The Efeect of Globalization and Development of Entrepreneurial Space on Competitive Advantage of Petrochemical Industry in Selected Countries

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SHAHABADI ABOLFAZL; Khoshtinat Behnaz; Piry Mohammad Amin

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Journal: Journal of Industrial Economic Research Year:2020 | Volume:4 | Issue:11 Page(s): 11-24

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Title

The Efeect of Globalization and Development of Entrepreneurial Space on Competitive Advantage of Petrochemical Industry in Selected Countries

Author(s)

SHAHABADI ABOLFAZL | Khoshtinat Behnaz | Piry Mohammad Amin | Issue Writer Certificate

Keywords

Petrochemical Industry

Competitive Advantage

Globalization

Entrepreneurial Space

Abstract

comparative advantage in the Petrochemical Industry due to their rich resources of oil, gas and gas condensate (feed) as well as their access to open and international waters and their proximity to Asian and European markets. However, maintaining the share of these countries in the global market of petrochemical products and increasing it in today's highly competitive world, is not possible only by resorting to comparative advantage, and success in this field requires a Competitive Advantage. In this paper while using panel data and GMM approaches, the impact of Globalization and development of entrepreneurial environment on the Competitive Advantage of the Petrochemical Industry in Iran, UAE, Turkey, Saudi Arabia, Qatar and Kuwait were investigated for the period 2014-2018. The results showed that the indicators of Globalization, political Globalization, economic Globalization and entrepreneurship had a positive and significant effect on the Competitive Advantage of the Petrochemical Industry of selected countries. In addition, Globalization strengthens the positive effect of the entrepreneurial environment on the Competitive Advantage of the Petrochemical Industry. However, the impact of social Globalization on the Competitive Advantage of the Petrochemical Industry was not confirmed. The results also shown that infrastructure and macroeconomic environment stability had a positive and significant effect on the Competitive Advantage of the Petrochemical Industry.

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APA: Copy

SHAHABADI, ABOLFAZL, Khoshtinat, Behnaz, & Piry, Mohammad Amin. (2020). The Efeect of Globalization and Development of Entrepreneurial Space on Competitive Advantage of Petrochemical Industry in Selected Countries. JOURNAL OF INDUSTRIAL ECONOMIC RESEARCHES, 4(11 ), 11-24. SID. https://sid.ir/paper/385738/en

Vancouver: Copy

SHAHABADI ABOLFAZL, Khoshtinat Behnaz, Piry Mohammad Amin. The Efeect of Globalization and Development of Entrepreneurial Space on Competitive Advantage of Petrochemical Industry in Selected Countries. JOURNAL OF INDUSTRIAL ECONOMIC RESEARCHES[Internet]. 2020;4(11 ):11-24. Available from: https://sid.ir/paper/385738/en

IEEE: Copy

ABOLFAZL SHAHABADI, Behnaz Khoshtinat, and Mohammad Amin Piry, “The Efeect of Globalization and Development of Entrepreneurial Space on Competitive Advantage of Petrochemical Industry in Selected Countries,” JOURNAL OF INDUSTRIAL ECONOMIC RESEARCHES, vol. 4, no. 11 , pp. 11–24, 2020, [Online]. Available: https://sid.ir/paper/385738/en

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