Gaining Economic Competitive Advantages in Poor Counties Based on Resource-based Theory

Abstract

This article discusses the creation of economic competitive advantages in poor counties. The article discusses and analyzes different paths of gaining economic competitive advantages in counties with abundant resources and those that lack resources. In order to promote the development of the economic status of poor countries, we suggest that counties with abundant resources should make the best use of their resources, exploit and protect them to develop their economy, and that counties with a lack of resources should build up their intangible assets and establish a government with entrepreneurship spirit based on their actual situations.