E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 4, 2023

The Competitive Advantages via Productivity of Construction Firms



Author(s): Ngo Thi Thu Giang, Dao Truong Thanh

Abstract:

Competitive advantage expresses the extent to which the organization has higher capabilities than its competitors in exploiting the available opportunities and limiting their potential effects. Its importance also enables the organization to make better use of its material, human, and technological resources than its competitors by providing the best services and products to its customers (Al Khasabah, 2022) [1]. This study was conducted with the aim of identifying, evaluating, and measuring the component attributes of competitive advantage via productivity for construction firms in Hanoi. After interviewing experts, the questionnaire was sent to 150 construction firms in Hanoi and collected within two months. However, only 130 votes met the requirements and were included in the analysis. The results of descriptive statistics, Cronbach's alpha analysis, and EFA have identified and measured six component attributes of competitive advantage via productivity, which are considered competitive advantages of construction firms in Hanoi. Based on the research results, we propose some recommendations to improve the capacity and competitive advantage of construction firms in Hanoi in the coming years.


Keywords: Competitive Advantage, Productivity, Business Performance, Construction Firms

Pages: 353-357

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