Competitive advantage differences between firms belonging to a business group and independent companies in the Spanish wine industry

Competitive advantage differences between firms belonging to a business group and independent companies in the Spanish wine industry

A high percentage of companies that compete in the market belong to a business group. This paper analyses the competitive advantages between independent firms and firms belonging to a business group, focusing on the Spanish wine industry. The authors studied 339 wineries, compared their resources an...

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Veröffentlicht in:Economía agraría y recursos naturales (Internet) 2017, Vol.17 (2), p.105-132
Hauptverfasser: Maza Rubio, María Teresa, Abella Garcés, Silvia, Ferrer Lorenzo, Juan Ramón
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Sprache:eng
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Business group
resource based view
strategy
wine industry
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creator Maza Rubio, María Teresa
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Ferrer Lorenzo, Juan Ramón
description A high percentage of companies that compete in the market belong to a business group. This paper analyses the competitive advantages between independent firms and firms belonging to a business group, focusing on the Spanish wine industry. The authors studied 339 wineries, compared their resources and capabilities, the strategies used and their business performance. The results suggest that while resources and capabilities are key for independent firms it is the business strategy that is most important for firms belonging to a business group. The study sheds more light on the application of specific elements to explain a firm’s business performance.
doi_str_mv 10.7201/earn.2017.02.05
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subjects Business group
resource based view
strategy
wine industry
title Competitive advantage differences between firms belonging to a business group and independent companies in the Spanish wine industry
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