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The Impact of Cultural Dimensions on Competitiveness: Insights for Nations and Organizations

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  • James P. Servi

    (University of WI–Stevens Point)

Abstract

This research explores the influence of cultural dimensions on competitiveness, focusing primarily on macro-level, national entities and infers those findings to the business and organizational level. Drawing from empirical findings, key dimensions were identified that correlate with enhanced competitiveness. Specifically, higher scores in performance orientation, future orientation, institutional collectivism, and uncertainty avoidance contribute to greater competitiveness. Conversely, lower scores in in-group collectivism and power distance are associated with increased competitive advantage. Organizations seeking to improve their competitive edge can leverage cultural dimensions by emphasizing essential elements within each dimension. In addition, this study extends the application of cultural dimensions beyond traditional fields, advocating for their inclusion in global competitiveness assessments. By examining the research question to determine the relationship between cultural dimensions and national competitiveness, the World Economic Forum and other similar organizations could incorporate these insights to guide countries toward effective improvement strategies.

Suggested Citation

  • James P. Servi, 2024. "The Impact of Cultural Dimensions on Competitiveness: Insights for Nations and Organizations," International Journal of Global Business and Competitiveness, Springer, vol. 19(2), pages 150-158, October.
    • Handle: RePEc:spr:ijogbc:v:19:y:2024:i:2:d:10.1007_s42943-024-00102-9
    DOI: 10.1007/s42943-024-00102-9
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    References listed on IDEAS

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    More about this item

    Keywords

    GLOBE; Cultural dimensions; Competitiveness; Global Competitiveness Report; Organizational culture;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • E71 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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