The sociality of resources: Understanding organizational competitive advantage from a social perspective

The sociality of resources: Understanding organizational competitive advantage from a social... This study investigates the influence of social structures on the meaning and value of resources. Although understanding resources from a sociological perspective is equally important for the competitive advantage of organizations, prior studies on what a resource is and how a resource becomes valuable have been conducted within an economic perspective. This study examines the meaning and value of resources within a social structure in order to extend the boundary conditions of existing research on resources. Based on a two-step content analysis of the meaning and value of resources in Chinese universities, this study identifies three types of social-oriented resources (resources that help organizations achieve social goals). These contrast with economic-oriented resources (resources that help organizations achieve economic goals) in markets. We also find three strategies that create the value of social-oriented resources. The findings regarding the meaning and value of social-oriented resources uncover the sociality of resources that complement the economic perspective and highlight the importance of understanding organizational competitive advantage from a sociological perspective. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Asia Pacific Journal of Management Springer Journals

The sociality of resources: Understanding organizational competitive advantage from a social perspective

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Publisher
Springer US
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Business and Management; Management; Business and Management, general
ISSN
0217-4561
eISSN
1572-9958
D.O.I.
10.1007/s10490-016-9490-z
Publisher site
See Article on Publisher Site

Abstract

This study investigates the influence of social structures on the meaning and value of resources. Although understanding resources from a sociological perspective is equally important for the competitive advantage of organizations, prior studies on what a resource is and how a resource becomes valuable have been conducted within an economic perspective. This study examines the meaning and value of resources within a social structure in order to extend the boundary conditions of existing research on resources. Based on a two-step content analysis of the meaning and value of resources in Chinese universities, this study identifies three types of social-oriented resources (resources that help organizations achieve social goals). These contrast with economic-oriented resources (resources that help organizations achieve economic goals) in markets. We also find three strategies that create the value of social-oriented resources. The findings regarding the meaning and value of social-oriented resources uncover the sociality of resources that complement the economic perspective and highlight the importance of understanding organizational competitive advantage from a sociological perspective.

Journal

Asia Pacific Journal of ManagementSpringer Journals

Published: Nov 4, 2016

References

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