Value and rareness of resources and capabilities as sources of competitive advantage and superior performance

Baía, Elisabeth; Ferreira, João J.; Rodrigues, Ricardo Gouveia

doi:10.1080/14778238.2019.1599308

Cited by 48 publications

(35 citation statements)

References 52 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Wright et al (1993) stated that when a competitive advantage resulting from highquality resources is original and rare, they would eventually be sustained as a competitive advantage; therefore, the imitability of resources significantly increases productivity. In conclusion, resource rareness can be a leading indicator of fundamental competitive advantage and also have a direct positive effect on business productivity (Baia et al, 2019).…”

Section: H7 Employee Rewards Is Positively Related To Rcpmentioning

confidence: 87%

What drives restaurant competitive productivity (CP): a comprehensive examination at meso-micro levels

Cho

Bonn

Jung

2021

IJCHM

View full text Add to dashboard Cite

Purpose This study identified essential drivers of competitive productivity (CP) within the restaurant context at the meso-micro levels. Following evidence from previous research, this paper aims to discover if the relationships between the proposed drivers and restaurant competitive productivity (RCP) would differ based upon years in operations as a restaurant business (startup vs established). Design/methodology/approach Data analysis was conducted using responses obtained from US restaurant managers. Structural equation modeling assessed the hypothesized relationships. Additionally, multi-group analyses were conducted to test the proposed moderating roles of restaurant firm age within the proposed model. Findings Results documented that competitive personality, development and motivation were positively associated with employee competitive productivity (ECP) at the micro-level. Also, ECP, employee training, resource rareness, brand image and organizational culture were significantly and positively related to RCP at the meso-level. Additionally, the positive relationships between ECP and organizational culture, and RCP were greater in the established restaurant group compared with the startup group. However, the relationship between brand image and RCP was greater in the restaurant startup group than in the established group. Practical implications This study offered empirical evidence regarding a combination of meso and micro level drivers and their roles in improving RCP. Findings can be adopted to develop effective operational strategies to improve RCP. Originality/value Although RCP is critical and is proposed to be created by a comprehensive set of drivers considering organizational (meso-) and individual (micro-) situations, no literature has yet to adopt this comprehensive approach to assess RCP. This study focused on firm age and offered new knowledge about the need for developing specific strategies to improve RCP.

show abstract

Section: H7 Employee Rewards Is Positively Related To Rcpmentioning

confidence: 87%

What drives restaurant competitive productivity (CP): a comprehensive examination at meso-micro levels

Cho

Bonn

Jung

2021

IJCHM

View full text Add to dashboard Cite

show abstract

“…Interestingly, by the interviewees focussing their discussion on the time, cost, and quality factor, it will appear that this notion of project success, while arguably project management scholarship has moved beyond (Shenhar et al 2001;Chipulu et al 2019), still holds reverence among project management practitioners. Despite this being the case, it is important that we acknowledge that the literature does emphasize that the valuable resource by itself does not necessarily give a competitive advantage (Baia, Ferreira, and Rodrigues 2020). Instead, it is the capabilities of the individual and the organization when used in a unique way can exploit the valuable resource, leading to competitive advantage and better project results in this case.…”

Section: Discussionmentioning

confidence: 99%

“…Rare resources by themselves may not contribute much to project performance. Instead, it is the unique means by which resources are exploited that result in rareness, bringing about enhanced project performance, and accordingly competitive advantage (Baia, Ferreira, and Rodrigues 2020).…”

Section: Discussionmentioning

confidence: 99%

Managing strategic resources in petroleum industry projects

Alhanshi

Ojiako

Williams

2020

Production Planning & Control

View full text Add to dashboard Cite

This paper seeks to explore how strategic resources in petroleum industry projects are to be best managed and exploited in order to deliver enhanced project performance and sustained business competitiveness. Framed upon the Resource-Based View ('RBV') theory, these resources should be 'Valuable', 'Inimitable', 'Rare' and be able to draw on 'Organisational support' ('VIRO'). Qualitative data were collected from petroleum industry organizations operating in the United Arab Emirates and the Sultanate of Oman between 2017 and 2019. The analysis shows that at the project level, 'Value' and 'Organisational support' attributes of resources were positively related to competitive advantage and both impacted by dynamic capabilities and innovative environment. However, the 'Rareness' and 'Inimitability' attributes showed less evolution. We also find that at the project level, the main characteristics of organizational resources were that they are 'Valuable', 'Organizationally supported', and that they could be 'Uniquely exploited' while being 'Readily available'. The results suggest a desire by project-oriented organizations to replace the 'Rareness' and 'Inimitability' attributes within VIRO with two alternative attributes, namely 'Unique exploitation' and 'Timely availability' of resources.

show abstract

“…But resources need to be leveraged to create specific capabilities. Resource Based View explains why some organizations achieve the success of performance than other organizations in the same business (Baia, Ferreira & Rodrigues, 2019).…”

Section: Resource Based Viewmentioning

confidence: 99%

Examining the relationship between competitive capability and perceived service quality in university libraries

Arachchige

Singh

Weerasooriya

2021

Jnl Univ. Librarians Assoc. Sri Lanka

View full text Add to dashboard Cite

As modern Information Technology has created a way to a variety of information service opportunities, many options other than the conventional library service are available for users. A stiff competition has emerged among information service providers and therefore university library professionals too have to think of their competitive advantage. Service quality has gained a high concern as a strategy for developing the competitive position of an organization and many studies in different fields have established a strong relationship between service quality and competitive advantage. Viewing inversely, some practitioners contemplate that the competitive position of resource capabilities can influence the improvement of service quality. In order to examine the relationship between competitive position and the service quality in a university library context, an exploratory survey was employed utilizing a VRIO based questionnaire and LibQUAL+ based instrument with 89 library professionals selected from 15 state university libraries in Sri Lanka. The study reveals that there is a moderate positive correlation between two variables (r = .286, n= 66, p = .020). As the relationship is moderate, further studies seem essential to support the hypothesis. The large percentage of residuals indicates that there are more factors contributing to the service quality in university libraries. This study

show abstract

Value and rareness of resources and capabilities as sources of competitive advantage and superior performance

Cited by 48 publications

References 52 publications

What drives restaurant competitive productivity (CP): a comprehensive examination at meso-micro levels

What drives restaurant competitive productivity (CP): a comprehensive examination at meso-micro levels

Managing strategic resources in petroleum industry projects

Examining the relationship between competitive capability and perceived service quality in university libraries

Contact Info

Product

Resources

About