The Source of the Enterprise Competitiveness: Theoretical Review with Four Viewpoints

Changcai Xie

doi:10.4236/ojbm.2021.95137

Abstract

In the era of economic globalization and knowledge economy, how can enterprises gradually catch up with and even surpass powerful competitors? How can leading enterprises maintain their market position and create sustainable competitive advantage? These two issues have always been a hot topic in the field of strategic management. The success or failure of enterprise management is determined by many factors, and competitiveness is the most important and essential factor. In the new environment, grasping the formation and evolution law of enterprise competitiveness and promoting the sustainable and healthy growth of enterprises is an important topic to be solved in the research of strategic management. On the source of enterprise competitiveness, the academic circles mainly focus on four factors: Resource-based view (RBV), Knowledge-based view (KBV), Capability-based view (CBV) and Institution-based view (IBV).

Highlights

What is the source of enterprise competitiveness? The simplest answer is the resource and the ability of acquiring and using of resources in a certain regulation
On the source of enterprise competitiveness, the academic circles mainly focus on four factors: Resource-based view (RBV), Knowledge-based view (KBV), Capability-based view (CBV) and Institution-based view (IBV)
Whether the selection and allocation of resources support the realization of the goal of economic rationality and the acquisition of sustainable competitive advantage must be verified through the innovation process

Summary

Introduction

What is the source of enterprise competitiveness? The simplest answer is the resource and the ability of acquiring and using of resources in a certain regulation. What is the source of enterprise competitiveness? Barney considered that one resource became the source for enterprise obtaining and maintaining competitive advantage. Based on these views, Amit and Schoemaker (1990) thought that resources were the factors of the stock which were owned or controlled by an enterprise. We will focus on reviewing the western scholars about the enterprise competitive advantage and the view of competitiveness source

Theoretical Review with Four Viewpoints

Conclusion