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Cited by 4,461Innovation and Knowledge ManagementIntellectual Capital and Performance AnalysisHuman Resource and Talent Management

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Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?

Priem, Richard L., Butler, John E.·2001·Academy of Management Review
DOI 10.5465/amr.2001.4011928
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Abstract

As a potential theory, the elemental resource-based view (RBV) is not currently a theoretical structure. Moreover, RBV proponents have assumed stability in product markets and eschewed determining resources' values. As a perspective for strategic management, imprecise definitions hinder prescription and static approaches relegate causality to a “black box.” We outline conceptual challenges for improving this situation, including rigorously formalizing the RBV, answering the causal “how” questions, incorporating the temporal component, and integrating the RBV with demand heterogeneity models.

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Metadata

Authors
Priem, R. L., & Butler, J. E.
Affiliations
  • The University of Texas at Arlington (US)
  • Hong Kong Polytechnic University (HK)
ORCID
Priem, Richard L.
Venue
Academy of Management Review
Publisher
Academy of Management
Published
2001-01
Volume
26
Issue
1
Pages
22-40
ISSN
  • 0363-7425 (ISSN-L)
  • 1930-3807
DOI
10.5465/amr.2001.4011928
OpenAlex
W2043189549
Cited by
4,461
References
8
Citations by year
2026: 83 · 2025: 102 · 2024: 130 · 2023: 136 · 2022: 131 · 2021: 228 · 2020: 179 · 2019: 173 · 2018: 237 · 2017: 216 · 2016: 239 · 2015: 243 · 2014: 263 · 2013: 280 · 2012: 265
FWCI
306.78
Type
journal article
Language
en
Open access
closed
Locations
  • Academy of Management Review (publishedVersion)
  • PolyU Institutional Research Archive (Hong Kong Polytechnic University) (submittedVersion)
  • IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli) (submittedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Intellectual Capital and Performance Analysis
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Human Resource and Talent Management
Keywords
resource-based view, strategic management theory, resource heterogeneity, resource value, causal mechanisms, temporal dynamics, demand heterogeneity, formalization of theories, competitive advantage

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