IDEAS home Printed from https://ideas.repec.org/a/spr/rvmgts/v16y2022i3d10.1007_s11846-021-00459-8.html
   My bibliography  Save this article

Competitive advantage and dynamic capability in small and medium-sized enterprises: a systematic literature review and future research directions

Author

Listed:
  • Cleomar Marcos Fabrizio

    (Federal University of Santa Maria—UFSM)

  • Fabíola Kaczam

    (Federal University of Santa Maria—UFSM)

  • Gilnei Luiz Moura

    (Federal University of Santa Maria—UFSM)

  • Luciana Santos Costa Vieira Silva

    (Municipal University Center of São José—USJ)

  • Wesley Vieira Silva

    (Federal University of Alagoas, UFAL)

  • Claudimar Pereira Veiga

    (Federal University of Parana, UFPR)

Abstract

Competitive advantage is a significant concept both in studies of strategic management and in the practice of organizations. The dynamic reality of the market and competitors' innovation capacity make it difficult for companies to achieve their goals and maintain sustainable competitive performance. In small and medium-sized enterprises (SMEs), this difficulty is often compounded by a scarcity of strategic resources, which can considerably decrease their competitive advantage sources. In the present study, we discovered, through a systematic literature review (n = 70), a conceptual typology, with identification of five classes, categorized as (i) methodological procedures, (ii) organizational environment, (iii) organizational performance, (iv) resources/profile and (v) organizational research which were used to capture notions around dynamic capabilities and competitive advantage for SMEs. Likewise, as a result, a diverse selection of three clusters was found to show the positive influence (direct and indirect) of dynamic capabilities on competitive advantage and that performance variables mediate the impact on innovation capacity. Given this, we have answered two research questions related to the (i) discovery of state of the art and (ii) future research directions on Dynamic Capabilities and Competitive Advantage for SMEs.

