IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i7p2980-d342979.html
   My bibliography  Save this article

The Impact of Core Technological Capabilities of High-Tech Industry on Sustainable Competitive Advantage

Author

Listed:
  • Bing Feng

    (School of Economics and Management, Northwest University, Xi’an 710069, China
    School of Management, Yulin University, Yulin 719000, China)

  • Kaiyang Sun

    (School of Advertising, Marketing, Public Relations, Queensland University of Technology, Brisbane QLD 4001, Australia)

  • Min Chen

    (Academy of Financial Research, School of Business, Wenzhou University, Wenzhou 325035, China
    Department of Business Administration, National Central University, Taoyuan 32001, Taiwan)

  • Tao Gao

    (School of Management, University of Toronto, Toronto, ON M5S 2E8, Canada)

Abstract

The market competitiveness and sustainable operation of an enterprise are closely correlated with the support of high-tech core technologies in the enterprise. This study first discusses the basic knowledge of core competitiveness, introduces the components and evaluation methods of core competitiveness, and builds an evaluation index system for core competitiveness of high-tech enterprises. Then, the Analytic Hierarchy Process (AHP) is fully discussed, during which the steps, advantages, and disadvantages of the AHP evaluation method are introduced. Finally, the Fujian Province of China is taken as an example, the relevant data are collected and processed, the impact of indicators are analyzed, and a high-tech industry core technological capability analysis indicator system is built based on the AHP method. Thus, the influence of the core technological capabilities of the high-tech industry on the sustainable competitive advantage of the enterprise is obtained. This study puts forward suggestions for maintaining the competitiveness of high-tech industries, thereby improving the competitive advantage of enterprises and achieving the sustainable management of enterprises. The result finds that if the high-tech industries continue to carry out innovation and scientific research, enterprises will maintain their competitive advantages. In summary, exploring the impact of the core technological capabilities of high-tech industries on the sustainable competitive advantages of enterprises is greatly significant for improving their competitiveness and industrial status, which enables them to be invincible in a complex environment.

