IDEAS home Printed from https://ideas.repec.org/a/caa/jnlage/v61y2015i4id26-2014-agricecon.html
   My bibliography  Save this article

Identification of key factors for enhancing competitiveness: an exploratory study of the selected agri-biotech firms of Punjab in India

Author

Listed:
  • Sandeep SINGH

    (School of Management Studies, Thapar University, Patiala, India)

  • Ravi KIRAN

    (School of Behavioral Sciences and Business Studies, Thapar University,, Patiala, India)

  • Dinesh GOYAL

    (Department of Biotechnology & Environmental Sciences Thapar University, Patiala, India)

Abstract

The present study covers empirical research on the selected Agri-Biotech firms of Punjab. The sample has been chosen from the state of Punjab covering the sectors Food Processing Industry, Fertilizer and Pesticides Industry. On the basis of factor analysis, the study has also identified key factors influencing competitiveness. These are Threat of new competition; Threat of substitute products or services; Bargaining power of suppliers; Intensity of competitive rivalry; Bargaining power of customers; Rivalry among existing firms. The study also tries to evaluate the findings on the basis of the author-factor matrix. The aim is to identify the key factors influencing competiveness. It analyses the difference in competitive factors on the basis of the nature of the industry and on the basis of scale of the firms. Then finally it tries to determine the key competitive factors influencing the market share. The results indicate that the Threat of new competition and Threat of substitutes/services emerge as the important predictors. Intensity of competitive rivalry; Preparedness for Competition; and Bargaining power of suppliers also emerge as significant predictors. These variables explain 79.6% of variation in the model.

Suggested Citation

  • Sandeep SINGH & Ravi KIRAN & Dinesh GOYAL, 2015. "Identification of key factors for enhancing competitiveness: an exploratory study of the selected agri-biotech firms of Punjab in India," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(4), pages 179-188.
    • Handle: RePEc:caa:jnlage:v:61:y:2015:i:4:id:26-2014-agricecon
    DOI: 10.17221/26/2014-AGRICECON
    as

