The resource‐based view within the conversation of strategic management

The resource‐based view within the conversation of strategic management The resource‐based approach is an emerging framework that has stimulated discussion between scholars from three research perspectives. First, the resource‐based theory incorporates traditional strategy insights concerning a firm's distinctive competencies and heterogeneous capabilities. The resource‐based approach also provides value‐added theoretical propositions that are testable within the diversification strategy literature. Second, the resource‐based view fits comfortably within the organizational economics paradigm. Third, the resource‐based view is complementary to industrial organization research. The resource‐based view provides a framework for increasing dialogue between scholars from these important research areas within the conversation of strategic management. Resource‐based studies that give simultaneous attention to each of these research programs are suggested. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Management Journal Wiley

The resource‐based view within the conversation of strategic management

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Publisher
Wiley
Copyright
Copyright © 1992 John Wiley & Sons, Ltd.
ISSN
0143-2095
eISSN
1097-0266
DOI
10.1002/smj.4250130505
Publisher site
See Article on Publisher Site

Abstract

The resource‐based approach is an emerging framework that has stimulated discussion between scholars from three research perspectives. First, the resource‐based theory incorporates traditional strategy insights concerning a firm's distinctive competencies and heterogeneous capabilities. The resource‐based approach also provides value‐added theoretical propositions that are testable within the diversification strategy literature. Second, the resource‐based view fits comfortably within the organizational economics paradigm. Third, the resource‐based view is complementary to industrial organization research. The resource‐based view provides a framework for increasing dialogue between scholars from these important research areas within the conversation of strategic management. Resource‐based studies that give simultaneous attention to each of these research programs are suggested.

Journal

Strategic Management JournalWiley

Published: Jun 1, 1992

References

  • Performance differences in related and unrelated diversified firms
    Bettis, Bettis
  • The link between resources and type of diversification: Theory and evidence
    Chatterjee, Chatterjee; Wernerfelt, Wernerfelt
  • The nature of the firm
    Coase, Coase
  • On dominant logic' and the link between diversity and performance
    Grant, Grant
  • Determinants of firm performance: The relative importance of economic and organizational factors
    Hansen, Hansen; Wernerfelt, Wernerfelt
  • Corporate distinctive competence, strategy, industry and performance
    Hitt, Hitt; Ireland, Ireland
  • Industry influence on strategy reformulation
    Huff, Huff
  • Generic competitive strategies–An analytical approach
    Karnani, Karnani
  • The learning curve, diffusion, and competitive strategy
    Lieberman, Lieberman
  • Strategic groups: Theory of research and taxonomy
    McGee, McGee; Thomas, Thomas
  • Heterogeneous firms and the organization of production
    Oi, Oi
  • Diversification strategy, profit performance and the entropy measure
    Palepu, Palepu
  • The historical development of industrial organization
    Phillips, Phillips; Stevenson, Stevenson
  • The dominant logic: A new linkage between diversity and performance
    Prahalad, Prahalad; Bettis, Bettis
  • Research on corporate diversification: A synthesis
    Ramanujam, Ramanujam; Varadarajan, Varadarajan
  • Diversification strategy and profitability
    Rumelt, Rumelt
  • How much does industry matter?
    Rumelt, Rumelt
  • The combined diversification breadth and mode dimensions and the performance of large diversified firms
    Simmonds, Simmonds
  • Corporate acquisition strategies and economic performance
    Singh, Singh; Montgomery, Montgomery
  • Rent seeking: A survey
    Tollison, Tollison
  • Diversification entry: Internal development versus acquisition
    Yip, Yip

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