Scientific Progress in Strategic Management

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dc.contributor.author	Foss, Nicolai J.	en_US
dc.date.accessioned	2009-02-04T10:27:27Z
dc.date.available	2009-02-04T10:27:27Z
dc.date.issued	2005-11-22T00:00:00Z	en_US
dc.identifier.isbn	8791815134	en_US
dc.identifier.uri	http://hdl.handle.net/10398/7481
dc.description.abstract	Does the RBV represent a case of scientific progress? And has it emerged as the dominant approach to the analysis of competitive advantage for this reason? Conventional criteria for scientific progress, notably those of the growth of knowledge literature, are not particularly helpful for understanding this. Instead, it is argued that in order to understand why the RBV is an instance of scientific progress, we should begin from the notion that reduction is at the heart of progress in science, and that many scientists implicitly or explicitly hold this view. The RBV is a case of scientific progress because it identified theoretical mechanisms at levels lower than those that were usually investigated in strategy research prior to the RBV. Unfortunately, the micro-emphasis of the RBV gave way during the 1990s to more aggregative modes of theorizing (i.e., the capabilities approach). Thus, the RBV represents an "unfinished revolution" as there is still considerable potential to dig deeper in the deep structure of competitive advantage. Keywords: Resource-based view, mechanisms, reductionism, competitive advantage, transaction costs, property rights. JEL Code: L2, M1	en_US
dc.format.extent	29 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	SMG Working paper;2005-011	en_US
dc.title	Scientific Progress in Strategic Management	en_US
dc.type	wp	en_US
dc.accessionstatus	modt05nov22 miel	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Center for Strategi og Globalisering	en_US
dc.contributor.departmentshort	SMG	en_US
dc.contributor.departmentuk	Center for Strategic Management and Globalization	en_US
dc.contributor.departmentukshort	SMG	en_US
dc.description.notes	Prepared for a special issue of The Journal of Learning and Intellectual Capital on "Twenty Years after the Resource-based View,‿ edited by Patricia Ordonez de Pablos, Margaret Peteraf, and Juan Ventura.	en_US
dc.idnumber	8791815134	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2005	en_US
dc.title.subtitle	The case of the Resource-based view	en_US