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Capacities and Competencies as Sources of Competitive Advantage: The Case Study of Latvian Hotels

  • Ilona Baumane

    (University of Latvia)

  • Rebekka Vedina

    ()

    (University of Tartu; ESADE, Ramon Llull University)

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    This paper focuses on describing how capacities and competences could be use for achieving a sustainable competitive advantage within hotels management since tourism has gained a special position in the export of services and regional development and entrepreneurship in Latvia, and played a significant role in the rapid transition from ineffective planning to full-scale competition. In this study the focus is on Latvian hotels, since hospitality industry and tourism in general mirror the development of this country, presenting the process through which competencies and capacities can be used as determinants of the competitive advantage.

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    Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT.

    Volume (Year): 12 (2011)
    Issue (Month): 2 (May)
    Pages: 301-318

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    Handle: RePEc:rom:rmcimn:v:12:y:2011:i:2:p:301-318
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    1. Giovanni Dagnino, 2006. "‘Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources’ By Nicolai J. Foss, Oxford University Press, 2005," Journal of Management and Governance, Springer, vol. 10(2), pages 229-235, 05.
    2. Fagerberg, Jan & Srholec, Martin, 2008. "National innovation systems, capabilities and economic development," Research Policy, Elsevier, vol. 37(9), pages 1417-1435, October.
    3. James Foreman-Peck & Gerry Makepeace & Brian Morgan, 2006. "Growth and profitability of small and medium-sized enterprises: Some Welsh evidence," Regional Studies, Taylor & Francis Journals, vol. 40(4), pages 307-319.
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