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A Natural-Resource-Based View of the Firm
Abstract
Historically, management theory has ignored the constraints imposed by the biophysical (natural) environment. Building upon resource-based theory, this article attempts to fill this void by proposing a natural-resource-based view of the firm—a theory of competitive advantage based upon the firm's relationship to the natural environment. It is composed of three interconnected strategies: pollution prevention, product stewardship, and sustainable development. Propositions are advanced for each of these strategies regarding key resource requirements and their contributions to sustained competitive advantage.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Core capabilities and core rigidities: A paradox in managing new product development
Leonard-Barton, D. (1992) · Strategic Management Journal · doi:10.1002/smj.4250131009 · Cited by 6,477
Cited by
Corporate Social and Financial Performance: A Meta-Analysis
Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003) · Organization Studies · doi:10.1177/0170840603024003910 · Cited by 7,641
Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?
Priem, R. L., & Butler, J. E. (2001) · Academy of Management Review · doi:10.5465/amr.2001.4011928 · Cited by 4,461
WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS.
Bansal, P., & Roth, K. (2000) · Academy of Management Journal · doi:10.2307/1556363 · Cited by 4,020
Corporate Social Responsibility: Strategic Implications*
McWilliams, A., Siegel, D. S., & Wright, P. M. (2006) · Journal of Management Studies · doi:10.1111/j.1467-6486.2006.00580.x · Cited by 3,154
The Influence of Green Innovation Performance on Corporate Advantage in Taiwan
Chen, Y.-S., Lai, S.-B., & Wen, C.-T. (2006) · Journal of Business Ethics · doi:10.1007/s10551-006-9025-5 · Cited by 2,684
Metadata
- Authors
- Hart, S. L.
- Venue
- Academy of Management Review
- Publisher
- Academy of Management
- Published
- 1995-10
- Volume
- 20
- Issue
- 4
- Pages
- 986
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2103847341
- Cited by
- 5,174
- References
- 2
- FWCI
- 54.05
- Type
- journal article
- Language
- en
- Open access
- closed
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- Hart, S. L. (1995). A Natural-Resource-Based View of the Firm. Academy of Management Review. https://doi.org/10.5465/amr.1995.9512280033
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.