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Log in through your institution journal article (In)tangible resources as antecedents of a company's competitive advantage and performanceJournal of East European Management Studies Vol. 14, No. 2 (2009) , pp. 186-209 (24 pages) Published By: Nomos Verlagsgesellschaft mbH https://www.jstor.org/stable/23281130 Read and download Log in through your school or library Alternate access options For independent researchers Read Online Read 100 articles/month free Subscribe to JPASS Unlimited reading + 10 downloads Abstract The paper's purpose is to add to the body of knowledge on the antecedents of a company's competitive advantage and performance by developing and testing a conceptual model. By using structural equation modelling the model is tested on a sample of 182 Slovenian companies. The results show that a cost advantage is positively affected by financial resources and customer capital, while a differentiation advantage is positively affected by financial resources and all three components of intellectual capital. In addition, both forms of competitive advantage positively influence a company's performance. The results offer important theoretical implications in fields such as resource-based theory and customer relationship management as well as important practical implications for managers. Das Ziel dieses Artikels ist es, unseren Wissensstand über die Einflussfaktoren auf den Wettbewerbsvorteil und den Unternehmenserfolg zu erweitern, indem ein konzeptuelles Modell entwickelt und geprüft wird. Durch die Verwendung der struktuellen Gleichungsmodellierung wird das Modell mit einem Sample von 182 slowenischen Unternehmen geprüft. Die Ergebnisse zeigen, dass ein Kostenvorteil durch finanzielle Mittel und Kundenkapital positiv beeinflusst wird, während ein Differenzierungsvorteil duch finanzielle Mittel und alle drei Komponenten des intellektuellen Kapitals positiv beeinflusst wird. Außerdem haben beide Formen von Wettbewerbsvorteil einen positiven Einfluss auf den Unternehmenserfolg. Die Ergebnisse haben wichtige theoretische Implikationen für Bereiche wie die ressourcenbasierte Theorie und das Kundenbeziehungsmanagement sowie wichtige praktische Implikationen für Führungskräfte. Journal Information The Journal for East European Management Studies is a refereed journal, which aims to promote the development, advancement and dissemination of knowledge about management issues in Central and East European countries. Publisher Information Nomos Publishing is among the leading scientific publishers in the German-speaking world in the fields of law, social sciences and the humanities. Since 2002, Nomos has been a part of the Beck-Group, but has remained independent from the Group’s other publishers with regard to its program development. Since 2015 Edition Sigma belongs to Nomos Publishing. In 2017 Tectum Publishing became part of the Nomos family and in 2018 Ergon Publishing and Academia Publishing followed. Nomos issues more than 60 professional journals that reflect our entire publishing program and range from journals for practitioners to highly specialized scientific periodicals. Many of these journals are leaders in their fields, such as Zeitschrift für Urheber- und Medienrecht(Journal for Copyright and Media Law), Zeitschrift für Umweltrecht (Journal for Environmental Law), Medien & Kommunikationswissenschaft (Media & Communication Science), Blätter der Wohlfahrtspflege (Public Welfare Gazette) or Soziale Welt (Social World). Particularly noteworthy are also the numerous interdisciplinary and intradisciplinary journals, such as Leviathan, Kritische Justiz (Critical Justice) and Rechtswissenschaft (Jurisprudence). Rights & Usage This item is part of a JSTOR Collection. Which of the following are examples of tangible resources?Tangible Assets. Vehicles.. Equipment.. Machinery.. Furniture.. Inventory.. Securities like stocks, bonds, and cash.. Are the tangible and intangible assets a firm uses to choose and implement its strategies?Answer and Explanation: The resources and capabilities of the firms are not the assets rather are the intangible items or components having no physical existence. The resources and capabilities are used to choose and implement the strategies of the firms but are not considered to be the tangible assets of a firm.
Which of the two tangible or intangible are linked more closely to the creation of competitive advantage?2007) that intangible (human and organisational) resources are more relevant to creating a competitive advantage than tangible (physical and financial) resources.
When an organization has an outside supplier perform an activity for the firm that was previously performed by the firm itself this is called?What Is Outsourcing? First seen as a formal business strategy in 1989, outsourcing is the process of hiring third parties to conduct services that were typically performed by the company. Often, outsourcing is used so that a company can focus on its core operations. It is also used to cut costs on labor, among others.
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Access to raw materials and distribution channels is an example of tangible resources.
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