Resources and Transaction Costs

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dc.contributor.author	Foss, Kirsten	en_US
dc.contributor.author	Foss, Nicolai J.	en_US
dc.date.accessioned	2009-02-04T10:26:41Z
dc.date.available	2009-02-04T10:26:41Z
dc.date.issued	2004-08-02T00:00:00Z	en_US
dc.identifier.isbn	8791506247	en_US
dc.identifier.uri	http://hdl.handle.net/10398/7297
dc.description.abstract	Abstract The economics of property rights furthers the resource-based view in a number of ways. Resource analysis is refined by conceptualizing resources as composed of multiple attributes to which property rights may be held. A resource owner’s ability to create, appropriate and sustain value from resources depends on the property rights that she holds to those resources and on the transaction costs of exchanging, defining and protecting the relevant property rights. While transaction costs are major sources of value dissipation, value may be created by reducing such dissipation. Implications for the RBV analysis of sustained competitive advantage are derived.	en_US
dc.format.extent	30 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	Working paper;2004-009	en_US
dc.subject.other	kep	en_US
dc.title	Resources and Transaction Costs	en_US
dc.type	wp	en_US
dc.accessionstatus	modt04aug02 miel	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Institut for Ledelse, Politik og Filosofi	en_US
dc.contributor.departmentshort	CKG	en_US
dc.contributor.departmentuk	Department of Management, Politics & Philosophy	en_US
dc.contributor.departmentuk	Center for Knowledge Governance	en_US
dc.contributor.departmentukshort	MPP	en_US
dc.contributor.departmentukshort	CKG	en_US
dc.idnumber	8791506247	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2004	en_US
dc.title.subtitle	How the Economics of Property Rights Furthers the Resource-based View	en_US