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| 3. | ART |
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Academic Term Papers Catalog THE RESOURCE-BASED VIEW OF THE FIRM: A PRODUCTIVE CONCEPT IN BUSINESS STRATEGY.
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| 13443. THE RESOURCE-BASED VIEW OF THE FIRM: A PRODUCTIVE CONCEPT IN BUSINESS STRATEGY. Excellent summary of this vein of business strategy literature which concentrates on the firm's own abilities, assets and possibilities. roots of the concept in the economic work of Schumpeter and E. Penrose, first use of the term "resource-based view" by B. Wernerfelt's 1984 article, other writers specializing in the concept. the heart of the study is a detailed analysis of several specific articles: a study by D. Collis of the based view gives good results in explaining why firms seem to maintain non-profit-maximizing uses of resources, two other articles are criticized for offering little new knowledge. Criticisms of the resource-based view by Michael Porter are analyzed and compared with the best theorizing in the field (by Mahoney & Pandian, 1992) to conclude that the RBV school will be found to be "based on realistic views of market imperfections" that are not adequately explained by classical microeconomics. 21p.46f.10b | $133 |
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