) and Shipyard: A Review on the Malaysian Technological Aspects and Practices

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