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

Received: 11 August 2024     Accepted: 3 September 2024     Published: 26 September 2024
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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.

Published in American Journal of Theoretical and Applied Business (Volume 10, Issue 2)
DOI 10.11648/j.ajtab.20241002.12
Page(s) 33-46
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Strategic Importance of Location, Export Competitiveness, Geographic Advantages, International Trade and Location Strategy

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    Nege, T. B., Abegaz, M. B. (2024). Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review. American Journal of Theoretical and Applied Business, 10(2), 33-46. https://doi.org/10.11648/j.ajtab.20241002.12

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    Nege, T. B.; Abegaz, M. B. Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review. Am. J. Theor. Appl. Bus. 2024, 10(2), 33-46. doi: 10.11648/j.ajtab.20241002.12

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    AMA Style

    Nege TB, Abegaz MB. Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review. Am J Theor Appl Bus. 2024;10(2):33-46. doi: 10.11648/j.ajtab.20241002.12

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  • @article{10.11648/j.ajtab.20241002.12,
      author = {Teshome Bekele Nege and Mekonnen Bogale Abegaz},
      title = {Strategic Importance of Location for Export Competitiveness: A Systematic Literature Review
    },
      journal = {American Journal of Theoretical and Applied Business},
      volume = {10},
      number = {2},
      pages = {33-46},
      doi = {10.11648/j.ajtab.20241002.12},
      url = {https://doi.org/10.11648/j.ajtab.20241002.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20241002.12},
      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.
    },
     year = {2024}
    }
    

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    JF  - American Journal of Theoretical and Applied Business
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    AB  - 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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