Resource-Based View

(Strategic Management)

Tech

skills
Strategic Management
Link to Dbpedia

What is Resource-based view?

The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Barney's 1991 article "Firm Resources and Sustained Competitive Advantage" is widely cited as a pivotal work in the emergence of the resource-based view. However, some scholars argue that there was evidence for a fragmentary resource-based theory from the 1930s. RBV proposes that firms are heterogeneous because they possess heterogeneous resources, meaning firms can have different strategies because they have different resource mixes. The RBV focuses managerial attention on the firm's internal resources in an effort to identify those assets, capabilities and competencies with the potential to deliver superior competitive advantages.

Technology Types

business economiccompetition (economicsstrategic management

Synonyms

Causal ambiguityRBV

Translations

Ressourcentheorie (de)Szkoła zasobów i kompetencji (pl)Théorie du management par les ressources (fr)Visão baseada em recursos (pt)Ресурсный подход (ru)資源基礎觀點 (zh)

Tech Info


Source: [object Object]
 — Date merged: 11/6/2021, 1:32:50 PM
 — Date scraped: 5/20/2021, 6:04:30 PM