Case Study: The Spanish Wine Industry

This scholarly article assesses the elements of competitive advantage in the Spanish wine industry. Strategy, resources, capability, and managerial ability all affect a firm's competitive advantage.

Results

The R^2 values, or the adjusted coefficient of regression, are different for each of the three studies and they vary from 0.260 for cooperatives (n =
 42), the lowest value, to 0.435 for individual wineries (n = 37), and 0.462 for mercantile wineries (n=159). These values were also found in other comparable studies, for example, 0.390; 0.279, and suggest that the model provides sufficient information to draw conclusions.