Export performance Malaysian furniture industry: rethinking competitiveness
Abstract Malaysia is one of the ten largest furniture exporting countries of the world. Behind the success of this industry there are several competitive advantages which are rare and difficult to copy by its competing nations. Hence the importance of measuring competitive advantages of the...
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Format: | Article |
Language: | English English |
Published: |
medi+WORLD Internationa
2014
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Online Access: | http://irep.iium.edu.my/39910/ http://irep.iium.edu.my/39910/ http://irep.iium.edu.my/39910/1/Export_Furniture_Products_.pdf http://irep.iium.edu.my/39910/3/MEJBJanuary2014.pdf |
Summary: | Abstract
Malaysia is one of the ten largest
furniture exporting countries
of the world. Behind the success
of this industry there are several
competitive advantages which
are rare and difficult to copy by
its competing nations. Hence
the importance of measuring
competitive advantages of the
furniture industry of Malaysia has
arisen. The concept ‘competitiveness’
is vast and vital for a nation
to measure. The purpose of this
paper includes, specifying the
meanings and measurements of
‘competitiveness’. After that the
study will clarify the definitions of
‘competitiveness’ for the furniture
industry of the country. ‘Competitiveness’
of any industry should be
measured based on the appropriate
objectives of any nation. In the
measurements, the expectations
of involved exporters, importers or
clients and the worldwide demand
and supply conditions should
be brought under consideration
which cannot be possible by a
single measure of competitiveness.
Keywords: Competitiveness,
Export Performance, Comparative
Advantage, Constant Market Share,
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