Suggested Citation

  • Bing Feng & Kaiyang Sun & Min Chen & Tao Gao, 2020. "The Impact of Core Technological Capabilities of High-Tech Industry on Sustainable Competitive Advantage," Sustainability, MDPI, vol. 12(7), pages 1-15, April.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:7:p:2980-:d:342979
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/7/2980/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/7/2980/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Markus Grillitsch & Magnus Nilsson, 2015. "Innovation in peripheral regions: Do collaborations compensate for a lack of local knowledge spillovers?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(1), pages 299-321, January.
    2. Tyrone T. Lin & Shu-Yen Hsu & Chiao-Chen Chang, 2019. "Evaluation of Decision-Making for the Optimal Value of Sustainable Enterprise Development under Global 100 Index Thinking," Sustainability, MDPI, vol. 11(4), pages 1-21, February.
    3. Huang, Ying & Porter, Alan L. & Cunningham, Scott W. & Robinson, Douglas K.R. & Liu, Jianhua & Zhu, Donghua, 2018. "A technology delivery system for characterizing the supply side of technology emergence: Illustrated for Big Data & Analytics," Technological Forecasting and Social Change, Elsevier, vol. 130(C), pages 165-176.
    4. Henryk Wojtaszek & Ireneusz Miciuła, 2019. "Analysis of Factors Giving the Opportunity for Implementation of Innovations on the Example of Manufacturing Enterprises in the Silesian Province," Sustainability, MDPI, vol. 11(20), pages 1-28, October.
    5. de Kruijff, Joost T. & Hurkens, Cor A.J. & de Kok, Ton G., 2018. "Integer programming models for mid-term production planning for high-tech low-volume supply chains," European Journal of Operational Research, Elsevier, vol. 269(3), pages 984-997.
    6. Bagheri, Mahshid & Mitchelmore, Siwan & Bamiatzi, Vassiliki & Nikolopoulos, Konstantinos, 2019. "Internationalization Orientation in SMEs: The Mediating Role of Technological Innovation," Journal of International Management, Elsevier, vol. 25(1), pages 121-139.
    7. Adriane MacDonald & Amelia Clarke & Lei Huang & M. May Seitanidi, 2019. "Partner Strategic Capabilities for Capturing Value from Sustainability-Focused Multi-Stakeholder Partnerships," Sustainability, MDPI, vol. 11(3), pages 1-19, January.
    8. Xin Yan & Min Chen & Mu-Yen Chen, 2019. "Coupling and Coordination Development of Australian Energy, Economy, and Ecological Environment Systems from 2007 to 2016," Sustainability, MDPI, vol. 11(23), pages 1-13, November.
    9. Sanjay Prasad & Ravi Shankar & Rachita Gupta & Sreejit Roy, 2018. "A TISM modeling of critical success factors of blockchain based cloud services," Journal of Advances in Management Research, Emerald Group Publishing Limited, vol. 15(4), pages 434-456, September.
    10. James Love & Stephen Roper, 1999. "The Determinants of Innovation: R & D, Technology Transfer and Networking Effects," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 15(1), pages 43-64, August.
    11. Vishal Gupta, 2018. "Comparative Performance of Contradictory and Non-Contradictory Judgement Matrices in AHP Under Qualitative and Quantitative Metrics," International Journal of Decision Support System Technology (IJDSST), IGI Global, vol. 10(1), pages 21-38, January.
    12. Francis Boadu & Yu Xie & Yi-Fei Du & Elizabeth Dwomo-Fokuo, 2018. "MNEs Subsidiary Training and Development and Firm Innovative Performance: The Moderating Effects of Tacit and Explicit Knowledge Received from Headquarters," Sustainability, MDPI, vol. 10(11), pages 1-25, November.
    13. Hariolf Grupp, 1997. "External Effects as a Microeconomic Determinant of Innovation Efficiency," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 4(2), pages 173-188.
    14. Jennifer González-Blanco & José Luis Coca-Pérez & Manuel Guisado-González, 2019. "Relations between technological and non-technological innovations in the service sector," The Service Industries Journal, Taylor & Francis Journals, vol. 39(2), pages 134-153, January.
    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. Sultan Alaswad Alenazi & Tawfeeq Mohammed Alanazi, 2023. "The Mediating Role of Sustainable Dynamic Capabilities in the Effect of Social Customer Relationship Management on Sustainable Competitive Advantage: A Study on SMEs in Saudi Arabia," Sustainability, MDPI, vol. 15(3), pages 1-12, January.
    2. Markina, Iryna & Somych, Nikolai & Taran-Lala, Olena & Varaksina, Elena & Potapiuk, Iryna & Vovk, Mykola, 2022. "Managerial Aspects of Forming Enterprises’ Competitive Advantages: The Case of Agri-food Sector," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 13(01), January.
    3. Nursyakirah AbdManap & Che Wan Jasimah Wan Mohamed Radzi & Hashem Salarzadeh Jenatabadi, 2023. "Exploring Factors Influencing Technological Capability of Food Manufacturing Firms in Malaysia," SAGE Open, , vol. 13(3), pages 21582440231, August.
    4. Junaid, Muhammad & Zhang, Qingyu & Cao, Mei & Luqman, Adeel, 2023. "Nexus between technology enabled supply chain dynamic capabilities, integration, resilience, and sustainable performance: An empirical examination of healthcare organizations," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    5. Lan, Hai & Zheng, Puyang & Li, Zheng, 2021. "Constructing urban sprawl measurement system of the Yangtze River economic belt zone for healthier lives and social changes in sustainable cities," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    6. Zhang, Ping & Wang, Yiru & Gao, Jieying, 2023. "Going public and innovation: Evidence from the ChiNext stock market," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 586-613.
    7. Xueyao Zhang & Hong Chen, 2021. "Green Agricultural Development Based on Information Communication Technology and the Panel Space Measurement Model," Sustainability, MDPI, vol. 13(3), pages 1-16, January.
    8. Chunguang Sheng & Guangyu Wang & Yude Geng & Lirong Chen, 2020. "The Correlation Analysis of Futures Pricing Mechanism in China’s Carbon Financial Market," Sustainability, MDPI, vol. 12(18), pages 1-20, September.
    9. Mateusz Hämmerling & Joanna Kocięcka & Stanisław Zaborowski, 2021. "AHP as a Useful Tool in the Assessment of the Technical Condition of Hydrotechnical Constructions," Sustainability, MDPI, vol. 13(3), pages 1-26, January.
    10. Xiaohan Li & Chenwei Ma & Yang Lv, 2022. "Environmental Cost Control of Manufacturing Enterprises via Machine Learning under Data Warehouse," Sustainability, MDPI, vol. 14(18), pages 1-21, September.
    11. Lihong Chen & Habiba Halepoto & Chunhong Liu & Naveeta Kumari & Xinfeng Yan & Qinying Du & Hafeezullah Memon, 2021. "Relationship Analysis among Apparel Brand Image, Self-Congruity, and Consumers’ Purchase Intention," Sustainability, MDPI, vol. 13(22), pages 1-15, November.
    12. Lili Liu & Heng Jiang & Yonglin Zhang, 2023. "The impact of venture capital on Chinese SMEs’ sustainable development: a focus on early-stage and professional characteristics," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-11, December.