Suggested Citation

  • Cleomar Marcos Fabrizio & Fabíola Kaczam & Gilnei Luiz Moura & Luciana Santos Costa Vieira Silva & Wesley Vieira Silva & Claudimar Pereira Veiga, 2022. "Competitive advantage and dynamic capability in small and medium-sized enterprises: a systematic literature review and future research directions," Review of Managerial Science, Springer, vol. 16(3), pages 617-648, April.
    • Handle: RePEc:spr:rvmgts:v:16:y:2022:i:3:d:10.1007_s11846-021-00459-8
    DOI: 10.1007/s11846-021-00459-8
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11846-021-00459-8
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11846-021-00459-8?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Leo Egghe & Ronald Rousseau, 2002. "A proposal to define a core of a scientific subject: A definition using concentration and fuzzy sets," Scientometrics, Springer;Akadémiai Kiadó, vol. 54(1), pages 51-62, April.
    2. José Carlos Pinho & Christiane Prange, 2016. "The effect of social networks and dynamic internationalization capabilities on international performance," Post-Print hal-02313305, HAL.
    3. Xiong, Ailun & Xia, Senmao & Ye, Zhen Peter & Cao, Dongmei & Jing, Yanguo & Li, Hongyi, 2020. "Can innovation really bring economic growth? The role of social filter in China," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 50-61.
    4. Apostolos Rafailidis & Giannis Tselekidis, 2009. "Dynamic capabilities, change and innovation in Greek SMEs: a preliminary study," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 7(4), pages 404-419.
    5. Lauri Haapanen & Pia Hurmelinna-Laukkanen & Jan Hermes, 2018. "FIRM FUNCTIONS AND THE NATURE OF COMPETITIVE ADVANTAGE IN INTERNATIONALIZING SMEs," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 1-30, April.
    6. Ștefan Cristian Gherghina & Mihai Alexandru Botezatu & Alexandra Hosszu & Liliana Nicoleta Simionescu, 2020. "Small and Medium-Sized Enterprises (SMEs): The Engine of Economic Growth through Investments and Innovation," Sustainability, MDPI, vol. 12(1), pages 1-22, January.
    7. Jarneving, Bo, 2007. "Bibliographic coupling and its application to research-front and other core documents," Journal of Informetrics, Elsevier, vol. 1(4), pages 287-307.
    8. Christoph Zott, 2003. "Dynamic capabilities and the emergence of intraindustry differential firm performance: insights from a simulation study," Strategic Management Journal, Wiley Blackwell, vol. 24(2), pages 97-125, February.
    9. Makkonen, Hannu & Pohjola, Mikko & Olkkonen, Rami & Koponen, Aki, 2014. "Dynamic capabilities and firm performance in a financial crisis," Journal of Business Research, Elsevier, vol. 67(1), pages 2707-2719.
    10. Ionela Corina Chersan & Valentin Florentin Dumitru & Cãtãlina Gorgan & Vasile Gorgan, 2020. "Green Public Procurement in the Academic Literature," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(53), pages 1-82, February.
    11. M. M. Kessler, 1963. "Bibliographic coupling between scientific papers," American Documentation, Wiley Blackwell, vol. 14(1), pages 10-25, January.
    12. Prayag Lal Yadav & Seung Hun Han & Hohyun Kim, 2017. "Sustaining Competitive Advantage Through Corporate Environmental Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 26(3), pages 345-357, March.
    13. Kevin W. Boyack & Richard Klavans, 2010. "Co‐citation analysis, bibliographic coupling, and direct citation: Which citation approach represents the research front most accurately?," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 61(12), pages 2389-2404, December.
    14. Aghaei Chadegani, Arezoo & Salehi, Hadi & Md Yunus, Melor & Farhadi, Hadi & Fooladi, Masood & Farhadi, Maryam & Ale Ebrahim, Nader, 2013. "A Comparison between Two Main Academic Literature Collections: Web of Science and Scopus Databases," MPRA Paper 46898, University Library of Munich, Germany, revised 18 Mar 2013.
    15. Pinho, José Carlos & Prange, Christiane, 2016. "The effect of social networks and dynamic internationalization capabilities on international performance," Journal of World Business, Elsevier, vol. 51(3), pages 391-403.
    16. Jay B. Barney & Mark H. Hansen, 1994. "Trustworthiness as a Source of Competitive Advantage," Strategic Management Journal, Wiley Blackwell, vol. 15(S1), pages 175-190, December.
    17. Saara Hyvonen & Matti Tuominen, 2006. "Entrepreneurial innovations, market-driven intangibles and learning orientation: critical indicators for performance advantages in SMEs," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 7(6), pages 643-660.
    18. Louçã, Francisco, 2014. "The elusive concept of innovation for Schumpeter, Marschak and the early econometricians," Research Policy, Elsevier, vol. 43(8), pages 1442-1449.
    19. Kevin W. Boyack & Richard Klavans, 2010. "Co-citation analysis, bibliographic coupling, and direct citation: Which citation approach represents the research front most accurately?," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 61(12), pages 2389-2404, December.
