Resource-Based View

Oluwasegun Seriki

doi:10.1007/978-3-030-02006-4_469-1

Resource-Based View

Research output: Other contribution › peer-review

Abstract

The central argument in the resource-based view (RBV) is that despite a firm having well-defined goals to accomplish, how the mission will be fulfilled is often limited by resource availability (Rangan 2004). The RBV focuses on the utilization and deployment of resources, leading to the development of resource-driven competencies and eventual competitive advantage (Prior and Glaser 2003). Resources in a firm can be either internal or external to the firm and may be acquired or already owned by the firm (Arbab Kash et al. 2014). The process through which a firm coordinates and deploys these resources will eventually affect its competitive advantage.

The RBV can be defined as:

…the identification and co-ordination of key resources, whether internal or external to the firm, tangible or intangible, and its eventual deployment to achieve firm objectives and organisational goals, in a bid to outperform competitors.

Wernerfelt’s...

Original language	English
Publisher	Springer Nature
DOIs	https://doi.org/10.1007/978-3-030-02006-4_469-1
Publication status	Published - Mar 2020

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title = "Resource-Based View",

abstract = "The central argument in the resource-based view (RBV) is that despite a firm having well-defined goals to accomplish, how the mission will be fulfilled is often limited by resource availability (Rangan 2004). The RBV focuses on the utilization and deployment of resources, leading to the development of resource-driven competencies and eventual competitive advantage (Prior and Glaser 2003). Resources in a firm can be either internal or external to the firm and may be acquired or already owned by the firm (Arbab Kash et al. 2014). The process through which a firm coordinates and deploys these resources will eventually affect its competitive advantage. The RBV can be defined as: …the identification and co-ordination of key resources, whether internal or external to the firm, tangible or intangible, and its eventual deployment to achieve firm objectives and organisational goals, in a bid to outperform competitors. Wernerfelt{\textquoteright}s...",

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AB - The central argument in the resource-based view (RBV) is that despite a firm having well-defined goals to accomplish, how the mission will be fulfilled is often limited by resource availability (Rangan 2004). The RBV focuses on the utilization and deployment of resources, leading to the development of resource-driven competencies and eventual competitive advantage (Prior and Glaser 2003). Resources in a firm can be either internal or external to the firm and may be acquired or already owned by the firm (Arbab Kash et al. 2014). The process through which a firm coordinates and deploys these resources will eventually affect its competitive advantage. The RBV can be defined as: …the identification and co-ordination of key resources, whether internal or external to the firm, tangible or intangible, and its eventual deployment to achieve firm objectives and organisational goals, in a bid to outperform competitors. Wernerfelt’s...

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Resource-Based View

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