Construction of Competitive Advantage Instrument in Jordanian SME Context Using Structural Equation Modelling

作者: Khaled Alzeaideen

DOI: 10.5430/IJFR.V11N1P236

关键词: BusinessKnowledge managementCapital structureMarketing strategyConstruct (philosophy)BenchmarkingCompetitive advantageStructural equation modelingContext (language use)Delphi method

摘要: Jordanian SMEs are becoming increasingly hard to endure and thrive in the aggressive entrepreneurial world economy due weak capital structure, poor leadership marketing strategy, as well other legislative limitations. As a consequence, Jordan faces problems achieving full advantage from SME industry well, making an inadequate contribution domestic GDP. Competitive (CA) can, however, perform crucial part fast economic development sustainability of coherent appropriate input Jordan's But construction CA is still underdeveloped ignores unifying hypothesis, resulting fragmented study attempts. In addition, there now several frameworks for evaluation benchmarking firm performance (FP), but none these provide approach assessing competitive firm. Therefore, this aims explore determine dimensionality items measuring construct. The issue has previously been discussed, no prevalent agreement between scholars number dimensions assess should be used. This research investigated measurement created by past researchers tailored accommodate environment Jordan. regard, Delphi technique combined Structural Equation Modeling (SEM) also followed steps instrument creation developed Churchill (1979). primary objective develop capable sector. tool provides relevant efficient that disclosed three aspects satisfying all socio-metric properties required social science, namely dimensionality, reliability, validity.

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