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DO CORE COMPETENCES MAKE PERFORMANCE IN REGIONAL SMES?

Carlos M. Fernández-Jardón Fernández and María Susana Martos

Revista Galega de Economía, 2011, vol. 20, issue 2

Abstract: Core competencies are firm characteristics that allow them to be in a better position than its competitors. Based on the resources based view theory is usual to consider that these competencies are formed from internal and external factors of business, combined by the strategy. This paper analyzes whether core competencies improve performance by a trajectory analysis. Party of five major core competencies: human and technological resources management, land resources management, customer management, product management and innovation. It shows that only innovation has a direct impact on the results received by employers. The rest of the competencies involved has indirect effects through innovation.

Keywords: Core competencies; Sources of competitive advantage; Resources based view theory; Firm performance; Regional SMEs. (search for similar items in EconPapers)
Date: 2011
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