Title: Building determinants of firm competitiveness in emerging economies

Authors: Juha J. Hinkkanen; Juha Väätänen

Addresses: Lappeenranta University of Technology, P.O. Box 20, 53851 Lappeenranta, Finland. ' Lappeenranta University of Technology, P.O. Box 20, 53851 Lappeenranta, Finland

Abstract: Firm competitiveness defines the very core of firm success or downfall. Due to the rise of the power of emerging economies, old paradigms have been challenged. Studying paradigms we build a frame for the competitive success factors of emerging economy firms. Number of successful companies from emerging markets remains few. Their competitive advantage builds on cost advantages and developing capabilities. The successful enterprises have been able to use local networks and cooperation, while aiming to internationalise first locally in their own cultural region. This has assisted them to develop a flexible and dynamic organisation.

Keywords: firm competitiveness; competitive forces; resource based view; RBV; emerging markets; competitive advantage; firm level success; emerging economies; local networks; cooperation; internationalisation; flexibility.

DOI: 10.1504/IJTIP.2011.045091

International Journal of Technology Intelligence and Planning, 2011 Vol.7 No.4, pp.291 - 308

Available online: 22 Jan 2012 *

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