Abstract
The question that guides this paper is: what skills do some entrepreneurs have to meet in order to achieve a leadership position in this area? To support this question we use the Evolutionary Theory of the Firm, in particular, David Teece’s concept framework of economic competencies. This approach focuses on a garment cluster in connection with the attributes of the Transaction Costs Theory. The methodology used in this research is predominantly qualitative. The results indicate that these businesses became local leaders as they developed competencies in procurement activities, product creation, production and sales. The evolution of competencies is considered remarkable in the face of these entrepreneurs’ low schooling level and limited capital resources.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
