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Investigation of distinguished approaches towards synergy

Author

Listed:
  • Martin Holubčík

    (University of Žilina, Slovakia)

  • Jakub Soviar

    (University of Žilina, Slovakia)

  • Viliam Lendel

    (University of Žilina, Slovakia)

Abstract

The investigation of synergy is the initial impetus for achieving effective investments in sustainable organisational solutions. This article focuses on synergy phenomenon; various views across different areas are critically reviewed. The authors investigate two essential areas: synergy and synergistic effects. The main result is the identification of seven sources, or, as the authors call them, generalised approaches to synergies. The paper provides a new contribution to area of management of companies, which cooperate, and competete simultanously. The obtained results may be instrumental for better strategic management of contemporary cooperating organisations.

Suggested Citation

  • Martin Holubčík & Jakub Soviar & Viliam Lendel, 2023. "Investigation of distinguished approaches towards synergy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(4), pages 293-306, June.
    • Handle: RePEc:ssi:jouesi:v:10:y:2023:i:4:p:293-306
    DOI: 10.9770/jesi.2023.10.4(18)
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    References listed on IDEAS

    as
    1. Gupta, Amit Kumar, 2021. "Innovation dimensions and firm performance synergy in the emerging market: A perspective from Dynamic Capability Theory & Signaling Theory," Technology in Society, Elsevier, vol. 64(C).
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    More about this item

    Keywords

    strategic management; cooperation; synergistic effects; investing in cooperation;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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