The Source of the Enterprise Competitiveness: Theoretical Review with Four Viewpoints

Abstract

In the era of economic globalization and knowledge economy, how can enterprises gradually catch up with and even surpass powerful competitors? How can leading enterprises maintain their market position and create sustainable competitive advantage? These two issues have always been a hot topic in the field of strategic management. The success or failure of enterprise management is determined by many factors, and competitiveness is the most important and essential factor. In the new environment, grasping the formation and evolution law of enterprise competitiveness and promoting the sustainable and healthy growth of enterprises is an important topic to be solved in the research of strategic management. On the source of enterprise competitiveness, the academic circles mainly focus on four factors: Resource-based view (RBV), Knowledge-based view (KBV), Capability-based view (CBV) and Institution-based view (IBV).