Prague Economic Papers 2002, 11(2):167-183 | DOI: 10.18267/j.pep.194

Competitive advantage of enterprises in small transforming economy (example of slovakia)

©tefan Slávik
University of Economics, Dolnozemská 1/b, SK - 852 35 Bratislava (e-mail: slavik@dec.euba.sk).

A Slovak contemporary business environment mainly enables an uprise of a short range sustainable competitive advantage. Bigger chances to acquire a competitive advantage have small firms, therefore they could respond to quickly changing and developing environments. The Slovak companies are unable to create total competitive advantage to succeed in greater amount in international scope. From selected industries the chemical and partly engineering ones have the most qualitative competitive advantage, the construction and trade businesses are the least competitive. Exeptional competencies are spread into the various firms and industries. Non-concentrated and non-integrated competitive advantage has subsequently a low value only. Non-total competitive advantage is accomplished to a full picture by stronger foreign competitors, which insert enterprises of this domain in their supply chains.

Keywords: competitive advantage, external conditions, structure, national competitive advantage, total competitive advantage
JEL classification: M10, M19

Published: January 1, 2002  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Slávik, ©. (2002). Competitive advantage of enterprises in small transforming economy (example of slovakia). Prague Economic Papers11(2), 167-183. doi: 10.18267/j.pep.194
Download citation

References

  1. Ansoff, I. (1965), Corporate Strategy. Harmondsworth, UK: Penguin.
  2. Buaron, R. (1990), "New Game Strategies." McKinsey Staff Paper, March.
  3. Courtney, H., Kirkland, J., Viguerie, P. (1997), "Strategy under Uncertainty." Harvard Business Review, (6), pp. 67-79.
  4. Grant, R. M. (1996), Contemporary Strategy Analysis. Concepts, Techniques, Applications. Cambridge, MA: Blackwell Business.
  5. Hill, Ch. W. L., Jones, G. R. (1992), Strategic Management. An Integrated Approach. Boston: Houghton Mifflin Co.
  6. Palán, J. (1997),"Onion Model of Competitive Advantage and Disadvantage" (in Czech). Moderní řízení, (4), pp. 55-56.
  7. Porter, M. (1995), Competitive Advantage (in Czech). Prague: Victoria Publishing.
  8. Porter, M. (1998), The Competitive Advantage of Nations. London: MacMillan Press. Go to original source...
  9. Prahalad, C. K., Hamel, G. (1990), "Core Competences of the Corporation." Harvard Business Review, (3), pp. 79-93.
  10. Rue, L. W., Holland, P. G. (1989), Strategic Management. Concepts and Cases. New York: McGraw Hill.
  11. Samuelson, P. A., Nordhaus, N. D. (1992), Economics (in Slovak). Bratislava: Bradlo.
  12. Selznick, P. (1957), Leadership in Administration: A Sociological Interpretation. New York: Harper & Row.
  13. Slávik, ©. (1999), "Strategic Management in Slovak Enterprises - Survey of Findings" (in Slovak), in Firm's Strategy at the Entry in European Union (International Scientific Conference). Bratislava: University of Economics, pp. 130-132.
  14. Szarková, M. (1999), "An Evaluation of Human Capital - Theoretical and Practical Starting Points" (in Slovak), in Theory and Practice of Management on the 21th Century Edge. Worldwide Trends and Inland Reality (Scientific Seminary). Bratislava: University of Economics, pp. 87-89.
  15. Thompson, A. A. Jr., Strickland, A. J. III. (1992), Strategic Management. Concepts and Cases. Boston: IRWIN, Homewood.

This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.