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Exploring competitive advantage in a regional community context

James Rowe & Don McLaren

Australasian Journal of Regional Studies2017article
ABDC B
Weight
0.51

Abstract

It has become apparent in recent years that those at the coalface of economic development need to understand and appreciate the forces that influence the business decisions that affect each and every one of us (McLaren and Rowe, 2013). An understanding of globalisation and the fundamentals of competitive advantage are necessary because they directly influence corporate location decisions. A local economic development practitioner needs to grasp these essential concepts in order to influence, develop and adopt a strategy that is specifically designed for his or her local area. This article reviews the key concepts of competitiveness, globalisation and global cities, and develops a framework for understanding competitive advantage from the local economic development perspective. Against this background, we investigate the value of developing a solid business strategy, and consider why competitive advantage should be an integral component of strategic planning.

5 citations

Cite this paper

@article{james2017,
  title        = {{Exploring competitive advantage in a regional community context}},
  author       = {James Rowe & Don McLaren},
  journal      = {Australasian Journal of Regional Studies},
  year         = {2017},
}

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Exploring competitive advantage in a regional community context

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Evidence weight

0.51

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.40 × 0.4 = 0.16
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.