Manager's Entrepreneurial Dynamic Capabilities as source of Sustained
Competitive Advantage for Small and Medium Enterprises -- Evidence from
Emerging Economies in South Asia
Abstract
Abstract
The ultimate purpose that entrepreneurs of small and medium
enterprises should endeavor for is to achieve a sustained competitive
advantage over their competitors. The objective of this study was to
investigate the significance of, and emphasis put on dynamic, valuable,
rare, inimitable, heterogenous, and non-substitutable managerial
capabilities in their links with sustained competitive advantage for the
firm. Overall, the findings demonstrated strong, substantial, and
positive effects of dynamic capabilities on sustained competitive
advantage, providing support, evidence, and substantiation to the
resource-based view (RBV) of the firm. The standard multiple linear
regression model accounted for 87.3 percent of the variation in
sustained competitive advantage. In essence, the research findings not
only extended to the literature on the correlation between dynamic
capabilities and competitive advantage, but also presented critical
information to both policymakers and experts on the subject.
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