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What is Distinctive Competences

Chapter 4
Competitiveness, Organizational Management, and Governance in Family Firms
Specific and internal characteristics unique in a company on which their competitive advantage is based. Some of the most relevant to competitiveness are capabilities in innovation and technology, human resource and organizational culture, marketing, quality, and management.
Published in Chapter:
The Accumulation of Distinctive Competences in Family Firms
César Camisón (University of Valencia, Spain) and Alba Puig-Denia (Jaume I University, Spain)
Copyright: © 2020 |Pages: 37
DOI: 10.4018/978-1-7998-1655-3.ch004
Abstract
Taking as its basis the resource- and capability-based view of the firm, this study provides an in-depth exploration of the ability of the family tourism firm to accumulate and develop the distinctive competences that are key to its success. Specifically, the analysis centres on how the family tourism firm acquires distinctive competences through the development of managerial capabilities. Using structural equation modelling (SEM), the empirical analysis focuses on a sample of 1,019 Spanish tourism firms. The results of the study suggest that family businesses face certain problems in accumulating distinctive competences. Moreover, the study indicates that such problems are due in part to the difficulties of developing efficient managerial capabilities in this type of company, which is an obstacle to the accumulation and management of other distinctive competences.
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