The competitive advantage of regions: economic geography and strategic management intersections

Knight, Eric; Kumar, Vikas; Wójcik, Dariusz; O’Neill, Philip

doi:10.1080/00343404.2020.1739262

Cited by 20 publications

(15 citation statements)

References 30 publications

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“…national, firm and individual) is useful in that it makes it clear that the latter is where CP can be measured, whereas macro, meso and micro are useful heuristics to discuss the (sub)potential of the system at different points. Importantly, research can address any point between the instance and the system, for example, clusters of firms in cities or regions as a unit of analysis between individual firms and nations (Knight et al , 2020; Redding, 2020).…”

Section: Naming Competitive Productivity (Cp)mentioning

confidence: 99%

The concept of competitive productivity (CP): a linguistic investigation

Hoadley

2020

CCSM

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PurposeThe paper presents an investigation into the validity and robustness of the concept of competitive productivity (CP) using linguistic analysis and theory to explore the foundational CP concepts and the relationships between them.Design/methodology/approachThe aim of this paper is to make a theoretical contribution to the conceptualisation of CP in order to inform its understanding, measurement and application.FindingsThe investigation indicates the relevance of three dimensions (instantiation, stratification and system) to understand CP as a complex, multidimensional system. Instantiation both clarifies CP as a multilevel system and highlights the need for an additional dimension(s) to understand the relationship between national, firm and individual CP (NCP, FCP and ICP). In combination, the two dimensions of stratification and system model CP as a series of nested strata (theory/models, concepts, constructs, variables and measures) through which marketing and management theory and knowledge is created and demonstrate how the options at each level can be articulated as system networks.Research limitations/implicationsManaging the complexity of CP by mapping different aspects along different dimensions and, in doing so, better understanding the nature of and relationships between different phenomena within the domain can potentially inform future qualitative and quantitative research in business studies and beyond.Originality/valueThe paper uses a novel, interdisciplinary approach to demonstrate the existence of CP as a complex, multidimensional system, where such dimensions inform the understanding, measurement and application of CP, and so is of value to marketing and management researchers and practitioners.

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Section: Naming Competitive Productivity (Cp)mentioning

confidence: 99%

The concept of competitive productivity (CP): a linguistic investigation

Hoadley

2020

CCSM

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“…Indeed, it has been noticed empirically that the cultural, administrative and geographical distances not only contribute to lower cross-border expenditure but also that different distance notions influence the FDI markets in various ways and the productivity in a quest for FDI. This special issue of the Journal of Economic Geographic's intends to open these specifically regional facets of multinational and multiple actions from various viewpoints to encourage a fertile exchange of ideas and to increase public understanding of the potential observations and pathways to further interdisciplinary revision of all three kinds of literature (Ballas, Dorling, & Hennig, 2017;Child & Barnes, 2019;Knight et al, 2020). This position, room and organization subject are strongly resembling the papers in this issue in terms of the problems discussed and the facts gleaned.…”

Section: Literature Reviewmentioning

confidence: 89%

“…Over time, this is dominated by agreement and 'fair reason'. The second transformation is because it parallels a first significant shift to regional science in Germany and is characteristic of another move from regional science to a modern paradigm we refer to as relational, economic geography (Boschma et al, 2017;Knight, Kumar, Wójcik, & O'Neill, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

The Moderating Role of Geographical Diversification among the Nexus of Institutional, Power and Space Factor on Economic Geography

Aleksandra

2021

jcrbef

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The present paper aims to explore the relationships among the institutional factor, power factor, space factor and economic geography in Poland. The goal of the study also consists of the examination of the moderating role of geographical diversification among the nexus of institutional factor, power factor, space factor and economic geography in Poland. The data has been gathered by using primary data collection methods and used survey questionnaires for data collection along with simple random sampling to select the respondents and PLS-SEM for data analysis. The results revealed that institutional factor, power factor, space factor have a positive association with economic geography in Poland. The outcomes also concluded that the geographical diversification is moderating among the nexus of institutional factor, power factor, space factor and economic geography in Poland. These findings are suitable for the regulators that they should focus on institutional power and space factor that would improve the economic geography in Poland.

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“…Demystifying the processes of corporate diversified strategies and investment behaviors will contribute to our understanding of the driving forces behind the operation and evolution of the socioeconomic system [4][5][6]. Particularly, a large body of literature has illustrated that corporate investment and relevant choices should be considered as a complex decision-making process, which is sensitive to contextual factors [7,8], place-specific attributes [1,9,10], organizational structures [11,12], and entrepreneurial behaviors [13,14]. Furthermore, there exist significant differences in decision-making mechanisms and locational implications of various investment modes, including greenfield investment (GI) and mergers and acquisitions (M&As), of individual corporations [15][16][17].…”

Section: Introductionmentioning

confidence: 99%

Firm Heterogeneities, Multi-Dimensional Proximities, and Systematic Dynamics of M&A Partnering: Evidences from Transitional China

2022

Systems

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Corporate investment strategies and decision-making processes are crucial for understanding the operation and evolution of socioeconomic systems. Mergers and acquisitions (M&As) have been the main mode of corporate investment, growth, and upgrading, deeply affecting corporate reorganization, regional industrial restructuring, and economic globalization. By building a database including 5543 M&A partnerings and 1.89 million M&A non-partnerings, this study aims to uncover the systematic dynamics of M&A partnering in regional China during different phases since the mid-1990s, with particular attention given to the effects of firm heterogeneities and multi-dimensional proximities. Although geographical, cognitive, organizational, and institutional proximity dimensions are significantly influential for M&A partnering, we find that the effects of multi-dimensional proximities differ across M&A types and involving firms. Specifically, organizational proximity matters more for large- and medium-sized acquirers, while institutional proximity plays a more vital role in the acquisition target selection of private-owned and small-sized acquirers. Cognitive proximity measured by industrial and technical relatedness is more crucial for horizontal, vertical, and conglomerate M&As that are tightly associated with the corporate product, technical, and functional upgrading. The results indicate that the benefits of cognitive proximity may offset the risks and costs resulting from long-distance M&As, demonstrating the interactive dynamics between proximity dimensions. Our findings suggest that firm heterogeneities, proximity dynamics, and contextual factors should be focused on when explaining the investment decision-making processes of individual corporations in emerging and transitional economies such as China.

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The competitive advantage of regions: economic geography and strategic management intersections

Cited by 20 publications

References 30 publications

The concept of competitive productivity (CP): a linguistic investigation

The concept of competitive productivity (CP): a linguistic investigation

The Moderating Role of Geographical Diversification among the Nexus of Institutional, Power and Space Factor on Economic Geography

Firm Heterogeneities, Multi-Dimensional Proximities, and Systematic Dynamics of M&A Partnering: Evidences from Transitional China

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