Cognition, Self-Efficacy, and Problem-Solving Strategies: A Harmonistic Framework for Sustainable Competitive Advantage

Abstract

Purpose: This review examinesthe ways in which cognition, self-efficacy, and problem-solving strategies can bring about sustainable competitive advantage. Methodology: The systematic literature review was adopted to identify, select, and evaluate relevant literature in a transparent manner. Findings: Exploring cognition, self-efficacy, and problem-solving strategies are critical to addressing potential fundamental issues that bedevil efforts of organisations to gain sustainable competitive advantage.Limitations: Bradley (2015) proposed the dimensions of entrepreneurial resourcefulness as use of cognitions and self-instructions, application of problemsolving strategies, ability to delay immediate gratification, and belief in one’s ability to self-regulate internal events (self-efficacy). However, only cognition, self-efficacy, and problem-solving strategies were adopted, applied and discussed independently. Contributions: Cognition, self-efficacy, and problem-solving strategies enhances the capabilities of organisations to pursue and take advantage of opportunities.