    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. Mariani, Marcello M. & Fosso Wamba, Samuel, 2020. "Exploring how consumer goods companies innovate in the digital age: The role of big data analytics companies," Journal of Business Research, Elsevier, vol. 121(C), pages 338-352.
    2. Marte C.W. Solheim & Ron Boschma & Sverre Herstad, 2018. "Related variety, unrelated variety and the novelty content of firm innovation in urban and non-urban locations," Papers in Evolutionary Economic Geography (PEEG) 1836, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Oct 2018.
    3. repec:aly:journl:202214 is not listed on IDEAS
    4. Justin Doran & Geraldine Ryan, 2016. "The Importance of the Diverse Drivers and Types of Environmental Innovation for Firm Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 25(2), pages 102-119, February.
    5. Sachin Kumar Mangla & Yiğit Kazançoğlu & Abdullah Yıldızbaşı & Cihat Öztürk & Ahmet Çalık, 2022. "A conceptual framework for blockchain‐based sustainable supply chain and evaluating implementation barriers: A case of the tea supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3693-3716, December.
    6. Calvo, Nuria & Fernández-López, Sara & Rodríguez-Gulías, María Jesús & Rodeiro-Pazos, David, 2022. "The effect of population size and technological collaboration on firms' innovation," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    7. Lucas DuPriest, 2019. "Coworking Spaces in La Paz, Bolivia: Urban Effects and Potential Creation of New Opportunities for Local Economic Development," Development Research Working Paper Series 07/2019, Institute for Advanced Development Studies.
    8. José Miguel Giner-Pérez & María Jesús Santa-María, 2021. "Spatial Agglomerations in the Spanish Food Industry: Does Sectorial Disaggregation Matter?," International Regional Science Review, , vol. 44(5), pages 515-559, September.
    9. Jakob Eder & Michaela Trippl, 2019. "Innovation in the periphery: compensation and exploitation strategies," PEGIS geo-disc-2019_07, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.
    10. Dirk Fornahl & Nils Grashof & Alexander Kopka, 2021. "Do not neglect the periphery?! - the emergence and diffusion of radical innovations," Bremen Papers on Economics & Innovation 2102, University of Bremen, Faculty of Business Studies and Economics.
    11. Morteza Ghobakhloo & Mohammad Iranmanesh & Andrius Grybauskas & Mantas Vilkas & Monika Petraitė, 2021. "Industry 4.0, innovation, and sustainable development: A systematic review and a roadmap to sustainable innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4237-4257, December.
    12. Rodríguez-Pose, Andrés & Lee, Neil, 2020. "Hipsters vs. geeks? Creative workers, STEM and innovation in US cities," LSE Research Online Documents on Economics 103974, London School of Economics and Political Science, LSE Library.
    13. Lee, Jei Young, 2019. "A decentralized token economy: How blockchain and cryptocurrency can revolutionize business," Business Horizons, Elsevier, vol. 62(6), pages 773-784.
    14. Lee, Young Hoon & Kim, YoungJun, 2016. "Analyzing interaction in R&D networks using the Triple Helix method: Evidence from industrial R&D programs in Korean government," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 93-105.
    15. Andræs Barge-Gil, 2013. "Open Strategies and Innovation Performance," Industry and Innovation, Taylor & Francis Journals, vol. 20(7), pages 585-610, October.
    16. Shou, Yongyi & Zhao, Xinyu & Dai, Jing & Xu, Dong, 2021. "Matching traceability and supply chain coordination: Achieving operational innovation for superior performance," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    17. Blind, Knut & Thumm, Nikolaus, 2004. "Interrelation between patenting and standardisation strategies: empirical evidence and policy implications," Research Policy, Elsevier, vol. 33(10), pages 1583-1598, December.
    18. Nagamani Subramanian & M. Suresh, 2022. "Social Sustainability Factors Influencing the Implementation of Sustainable HRM in Manufacturing SMEs," Humanistic Management Journal, Springer, vol. 7(3), pages 469-507, December.
    19. Ron Boschma, 2017. "Relatedness as driver behind regional diversification: a research agenda," Papers in Evolutionary Economic Geography (PEEG) 1702, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jan 2017.
    20. Eduardsen, Jonas & Marinova, Svetla Trifonova & González-Loureiro, Miguel & Vlačić, Božidar, 2022. "Business group affiliation and SMEs’ international sales intensity and diversification: A multi-country study," International Business Review, Elsevier, vol. 31(5).
    21. Yanling Yang & Yanling Zheng & Guojie Xie & Yu Tian, 2022. "The Influence Mechanism of Strategic Partnership on Enterprise Performance: Exploring the Chain Mediating Role of Information Sharing and Supply Chain Flexibility," Sustainability, MDPI, vol. 14(8), pages 1-23, 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:gam:jsusta:v:12:y:2020:i:7:p:2980-:d:342979. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.