Towards a Dynamic Resource-Based View

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Towards a Dynamic Resource-Based View

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dc.contributor.author Foss, Nicolai J.
dc.contributor.author Ishikawa, Ibuki
dc.date.accessioned 2009-08-20
dc.date.accessioned 2009-08-20T08:45:43Z
dc.date.available 2009-08-20T08:45:43Z
dc.date.issued 2009-08-20
dc.identifier.isbn 8778732077
dc.identifier.uri http://hdl.handle.net/10398/7877
dc.description.abstract Over the last two decades the resource-based view (“RBV”) has become dominant in the strategic management field. It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on insights in entrepreneurship and capital theory, drawn from Austrian economists as well as Frank Knight, in order to strengthen its dynamic dimension. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage. en_US
dc.format.extent 30 s. en_US
dc.language eng en_US
dc.publisher DRUID en_US
dc.relation.ispartofseries DRUID Working Paper;06-16
dc.title Towards a Dynamic Resource-Based View en_US
dc.type wp en_US
dc.accessionstatus modt09aug20 liga en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Danish Research Unit for Industrial Dynamics en_US
dc.contributor.departmentshort DRUID en_US
dc.contributor.departmentuk Danish Research Unit for Industrial Dynamics en_US
dc.contributor.departmentukshort DRUID en_US
dc.idnumber 8778732077 en_US
dc.publisher.city Frederiksberg en_US
dc.publisher.year 2006 en_US
dc.title.subtitle Insights from Austrian Capital and Entrepreneurship Theory en_US


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