Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review

This comprehensive assessment of the literature looks at the strategic significance of location for export competitiveness. In order to provide a nuanced understanding of how geographic location affects firms' ability to compete in export competitiveness, the review synthesizes key findings and insights from a thorough analysis of 71 scholarly articles from reliable databases, including Scopus, Web of Science, JSTOR, Science Direct, PubMed, DOAJ, and IEEE Xplore. A number of criteria are identified and categorized in the evaluation, including market accessibility, established trade routes and infrastructure, availability of resources, capital, and inputs, institutional support, trade agreements, economic integration, and regulatory framework. Important factors that affect export competitiveness include the innovation environment, industry clusters, the agglomeration effect, the availability of skilled workers, and proximity in terms of language and culture. The case study on best practices has been delivered. Moreover, it highlights gaps in the literature and offers insightful information for new lines of inquiry. This review provides a comprehensive understanding of the strategic significance of geography in influencing enterprises' export plans and performance in the global marketplace by combining empirical data with theoretical frameworks. The review's conclusions broaden our theoretical and practical understanding of how firms' location decisions are influenced by location, which helps managers run their businesses profitably.

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Publication Details

Journal
American Journal of Theoretical and Applied Business
Published
2024-09-26
DOI
https://doi.org/10.11648/j.ajtab.20241002.12
Citations
1
Primary Topic
Global trade and economics
Type
article
Field-Weighted Citation Impact
0.83

Funders

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article

Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review

Mekonnen Bogale Abegaz, Teshome Nege
1 citations
American Journal of Theoretical and Applied Business
Global trade and economics
0.83
article

Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review

Mekonnen Bogale Abegaz, Teshome Nege
article en
1 citations

Abstract

This comprehensive assessment of the literature looks at the strategic significance of location for export competitiveness. In order to provide a nuanced understanding of how geographic location affects firms' ability to compete in export competitiveness, the review synthesizes key findings and insights from a thorough analysis of 71 scholarly articles from reliable databases, including Scopus, Web of Science, JSTOR, Science Direct, PubMed, DOAJ, and IEEE Xplore. A number of criteria are identified and categorized in the evaluation, including market accessibility, established trade routes and infrastructure, availability of resources, capital, and inputs, institutional support, trade agreements, economic integration, and regulatory framework. Important factors that affect export competitiveness include the innovation environment, industry clusters, the agglomeration effect, the availability of skilled workers, and proximity in terms of language and culture. The case study on best practices has been delivered. Moreover, it highlights gaps in the literature and offers insightful information for new lines of inquiry. This review provides a comprehensive understanding of the strategic significance of geography in influencing enterprises' export plans and performance in the global marketplace by combining empirical data with theoretical frameworks. The review's conclusions broaden our theoretical and practical understanding of how firms' location decisions are influenced by location, which helps managers run their businesses profitably.

American Journal of Theoretical and Applied BusinessVol. 10(2)
Jimma University (ET)
Jimma University
Industry, innovation and infrastructure
Openalex Percentile: Top 23%
Global trade and economics
0.83
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