    20. Sascha Kraus & Matthias Breier & Sonia Dasí-Rodríguez, 2020. "The art of crafting a systematic literature review in entrepreneurship research," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 1023-1042, September.
    21. Montoro-Sanchez, Angeles & Diez-Vial, Isabel & Belso-Martinez, Jose Antonio, 2018. "The evolution of the domestic network configuration as a driver of international relationships in SMEs," International Business Review, Elsevier, vol. 27(4), pages 727-736.
    22. Perianes-Rodriguez, Antonio & Waltman, Ludo & van Eck, Nees Jan, 2016. "Constructing bibliometric networks: A comparison between full and fractional counting," Journal of Informetrics, Elsevier, vol. 10(4), pages 1178-1195.
    23. Rametsteiner, Ewald & Weiss, Gerhard, 2006. "Innovation and innovation policy in forestry: Linking innovation process with systems models," Forest Policy and Economics, Elsevier, vol. 8(7), pages 691-703, October.
    24. Zhang, Man & Hartley, Janet L., 2018. "Guanxi, IT systems, and innovation capability: The moderating role of proactiveness," Journal of Business Research, Elsevier, vol. 90(C), pages 75-86.
    25. Turner, James A. & Klerkx, Laurens & White, Toni & Nelson, Tracy & Everett-Hincks, Julie & Mackay, Alec & Botha, Neels, 2017. "Unpacking systemic innovation capacity as strategic ambidexterity: How projects dynamically configure capabilities for agricultural innovation," Land Use Policy, Elsevier, vol. 68(C), pages 503-523.
    26. Tejumade V. Adeniran & Kevin A. Johnston, 2016. "The impacts of ICT utilisation and dynamic capabilities on the competitive advantage of South African SMEs," International Journal of Information Technology and Management, Inderscience Enterprises Ltd, vol. 15(1), pages 59-89.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mensah Marfo & Abiel Ashitey ARMAH & Eleazer Fianko Ofei & Isaac Sewornu Coffie & Linda Adadevoh & Sanjeet Kumar Pattnaik & Carl Asante Reindoph & Edward Annan, 2024. "Competitive advantage and sustainability in Ghanaian microfinance institutions: the mediating role of strategic capabilities," Future Business Journal, Springer, vol. 10(1), pages 1-18, December.
    2. Mohammed, Ahmed & Yazdani, Morteza & Govindan, Kannan & Chatterjee, Prasenjit & Hubbard, Nicolas, 2023. "Would your company’s resilience be internally viable after COVID-19 pandemic disruption?: A new PADRIC-based diagnostic methodology," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 180(C).
    3. Lange, Francie & Tomini, Nino & Brinkmann, Florian & Kanbach, Dominik K. & Kraus, Sascha, 2023. "Demystifying massive and rapid business scaling – An explorative study on driving factors in digital start-ups," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    4. Lu Sun & Hui He & Chengyi Yue & Wenmin Lin, 2024. "RETRACTED ARTICLE: Unleashing Competitive Edge in the Digital Era: Exploring Information Interaction Capabilities of Emerging Smart Manufacturing Enterprises," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 10853-10897, September.
    5. Manasseh Tumuhimbise & Benjamin Musiita & Asaph Kaburura Katarangi & Geoffrey Kahangane & Atwine Daniel Wanito & Sheila Akampwera, 2024. "Increasing access to business incubation services for cottage start-ups to promote inclusive entrepreneurship in Southwest Uganda," Journal of Economics and Behavioral Studies, AMH International, vol. 16(1), pages 1-11.
    6. Zakrzewska-Bielawska, Agnieszka & Czakon, Wojciech & Kraus, Sascha, 2023. "Relational orientation in B2B strategies: Measurement scale development and validation," Journal of Business Research, Elsevier, vol. 160(C).
    7. Muhammad Waqas Farooq & Faiza Nawaz & Dr. Raja Irfan Sabir, 2024. "To Gain Sustainable Competitive Advantages (SCA) Using Artificial Intelligence (AI) Over Competitors," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1026-1033.
    8. Remedios Hernández-Linares & María Concepción López-Fernández & Gema García-Piqueres & Miguel Pina e Cunha & Arménio Rego, 2024. "How knowledge-based dynamic capabilities relate to firm performance: the mediating role of entrepreneurial orientation," Review of Managerial Science, Springer, vol. 18(10), pages 2781-2813, October.
    9. Huong Trang Kim & Quang Nguyen, 2024. "Linking top managers’ behavioural traits with business practices and firm performance," Review of Managerial Science, Springer, vol. 18(11), pages 3253-3296, November.
    10. Nascimento, Leandro da Silva & Zawislak, Paulo Antônio, 2023. "Towards a theory of Capability-Based Transactions: Bounded innovation capabilities, commercialization, cooperation, and complementarity," Technology in Society, Elsevier, vol. 75(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Perez-Vega, Rodrigo & Hopkinson, Paul & Singhal, Aishwarya & Mariani, Marcello M., 2022. "From CRM to social CRM: A bibliometric review and research agenda for consumer research," Journal of Business Research, Elsevier, vol. 151(C), pages 1-16.
