The resource-based view: a tool of key competency for competitive advantage
Open accessAbstract
The increasing turmoil in the external organizational setting or business environment has focused attention on capabilities and resources as the primary source of competitive advantage. Obviously, this statement points to the application of the resource-based view (RBV) of organizational management. Nevertheless, what constitutes RBV remains an illusion in many quarters of organizational management, as scholars have managed to put up their personal ideas, and managed to converge on phenomenon-driven theories, in addition to RBV. This paper reviews the concepts of RBV in light of knowledge management to highlight some critical pitfalls that might have eluded the research community on the subject matter of RBV. To this end, this paper’s educational value lies in the fact that it simplifies the concept of RBV to the new researcher in a fashion that is capable of appealing to his or her level. A cross-sectional qualitative research approach was employed in an effort aimed at understanding the role of RBV in creating a sustainable competitive advantage and key competencies. A total of 20 relevant articles were searched from different databases and search engines, including Scopus, EBSCO, ABI Inform, IEEE, PubMed, Science Direct, SABINET, IEEE, Bing, Science Direct, and Google Scholar. The findings indicate that RBV plays an important role and assists organizations not only create, nurture, and maintain competitive advantage, but also understand the collective resources needed to compete favorably in a globalized and highly competitive market. With expert knowledge workers at its core to provide support for knowledge creation, sharing, and utilization, the RBV principles discussed in this paper promise to guarantee a methodological step geared towards the achievement of competitive advantage. It, therefore, makes an incremental contribution to the RBV to attain modest improvement in organizational settings.
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The failure to utilize these organizational resources represents a constraint to the organization's ability to develop AI as a strategic capability throughout the entire organization.
“The failure to utilize these organizational resources represents a constraint to the organization’s ability to develop AI as a strategic capability throughout the entire organization (Assensoh-Kodua 2019).”
From AI-driven financial fraud detection in Pakistan’s banking sector: bridging strategic intent and operational implementation (2026) · cites this paper as Assensoh-Kodua 2019
Section 2.1 says organizations need to utilize internal resources to attain competitive advantage, and Section 4.2 links organizational competence to resource know-how. The paper does not address AI as a strategic capability or establish that unused resources constrain its development throughout an organization. (LLM, conf=0.86)
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- Authors
- Assensoh-Kodua, A.
- Affiliations
- Durban University of Technology (ZA)
- Corresponding author
- Assensoh-Kodua, Akwesi
- Venue
- Problems and Perspectives in Management
- Publisher
- LLC CPC Business Perspectives
- Published
- 2019-08-09
- Volume
- 17
- Issue
- 3
- Pages
- 143-152
- ISSN
- 1727-7051 (ISSN-L)
- 1810-5467
- OpenAlex
- W2966980944
- Cited by
- 115
- References
- 33
- Citations by year
- 2026: 19 · 2025: 40 · 2024: 21 · 2023: 21 · 2022: 8 · 2021: 5 · 2019: 1
- FWCI
- 5.38
- Type
- journal article
- Language
- en
- Open access
- gold
- doi.org
- Locations
- Problems and Perspectives in Management (publishedVersion, cc-by)
- DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Business, Management and Accounting › Strategy and Management › Management and Organizational Practices
- Social Sciences › Business, Management and Accounting › Strategy and Management › Intellectual Capital and Performance Analysis
- Keywords
- resource-based view, competitive advantage, core competencies, organizational capabilities, knowledge management, knowledge workers, sustainable competitive advantage, organizational resources
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