THE INTER-ORGANIZATIONAL SYNERGY EFFECT: HOW TO CAPTURE COMPETITIVE ADVANTAGE?

This investigation assessed the question of inter-organizational relations that contributes to synergy as well as factors undermining the employees’ efforts to act collaboratively and create synergistic effect. If synergy is well handled, it can create added value and lead to a sustained competitive...

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Bibliographic Details
Published in:Southeast European Review of Business and Economics 2022-07, Vol.4 (1), p.9-22
Main Author: Hristova, Snezhana
Format: Article
Language:English
Online Access:Get full text
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Summary:This investigation assessed the question of inter-organizational relations that contributes to synergy as well as factors undermining the employees’ efforts to act collaboratively and create synergistic effect. If synergy is well handled, it can create added value and lead to a sustained competitive advantage. A survey was designed to uncover if synergy is being challenged by specific factors. The results of this study show that factors such as teamwork, collaboration, and knowledge sharing are positively related with synergy and creation of competitive advantage. Taken together, the findings from this study suggest that the effects of synergy continue to persist beyond the interaction to form and inspire a formidable competitive advantage that endures over time. It is expected that findings will contribute to describe the ways through which organizational development is related to creating distinctive capabilities and to confirm that the greater the interplay of factors, the greater the competitive positioning and sustainability of an organization.
ISSN:2671-339X
DOI:10.20544/SERBE.07.01.23.P01