The Resource-Based Perspective:

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dc.contributor.author	J. Foss, Nicolai
dc.date.accessioned	2010-07-02
dc.date.accessioned	2010-07-02T10:05:15Z
dc.date.available	2010-07-02T10:05:15Z
dc.date.issued	2010-07-02
dc.identifier.isbn	8778730198
dc.identifier.uri	http://hdl.handle.net/10398/8117
dc.description.abstract	The resource-based approach to strategy, which reaches back to the contributions of Penrose, Selznick and Chandler, has gradually become the dominant perspective in strategy (content) research, arguably because it combines realism with relative rigour. The present paper presents the main themes of the contemporary version of the resource-based perspective (Wernerfelt, Rumelt, Barney....) and diagnoses a number of problems, such as the lack of a clear terminology, unclarity as to what really is the unit of analysis, the role of the environment, and the seemingly different versions that exist of the perspective. The perhaps deepest problem, however, is the lack of theorizing with respect to the creation of new resources, which tends to give the perspective a retrospective character and makes its application to managerial practice. It is suggested that resource-based scholars may draw upon work relating to real options, complementarities and organizational learning if they wish to remedy this deficiency.	en_US
dc.format.extent	38 s.	en_US
dc.language	eng	en_US
dc.publisher	Copenhagen Business School	en_US
dc.relation.ispartofseries	DRUID;97-1
dc.subject.other	Organizational learning strategy	en_US
dc.title	The Resource-Based Perspective:	en_US
dc.type	wp	en_US
dc.accessionstatus	modt10jul02 siso	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Institut for Innovation og Organisationsøkonomi	en_US
dc.contributor.departmentshort	INO	en_US
dc.contributor.departmentuk	Department of Innovation and Organizational Economics	en_US
dc.contributor.departmentukshort	INO	en_US
dc.idnumber	8778730198	en_US
dc.publisher.city	København	en_US
dc.publisher.year	1997	en_US
dc.title.subtitle	An Assessment and Diagnosis of Problems	en_US