A1 Refereed original research article in a scientific journal

Enterprise cultural heritage - The source for sustainable competitive advantage and survival for food sector SMEs




AuthorsAaltonen Satu, Heinze Aleksej, Ielpa Giuseppe, De Tommaso Dorella

PublisherI P Publishing Ltd.

Publishing placeLondon

Publication year2015

JournalInternational Journal of Entrepreneurship and Innovation

Journal acronymIJEI

Volume16

Issue2

First page 73

Last page83

Number of pages11

ISSN1465-7503

eISSN2043-6882

DOIhttps://doi.org/10.5367/ijei.2015.0178


Abstract

Remaining in business and growing is a challenge for small and medium-sized enterprises (SMEs) in the food sector. The focus of this paper is the internal innovation avenue for SMEs that have been trading for decades and have developed the asset of enterprise cultural heritage (ECH). The authors examine ECH as a source of sustainable competitive advantage, using the value, rarity, imitability and organization (VRIO) framework and evaluating the practical potential of ECH to create sustainable competitive advantage through case studies of two international companies. The authors argue that companies that are only partially able to fulfil each of the VRIO criteria can still claim sustainable competitive advantage, as demonstrated by the case studies. Moreover, it is suggested that ECH is one of the key areas for innovation from within a firm and should be used in developing sustainable competitive advantage.



Last updated on 2024-26-11 at 15:24