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Publication: Journal of Forest Products Business Research
Authors: 0
Reference ID: Volume 7 Article No. 1
Publish Year: 2010
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Title: Importance of Internal and External Factors when Adapting to Environmental Changes in SME Sawmills in Norway and Finland: The Manager’s View
Drawing upon the resource-based view (RBV) of the firm and Porter’s five forces, this study examines CEOs’ perceptions of the drivers of competitive advantage in Finnish and Norwegian small- and medium-sized (SME) sawmills. Using qualitative data from
CEO interviews and secondary data sources, the results show differences in relevant resources among SME sawmills. In some cases, high-quality raw material is a driver of above-average industry performance, while certain organizational resources, together with correct positioning within an industry, are a way to compensate for a lack of other sources of competitive advantage. Resources such as advanced production technology or a flat organizational structure are essential to diluting the weaknesses of the case companies. Our cases also clarify the important role of intangible resources (e.g., personnel being willing to change).

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