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作者:Helfat, CE; Peteraf, MA
作者单位:Dartmouth College
摘要:This article introduces the concept of the capability lifecycle (CLC), which articulates general patterns and paths ill the evolution of organizational capabilities over lane. The capability lifecycle provides a structure for a more, comprehensive approach to dynamic resource-based theory. The analysis incorporates the founding, development, and maturity of capabilities ill a manner that helps to explain the sources of heterogeneity in organizational capabilities. In addition, the analysis inc...
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作者:Denrell, J; Fang, C; Winter, SG
作者单位:University of Pennsylvania; New York University; National University of Singapore; Stockholm School of Economics
摘要:As emphasized by Barney (1986), any explanation of superior profitability must account for why the resources supporting such profitability could have been acquired for a price below their rent-generating capacity. Building upon the literature in economics on coordination failures and incomplete markets, we suggest a framework for analyzing such strategic factor market inefficiencies. Our point of departure is that a strategic opportunity exists whenever prices fail to reflect the value of a re...
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作者:Makadok, R
作者单位:Emory University
摘要:This paper models the joint impact of two determinants of profitable resource advantages: the accuracy of managers' expectations about the future value of a resource, and the severity of agency problems that cause managers' interests to diverge from those of shareholders. While the impact of each of these factors on resource-investment decisions has been considered in isolation, their joint interaction effect has never been examined. The model generates the following set of testable hypotheses...
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作者:Miller, D
作者单位:Universite de Montreal; HEC Montreal; University of Alberta
摘要:The resource-based view of the firm postulates that sustainable abnormal rents call accrue to firms having valuable, rare, inimitable, non-substitutable resources and capabilities. Given these criteria, sustainable resources are hard to attain. Our study of some two dozen firms shows how some of them were able to overcome this dilemma by building not so much oil resources and capabilities as on asymmetries. Asymmetries are typically, skills, processes, or 'assets' a firm's competitors do not a...
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作者:Adner, R; Helfat, CE
作者单位:INSEAD Business School; Dartmouth College
摘要:Corporate effects in variance decomposition capture heterogeneity of business performance derived from factors internal to firms at the corporate level. Most estimates of corporate effects do not include effects associated with fluctuations in returns over time, except insofar as the fluctuations affect the average corporate return for the time period in question. Exclusion of the time-varying dimension of the corporate effect makes it difficult to fully understand the effect of corporate stra...
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作者:Hoopes, DG; Madsen, TL; Walker, G
作者单位:Southern Methodist University; Santa Clara University
摘要:Although the resource-based view (RBV) is one of the most popular and fruitful areas of strategy research, it often perplexes scholars from other disciplines. Also, it is unclear whether strategy scholars themselves agree on the RBV's basic issues and premises. To clarify the contribution of the RBV, in this paper we elaborate its basic tenets and relate them to other current research on interfirm performance variance. We suggest a more expansive discussion of sustained differences among firms...
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作者:Maritan, CA; Brush, TH
作者单位:State University of New York (SUNY) System; University at Buffalo, SUNY; Purdue University System; Purdue University
摘要:Adopting new practices to develop capabilities and enhance competitiveness is a goal for many firms. This study of a corporate initiative to implement flow manufacturing in multiple plants highlights some elements of the interaction between the content of a complex practice, the sources of the practice knowledge, and the characteristics and competitive priorities of the recipients of the practice. Heterogeneity among the plants, stemming from both differences in resource endowments and differe...
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作者:Peteraf, MA; Bergen, ME
作者单位:Dartmouth College; University of Minnesota System; University of Minnesota Twin Cities
摘要:Heterogeneity among rivals implies that each firm faces a unique competitive set, despite overlapping market domains. This suggests the utility of a firm-level approach to competitor identification and analysis, particularly under dynamic environmental conditions. We take such an approach in developing a market-based and resource-based framework for scanning complex competitive fields. By facilitating a search for functional similarities among products and resources, the framework reveals rele...