    2. Toshiyuki Hasumi & Mei-Shiu Chiu, 2022. "Online mathematics education as bio-eco-techno process: bibliometric analysis using co-authorship and bibliographic coupling," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(8), pages 4631-4654, August.
    3. Viergutz, Tim & Schulze-Ehlers, Birgit, 2018. "The use of hybrid scientometric clustering for systematic literature reviews in business and economics," DARE Discussion Papers 1804, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    4. Ana Joana Fernandes & Joao J. Ferreira, 2022. "Entrepreneurial ecosystems and networks: a literature review and research agenda," Review of Managerial Science, Springer, vol. 16(1), pages 189-247, January.
    5. Fabíola Kaczam & Julio Cezar Mairesse Siluk & Gil Eduardo Guimaraes & Gilnei Luiz Moura & Wesley Vieira Silva & Claudimar Pereira Veiga, 2022. "Establishment of a typology for startups 4.0," Review of Managerial Science, Springer, vol. 16(3), pages 649-680, April.
    6. Li, Heyang & Wu, Meijun & Wang, Yougui & Zeng, An, 2022. "Bibliographic coupling networks reveal the advantage of diversification in scientific projects," Journal of Informetrics, Elsevier, vol. 16(3).
    7. Shome, Samik & Hassan, M. Kabir & Verma, Sushma & Panigrahi, Tushar Ranjan, 2023. "Impact investment for sustainable development: A bibliometric analysis," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 770-800.
    8. Hervas Oliver,Jose Luis & Gonzalez,Gregorio & Caja,Pedro, 2014. "Clusters and industrial districts: where is the literature going? Identifying emerging sub-fields of research," INGENIO (CSIC-UPV) Working Paper Series 201409, INGENIO (CSIC-UPV).
    9. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Romero-Castro, Noelia María & Pérez-Pico, Ada María, 2020. "Innovation, entrepreneurship and knowledge in the business scientific field: Mapping the research front," Journal of Business Research, Elsevier, vol. 115(C), pages 475-485.
    10. Yang, Siluo & Han, Ruizhen & Wolfram, Dietmar & Zhao, Yuehua, 2016. "Visualizing the intellectual structure of information science (2006–2015): Introducing author keyword coupling analysis," Journal of Informetrics, Elsevier, vol. 10(1), pages 132-150.
    11. Marco Galvagno & Vincenzo Pisano, 2021. "Building the genealogy of family business internationalization: a bibliometric mixed-method approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(1), pages 757-783, January.
    12. Mu-hsuan Huang & Chia-Pin Chang, 2015. "A comparative study on detecting research fronts in the organic light-emitting diode (OLED) field using bibliographic coupling and co-citation," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(3), pages 2041-2057, March.
    13. Wang, Xiaoli & Daim, Tugrul & Huang, Lucheng & Li, Zhiqiang & Shaikh, Ruqia & Kassi, Diby Francois, 2022. "Monitoring the development trend and competition status of high technologies using patent analysis and bibliographic coupling: The case of electronic design automation technology," Technology in Society, Elsevier, vol. 71(C).
    14. Riad Shams, S.M. & Vrontis, Demetris & Chaudhuri, Ranjan & Chavan, Gitesh & Czinkota, Michael R., 2020. "Stakeholder engagement for innovation management and entrepreneurial development: A meta-analysis," Journal of Business Research, Elsevier, vol. 119(C), pages 67-86.
    15. Yun, Jinhyuk, 2022. "Generalization of bibliographic coupling and co-citation using the node split network," Journal of Informetrics, Elsevier, vol. 16(2).
    16. García-Lillo, Francisco & Seva-Larrosa, Pedro & Sánchez-García, Eduardo, 2023. "What is going on in entrepreneurship research? A bibliometric and SNA analysis," Journal of Business Research, Elsevier, vol. 158(C).
    17. Samuel Ribeiro-Navarrete & Juan Piñeiro-Chousa & M. Ángeles López-Cabarcos & Daniel Palacios-Marqués, 2022. "Crowdlending: mapping the core literature and research frontiers," Review of Managerial Science, Springer, vol. 16(8), pages 2381-2411, November.
    18. Rodolfo Modrigais Strauss Nunes & Susana Carla Farias Pereira, 2022. "Intellectual structure and trends in the humanitarian operations field," Annals of Operations Research, Springer, vol. 319(1), pages 1099-1157, December.
    19. Guan-Can Yang & Gang Li & Chun-Ya Li & Yun-Hua Zhao & Jing Zhang & Tong Liu & Dar-Zen Chen & Mu-Hsuan Huang, 2015. "Using the comprehensive patent citation network (CPC) to evaluate patent value," Scientometrics, Springer;Akadémiai Kiadó, vol. 105(3), pages 1319-1346, December.
    20. Rey-Long Liu, 2017. "A new bibliographic coupling measure with descriptive capability," Scientometrics, Springer;Akadémiai Kiadó, vol. 110(2), pages 915-935, February.

    More about this item

    Keywords

    Competitive Advantage; Dynamic Capabilities; Small and Medium-sized Enterprises;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:rvmgts:v:16:y:2022:i:3:d:10.1007_s11846-021-00459-8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.