ARC: Research: Theories: Resource-Based Theory of the Firm
Overview
This theory emphasizes firm resources that it has rather than the products it makes. There are many sorts of resources which can variously be physical, intangible, financial, market-based, and so on.
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Key Citations
Wernerfelt, Birger (1984), "A Resource-Based View of the Firm," Strategic Management Journal, 5 (2), 171-180.
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Application Areas
management
Other Literature
Srivastava, Rajendra K., Liam Fahey, and H. Kurt Christensen (2001), "The Resource-Based View and Marketing: The Role of Market-Based Assets in Gaining Competitive Advantage," Journal of Management, 27 (6), 777-802.
Suggest other literature by sending email to arc@ama.org.