WebA Resource-based View of the Firm 173 If the production of a resource itself or of one of its critical inputs is controlled by a monopolistic group, it will, ceterisparibus, diminish the … WebThe resource-based view advances the importance of firm-specific resources, that is, those resources that maintain value in the context of the given firm's markets and other resources that are difficult to replicate by other firms (Wernerfelt 1984 ). Such resources include managerial ability, customer relationships, brand reputation, and tacit ...
birger Wernerfelt - Google Scholar
WebBirger Wernerfelt. Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts, U.S.A. ... The article reflects on the diffusion of the ‘resource-based view of the firm’ into academic and practitioner thought. The contributions of many people are noted. In closing, I offer some speculations about the future ... WebThe Resource Based View holds that firms can earn sustainable supra-normal returns if and only if they have superior resources and those resources are protected by some … rds licensing ha
Small forces and large firms: Foundations of the RBV - Wernerfelt …
WebAlthough this significant theory within the supply chain framework was coined by Birger Wernerfelt in his article A Resource-Based View of the Firm (1984). The beginning of this theory can be found in earlier researches. The fundamentals of the resource-based view can be traced back to works by Coase (1937), Selznick (1957), Penrose (1959 ... Web14. Birger Wernerfelt (1984), ‘A Resource-based View of the Firm’, 15. S.A. Lippman and R.P. Rumelt (1982), ‘Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency under Competition’, 16. Ingemar Dierickx and Karel Cool (1989), ‘Asset Stock Accumulation and Sustainability of Competitive Advantage’, Management Science, WebNov 11, 2024 · What is a resource based view? RBV is an approach to achieving competitive advantage that emerged in 1980s and 1990s, after the major works published by Wernerfelt, B. (“The Resource-Based View of the Firm”), Prahalad and Hamel (“The Core Competence of The Corporation”), Barney, J. (“Firm resources and sustained … how to spell penetrating