A Novel View on Collective Actions and Dynamic Capabilities in Competitive Advantage: Empirical Examination of Minor Export Crop Farms in Sri Lanka | Chapter 7 | Emerging Issues and Development in Economics and Trade Vol.4
Aims: Agribusiness sector is facing several challenges due to a rapid weather and technological changes. This is urged a collective approach. Literature has acknowledged that agribusiness farms which engage in collective actions generate greater value-add and enhance socio-economic contributions of a country. However, its relative importance along with the dynamic capabilities possessed by farms and subsequently competitive advantage has received very little research attention. Theoretically, this study examines the resource-based view in combination with the dynamic capability theories. Study Design: Specifically, the minor export crop farm owners involved in the commercial cultivation of cinnamon, pepper and clove in Sri Lanka were surveyed using a personally-administered, structured questionnaire. Results: The results of regression-based path analysis indicate a significant relationship between collective actions and competitive advantage, as well as between collective action...