Title: Entrepreneurs' dynamic managerial capabilities as a source of sustained competitive advantage for small and medium enterprises
Authors: Syed Asad Abbas Bokhari; Muhammad Aftab; Muhammad Zafar Yaqub; Murad Ali; Ali Malik
Addresses: Center of Convergence Security & e-Governance, Inha University, Nam-gu, Incheon 402-751, South Korea ' International Graduate School, Namseoul University, Cheonan 31019, South Korea ' King Abdulaziz University, Jeddah 22254, Kingdom of Saudi Arabia ' Department of Leadership and HRM, Newcastle Business School, Northumbria University, City Campus East, NE1 8ST, Newcastle Upon Tyne, UK ' QFBA, Northumbria University, West Bay, Doha, Qatar
Abstract: Entrepreneurs of small and medium enterprises generally strive very hard to achieve a sustained advantage over their competitors; dynamic managerial capabilities of these entrepreneurs could profoundly prove to be one significant source of such an advantage. The primary objective of this study has been to investigate the significance of valuable, rare, inimitable, heterogeneous, non-substitutable dynamic managerial capabilities of the entrepreneurs in creating a sustained competitive advantage for their SMEs. Overall, the findings demonstrated substantial positive effects of various facets of dynamic managerial capabilities of the entrepreneurs on sustained competitive advantage, providing further empirical substantiation to the central tenets of the resource-based view (RBV) of the firm. In essence, the research findings not only ascertain the association between various facets of dynamic (managerial) capabilities and competitive advantage, but also offer some useful insights to those seeking to sustain the competitive advantage.
Keywords: dynamic capabilities; managerial capabilities; VRIN framework; sustainable competitive advantage; SMEs; resource-based view; RBV.
DOI: 10.1504/IJBPM.2024.137002
International Journal of Business Performance Management, 2024 Vol.25 No.2, pp.219 - 241
Received: 05 Jun 2022
Accepted: 15 Aug 2022
Published online: 01 Mar 2024 *