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10 papers analyzed
These studies suggest that the resource-based view (RBV) theory focuses on how a firm's resources and capabilities contribute to its competitive advantage, with applications in strategic management, international business, and sustainable development, while also highlighting the need for refinement and integration with other models.
19 papers analyzed
The Resource-Based View (RBV) theory is a prominent framework in strategic management that emphasizes the role of a firm's internal resources in achieving competitive advantage. This theory posits that unique, valuable, and inimitable resources and capabilities are critical for a firm's sustained success.
Competitive Advantage through Resources:
Empirical Implications and Evolution:
Critiques and Limitations:
Natural-Resource-Based View:
International Business Applications:
Resource Orchestration:
The Resource-Based View (RBV) theory remains a vital framework in strategic management, emphasizing the importance of unique and valuable resources for competitive advantage. While it has evolved and integrated with other theoretical perspectives, it faces critiques regarding its definitions and scope. Extensions like the natural-resource-based view and applications in international business highlight its adaptability and relevance. Future research should address its limitations and explore dynamic frameworks to further enhance its applicability.
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