Gaining Economic Competitive Advantages in Poor Counties Based on Resource-based Theory |
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| Institution: | 1. Nano Science and Technology Research Center, Shanghai University, Shanghai 200444, PR China;2. Shanghai Institute of Applied Mathematics and Mechanics, Shanghai University, Shanghai 200444, PR China;3. Shanghai Key Laboratory of Mechanics in Energy Engineering, Shanghai 200072, PR China;4. Research Center for Composite Materials, Shanghai University, Shanghai 200444, PR China;1. Department of Industrial Engineering and Management, Indian Institute of Technology, Kharagpur, India;2. Bristol Business School, University of the West of England, Bristol, UK;3. Department of Management, Dublin City University Business School, Dublin, Republic of Ireland;4. Derby Business School, The University of Derby, Derby, UK;5. Sheffield University Management School, University of the Sheffield, Sheffield, UK |
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| Abstract: | This article discusses the creation of economic competitive advantages in poor counties. The article discusses and analyzes different paths of gaining economic competitive advantages in counties with abundant resources and those that lack resources. In order to promote the development of the economic status of poor countries, we suggest that counties with abundant resources should make the best use of their resources, exploit and protect them to develop their economy, and that counties with a lack of resources should build up their intangible assets and establish a government with entrepreneurship spirit based on their actual situations. |
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