    Download full text from publisher

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/26/2014-AGRICECON.html
    Download Restriction: free of charge
    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/26/2014-AGRICECON.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.17221/26/2014-AGRICECON?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Lalitha, N., 2004. "Diffusion of agricultural biotechnology and intellectual property rights: emerging issues in India," Ecological Economics, Elsevier, vol. 49(2), pages 187-198, June.
    2. Christian Fischer & Sebastian Schornberg, 2007. "Assessing the competitiveness situation of EU food and drink manufacturing industries: An index-based approach," Agribusiness, John Wiley & Sons, Ltd., vol. 23(4), pages 473-495.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nadezda JANKELOVA & Zuzana JONIAKOVA & Jana BLSTAKOVA & Ildiko NEMETHOVA, 2017. "Readiness of human resource departments of agricultural enterprises for implementation of the new roles of human resource professionals," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(10), pages 461-470.
    2. Michal JIRASEK, 2017. "The influence of national culture on changes in R&D expenses among agrochemical firms," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(11), pages 524-530.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Antonio Bubbico, 2013. "Administrative Continuity: Enhancer or Constraint for Regional Governments' Efficiency?," ERSA conference papers ersa13p493, European Regional Science Association.
    2. Requillart, Vincent & Nauges, Celine & Simioni, Michel & Bontemps, Christophe, 2012. "Food Safety Regulation and Firm Productivity: Evidence from the French Food Industry," 2012 First Congress, June 4-5, 2012, Trento, Italy 124378, Italian Association of Agricultural and Applied Economics (AIEAA).
    3. Sadashivappa, Prakash & Qaim, Matin, 2009. "Effects of Bt Cotton in India During the First Five Years of Adoption," 2009 Conference, August 16-22, 2009, Beijing, China 49947, International Association of Agricultural Economists.
    4. Shah, Deepak K., 2012. "Bt Cotton in India: A Review of Adoption, Government Interventions and Investment Initiatives," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 67(3), pages 1-11.
    5. Fiore Fontanarosa, 2016. "Common property rights e traditional knowledge: appunti comparatistici in tema di diritti di propriet? intellettuale delle collettivit? locali," AGRICOLTURA ISTITUZIONI MERCATI, FrancoAngeli Editore, vol. 2016(2), pages 136-174.
    6. Aubakirova Damira & Jaxybekova Galiya Narimanovna & Yespergenova Lyazzat & Bezhan Rustamov & Alimshan Faizulayev & Festus Victor Bekun, 2022. "Competition Determinants of Eurasian Economic Union Oil and Gas Companies," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 336-341, March.
    7. Dordevic, Dejan & Bogetic, Srdan & Cockalo, Dragan & Besic, Carisa, 2012. "CLUSTER DEVELOPMENT IN FUNCTION OF IMPROVING COMPETITIVENESS OF SMEs IN SERBIAN FOOD INDUSTRY," Economics of Agriculture, Institute of Agricultural Economics, vol. 59(3), pages 1-13, October.
    8. Sarker, Rakhal & Ratnesena, Shashini, 2014. "Revealed Comparative Advantage and Half-A-Century Competitiveness of Canadian Agriculture: A Case Study of Wheat, Beef and Pork Sectors," Working Papers 165675, Canadian Agricultural Trade Policy Research Network.
    9. Vijesh V. Krishna & Matin Qaim, 2008. "Consumer Attitudes toward GM Food and Pesticide Residues in India," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(2), pages 233-251.
    10. Sarker, Rakhal, 2018. "Trade Expansion, International Competitiveness and the Pursuit of Export Diversification in Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 41(02), pages 1-25, June.
    11. Lee, Yunkyung, 2020. "Potential economic consequences of gene-edited technology on the U.S. soybean market," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304241, Agricultural and Applied Economics Association.
    12. Mónica KJÖLLERSTRÖM, 2006. "The Special Status Of Agriculture In Latin American Free Trade Agreements," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 23, pages 73-106.
    13. Anchal Arora & Sangeeta Bansal, "undated". "Diffusion of Bt Cotton in India: Impact of Seed Prices and Technological Development," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 11-01, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.
    14. Jan Schiefer & Monika Hartmann, 2008. "Determinants of competitive advantage for German food processors," Agribusiness, John Wiley & Sons, Ltd., vol. 24(3), pages 306-319.
    15. Bontemps, Christophe & Nauges, Celine & Requillart, Vincent & Simioni, Michel, 2011. "Technical Change vs Efficiency Change: How do Food Industries Evolve Over Time?," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114262, European Association of Agricultural Economists.
    16. Khaled Alzeaideen, 2020. "Construction of Competitive Advantage Instrument in Jordanian SME Context Using Structural Equation Modelling," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(1), pages 236-251, January.
    17. Jo H.M. Wijnands & Harry J. Bremmers & Bernd M.J. van der Meulen & Krijn J. Poppe, 2008. "An economic and legal assessment of the EU food industry's competitiveness," Agribusiness, John Wiley & Sons, Ltd., vol. 24(4), pages 417-439.
    18. Nganje, William & Fosu, Prince, 2022. "Risks and risk premiums of GE corn: A macromarketing framework," Ecological Economics, Elsevier, vol. 201(C).
    19. Małgorzata Juchniewicz & Katarzyna Łukiewska, 2021. "Diversity of the international competitive performance of the food industry of the European Union member states," Agribusiness, John Wiley & Sons, Ltd., vol. 37(2), pages 422-437, April.
    20. Katarzyna Łukiewska & Małgorzata Juchniewicz, 2021. "Identification of the Relationships between Competitive Potential and Competitive Position of the Food Industry in the European Union," Sustainability, MDPI, vol. 13(8), pages 1-13, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnlage:v:61:y:2015:i:4:id:26-2014-agricecon. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.