Management, innovation and business results under the Resources and Capabilities Theory
Journal Title: RAN - Revista Academia & Negocios - Year 2017, Vol 3, Issue 1
Abstract
Different lines of thought, which relate to how organizations can achieve their competitive advantage, can be found within the general theory of management. On the one hand, there are those who argue that the knowledge and analysis of the environment and the industry in which the organization participates is of vital importance and, on the other hand, those who believe that the main source of competitiveness is concentrated within the organizations themselves. In the latter case, the Resources and Capabilities approach asserts that such internal elements are a real and distinctive source of competitive advantage. It supports the existence of tangible and intangible assets, for example the managerial skills of the managers, the organizational processes and the internal procedures, which are key elements for effective operation and for the achievement of the company´s objectives. Therefore, the general purpose of this research is to determine if there is a relationship between a set of internal capabilities in a company and its respective financial results. An exploratory, descriptive and correlational study was carried out using secondary information about the main idea, as well as a descriptive survey taken by 12 medium-sized companies in the city of Punta Arenas. Through the study it was possible to identify and describe the main relationships between the indicated variables.
Authors and Affiliations
Jose Fernandez Palma, Hernan Rocha Pavez
Keywords
Related Articles
- EP ID EP339742
- DOI -
- Views 171
- Downloads 0
2014 Tax reform and effect on the chilean stock market
This study objective was to determine the effect of 2014 Tax Reform Bill on the Chilean stock market, in the period comprised from its announcement to the approval by National Congress in September 2014. The Event Study...
Heterogeneity in the size of family firms: the case of Mexico
A large percentage of Mexican firms can be classified as family businesses. These have a different reality from those that are not family-owned. Issues such as succession (understood as the transference of the firm’s own...
Social capital as a distinctive attribute of millennial donors: the case of Mexico
This study objective was to profile Mexican millennial money donors for a better understanding of the behavior of social cause charitable donation at different stages of people’s life. Logistic and general regressions an...
Factors that influence the SMEs performance: a qualitative perspective of Costa Rican entrepreneurs
In Costa Rica, as in the rest of the Latin American countries, a significant number of SMEs enter into operations every year and their performance is influenced by several factors. This study focuses on identifying the f...
Social entrepreneurship: tourism in the Ecuadorian coast
Tourism is a potential option of generating resources for the developing economies. However, not much is known about social entrepreneurship development in the Ecuadorian tourism. Therefore, the aim of this study is to e...