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Benchmarking China firm competitiveness: a strategic framework

Benchmarking China firm competitiveness: a strategic framework Purpose – This editorial aims to review various theoretical frameworks in measuring firm competences, including marketing competences, strategic flexibility, innovation capacity building of organizations and attempts to propose a conceptual framework to benchmark and rank the Chinese firms in terms of competitiveness. Design/methodology/approach – An overview and conceptual paper based on observations and research experience. Drawing on the prevalent theoretical models of building up competitiveness and reports from well established research centres, government and international associations worldwide, this paper presents a strategic framework for evaluating and measuring firm competitiveness in China. Findings – The paper stresses the importance of keeping‐up with the fast pace of technological change and the emerging new global paradigms of the business environment. It addresses the development trajectory and the way through which firms can contribute to capacity building and the creation of competitive advantage in facing the pressing challenges of globalization. It aims to establish the potential indicators of competitiveness by analysing the theoretic elements and the microeconomic business environment. Originality/value – This paper presents the crucial tenets of the strategic framework of developing firm competitiveness, which include: creation of core competence, establishment of competitiveness index and competitiveness rankings. These are closely linked with the development of corporate strategy, marketing strategy and technology and innovation strategy within firms. These core features will have strong implication to Chinese and foreign enterprises and provide an invaluable instrument for firms to enhance their performance through benchmarking and evaluating their current competitive position and determine new strategies to create competitiveness. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Technology Management in China Emerald Publishing

Benchmarking China firm competitiveness: a strategic framework

Richard Li‐Hua
Journal of Technology Management in China , Volume 2 (2): 14 – Jun 5, 2007
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Publisher
Emerald Publishing
Copyright
Copyright © 2007 Emerald Group Publishing Limited. All rights reserved.
ISSN
1746-8779
DOI
10.1108/17468770710756059
Publisher site
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Abstract

Purpose – This editorial aims to review various theoretical frameworks in measuring firm competences, including marketing competences, strategic flexibility, innovation capacity building of organizations and attempts to propose a conceptual framework to benchmark and rank the Chinese firms in terms of competitiveness. Design/methodology/approach – An overview and conceptual paper based on observations and research experience. Drawing on the prevalent theoretical models of building up competitiveness and reports from well established research centres, government and international associations worldwide, this paper presents a strategic framework for evaluating and measuring firm competitiveness in China. Findings – The paper stresses the importance of keeping‐up with the fast pace of technological change and the emerging new global paradigms of the business environment. It addresses the development trajectory and the way through which firms can contribute to capacity building and the creation of competitive advantage in facing the pressing challenges of globalization. It aims to establish the potential indicators of competitiveness by analysing the theoretic elements and the microeconomic business environment. Originality/value – This paper presents the crucial tenets of the strategic framework of developing firm competitiveness, which include: creation of core competence, establishment of competitiveness index and competitiveness rankings. These are closely linked with the development of corporate strategy, marketing strategy and technology and innovation strategy within firms. These core features will have strong implication to Chinese and foreign enterprises and provide an invaluable instrument for firms to enhance their performance through benchmarking and evaluating their current competitive position and determine new strategies to create competitiveness.

Journal

Journal of Technology Management in China – Emerald Publishing

Published: Jun 5, 2007

Keywords: China; Innovation; Business enterprise

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