The Link Between Competitiveness and Sustainability of Enterprises

Abstract

Sustainability and competitiveness are directions addressed by national and international organizations. Sustainability implies the use of resources in a balanced manner so that the organization can carry on its activity for as long as possible. Competitiveness can be defined as the organizational capacity to be the best in the industry in which it operates. The link between the two concepts involves an analysis of specialized literature and organizational practices. The work needed to be performed to achieve these levels of competitiveness and sustainability are not clearly defined. Competitiveness and sustainability are two tangential directions that can or cannot be achieved by companies. Being sustainable contributes to achieving competitiveness. But being competitive does not mean that the company is also sustainable. This research aims to identify the link between competitiveness and sustainability in todays economy. Also the dimensions that contribute to the competitiveness of an enterprise and the directions of sustainable development are presented. Analysing the literature, different views that help shape a framework for competitiveness and sustainability of organizations are presented. The purpose of this paper is to identify the elements that contribute to sustainable development and the elements that contribute to organizational competitiveness, to present the link between the two concepts and to develop a theoretical framework for organizational competitiveness and sustainability.

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About this article

Publication Date

18 December 2019

eBook ISBN

978-1-80296-948-1

Publisher

Future Academy

Volume

1

Print ISBN (optional)

-

Edition Number

1st Edition

Pages

1-161

Subjects

Business, management, behavioural management, macroeconomics, behavioural science, behavioural sales, behavioural marketing

Cite this article as:

Ambruș, R., Izvercian, M., Ivascu*, L., & Artene, A. (2019). The Link Between Competitiveness and Sustainability of Enterprises. In Z. Bekirogullari, M. Y. Minas, & R. X. Thambusamy (Eds.), Business & Economics - BE-ci 2017, vol 1. European Proceedings of Multidisciplinary Sciences (pp. 39-47). Future Academy. https://doi.org/10.15405/epms.2017.06.5