1,720,975 research outputs found

    Is the Resource-based 'View' a Useful Perspective for Strategic Management Research?

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    As a potential theory, the elemental resource-based view (RBV) is not currently a theoretical structure. Moreover, RBV proponents have assumed stability in product markets and eschewed determining resources' values. As a perspective for strategic management, imprecise definitions hinder prescription and static approaches relegate causality to a "black box." We outline conceptual challenges for improving this situation, including rigorously formalizing the RBV, answering the causal "how" questions, incorporating the temporal component, and integrating the RBV with demand heterogeneity models.Department of Management and Marketin

    Tautology in the Resource-based View and the Implications of Externally Determined Resource Value: Further Comments.

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    We counter Barney's challenges and reaffirm the tautology of the elemental business-level resource-based "view" (RBV). We develop a mathematical representation of the REV as a first step toward formalizing its statements. We then explore the implications of our assertion land Barney's agreement) that resource value is indeed determined outside of the REV.Department of Management and Marketin
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