Collective action and business competitiveness

Abstract

This study aims to comprehensively review the extant literature examining the intricate relationship between collective action (CA) strategies employed within industrial contexts and the consequent impact on organizational competitiveness. Utilizing a systematic literature review methodology, this study meticulously identifies and synthesizes the challenges and solutions associated with CA. Additionally, it delineates various factors that influence business competitiveness in relation to collective action strategies. The analysis culminates in the development of a conceptual model that elucidates the dynamic interplay between collective action problems and strategies, alongside key business competitiveness factors. Furthermore, the study highlights the moderating role that governance structures can exert on this relationship. This review stands out in the literature due to its unique focus on the intersection of collective action strategies and organizational competitiveness. It addresses a gap in existing research by providing a comprehensive synthesis of these variables within the context of business environments. The study underscores the imperative for a more profound theoretical exploration of business-related collective action. It suggests a critical examination of the role that existing business associations play in enhancing or impeding the competitiveness of firms. By doing so, it offers valuable insights for practitioners and policymakers aiming to leverage collective action for competitive advantage. The comprehensive analysis offered in this review provides a robust framework for understanding the factors that drive the effectiveness of collective action strategies and their implications for business competitiveness. By identifying the challenges and solutions associated with collective action, as well as the business competitiveness factors influenced by these strategies, this study contributes to a deeper understanding of the field. Additionally, the conceptual model proposed here highlights the crucial role of governance in moderating the relationship between collective action and competitiveness, offering a nuanced perspective that can inform both academic inquiry and practical implementation. Overall, this study provides a valuable foundation for future research and practice, emphasizing the importance of collective action in achieving and sustaining competitive advantage in the business world.