The objective of this work is to analyse the relative importance of three groups of competitive advantage factors on firms’ results of the Spanish agro-food industry. Competitive advantage factors correspond to three aspects: agro-food firms internal sources called, in this study, Potential Resources (RP); agro-food firms relationships with other firms, which are called Specific Firms Relationships (RE); and, the market and industry characteristics plus the industrial localisation, which are included in the so called Market Structure and Industry Location (EMI). Seven hypotheses have been formulated to asses direct and indirect relationships between RP, RE, EMI and economic Results (R) specifying causality directions between explicative indicators for each... |