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Sources of Competitive Advantage of Enterprises in Selected Sectors of the Polish Economy

Author

Listed:
  • Anna Wolak-Tuzimek
  • Joanna Duda
  • Katarzyna Sieradzka

Abstract

Purpose: Study impact of business activities on selection of sources of enterprises’ competitive advantage. The research hypothesis is advanced as H1: scope of business objects (sector) is a factor differentiating selection of sources of competitive advantage by enterprises. The concept and essence of competitiveness are discussed, methods of building competitive advantage by enterprises are detailed. Design/Methodology/Approach: The theoretical section follows a comprehensive review of leading specialist literature. The hypothesis is verified in the empirical section by means of position measures (arithmetic mean, median) and variability measures (standard deviation, coefficient of variability). Kruskal-Wallis test is also used to verify the research hypothesis. Findings: The paper contains results of a survey of 253 large Polish enterprises. Kruskal-Wallis test serves to determine impact of a sector on selection of sources of enterprise competitive advantage. Sector has no effect on choice of such sources as: quality management system, cost reduction, advertising, public relations, enterprise image, highly qualified managerial staff, knowledge and skills of employees, new technologies, or customer trust. Practical Implications: The results can be utilised by enterprises as guidelines for selection of sources of competitive advantage. Originality/Value: The paper contains an original study of a representative group of large enterprises that can be generalised to the whole population assuming a confidence level α=95% and maximum error β=6%.

Suggested Citation

  • Anna Wolak-Tuzimek & Joanna Duda & Katarzyna Sieradzka, 2021. "Sources of Competitive Advantage of Enterprises in Selected Sectors of the Polish Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 284-298.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:3b:p:284-298
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    References listed on IDEAS

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    1. Knudsen, Eirik Sjåholm & Lien, Lasse B. & Timmermans, Bram & Belik, Ivan & Pandey, Sujit, 2021. "Stability in turbulent times? The effect of digitalization on the sustainability of competitive advantage," Journal of Business Research, Elsevier, vol. 128(C), pages 360-369.
    2. Joanna Duda & Anna Wolak-Tuzimek & Lukasz Wojtowicz, 2021. "Competition Instruments Applied by Large Enterprises during the Crisis Triggered by the COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 139-151.
    3. Lukasz Kuzminski & Tomasz Jalowiec & Piotr Masloch & Henryk Wojtaszek & Ireneusz Miciula, 2020. "Analysis of Factors Influencing the Competitiveness of Manufacturing Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 217-227.
    4. Ilinova, Alina & Dmitrieva, Diana & Kraslawski, Andrzej, 2021. "Influence of COVID-19 pandemic on fertilizer companies: The role of competitive advantages," Resources Policy, Elsevier, vol. 71(C).
    5. Joanna Antczak & Izabela Horzela & Aneta Nowakowska-Krystman, 2021. "Influence of Financial Liquidity on the Competitiveness of Defense Industry Enterprises," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 257-273.
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    More about this item

    Keywords

    Competitiveness; enterprise; competitive advantage.;
    All these keywords.

    JEL classification:

    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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