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Competitive advantage of enterprises in small transforming economy (example of slovakia)

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  • Štefan Slávik

Abstract

A Slovak contemporary business environment mainly enables an uprise of a short range sustainable competitive advantage. Bigger chances to acquire a competitive advantage have small firms, therefore they could respond to quickly changing and developing environments. The Slovak companies are unable to create total competitive advantage to succeed in greater amount in international scope. From selected industries the chemical and partly engineering ones have the most qualitative competitive advantage, the construction and trade businesses are the least competitive. Exeptional competencies are spread into the various firms and industries. Non-concentrated and non-integrated competitive advantage has subsequently a low value only. Non-total competitive advantage is accomplished to a full picture by stronger foreign competitors, which insert enterprises of this domain in their supply chains.

Suggested Citation

  • Štefan Slávik, 2002. "Competitive advantage of enterprises in small transforming economy (example of slovakia)," Prague Economic Papers, Prague University of Economics and Business, vol. 2002(2), pages 167-183.
    • Handle: RePEc:prg:jnlpep:v:2002:y:2002:i:2:id:194
    DOI: 10.18267/j.pep.194
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    More about this item

    Keywords

    competitive advantage; external conditions; structure; national competitive advantage; total competitive advantage;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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