How foreign firms achieve competitive advantage in the Chinese emerging economy: Managerial ties and market orientation

How foreign firms achieve competitive advantage in the Chinese emerging economy: Managerial ties and market orientation

a r t i c l e i n f o As China experience unprecedented changes in its social, legal, and economic institutions, on what should foreign firms focus more to overcome this challenge, managerial ties or market orientation? This study investigates how managerial ties and market orientation affect competitive advantage and, consequently, firm performance in China. On the basis of a survey of 179 for...

Managerial Tools & Internet the Sources of Competitive Advantage of Firms

Knowledge of Production technology and information communication technology covers many aspects of the knowledge process in firm. Digital Manufacturing is one of the core strategies of the European Manufacture vision and strategic agenda towards the knowledge based production. It is driven by the application and standardization of information and communication technologies and the increasing de...

How Do International Marketing Strategies Help Firms Achieve Competitive Advantage: German companies being successful in China

Do Managerial Ties in China Always Produce Value? Competition, Uncertainty, and Domestic vs. Foreign Firms

While most advocate that foreign firms should utilize managerial ties to conduct business in China, recent literature cautions that such ties may offer only conditional value. This study examines three sources of heterogeneity that may condition the value of ties: firm ownership (foreign vs. domestic), competition, and structural uncertainty. Results from a survey of 280 firms in China indicate...

Market orientation, competitive advantage, and performance: A demand-based perspective

Article history: Received 1 March 2008 Received in revised form 1 August 2008 Accepted 1 October 2008 This study assesses how customer value affects a firm's market orientation and consequently, competitive advantage and organizational performance in a service industry— the global hotel industry. The findings show that if a firm perceives its customers as valuing service, the firm is more likel...