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A Resources-based analysis of the conditions for the emergence of profits
The resource-based view (RBV) has been successful in explaining the sustainability of competitive advantages based on the characteristics of individual resources but less so for understanding firm profitability and the reasons why profits may emerge. This article investigates the three conditions for a set of resources to create collectively greater returns that they demand from the firm, thus resulting in above-normal profits for its shareholders. These conditions for profitability are (a) value uncertainty, (b) resources specificity, and (c) firm-level innovation. Rather than owners of inherently superior knowledge or resources with limited bargaining power as usually portrayed in the RBV, profitable firms are fundamentally better combiners and developers of resources in the face of uncertainty..Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Southern Management Association., |
|---|---|
| Edisi | - |
| Subjek | Innovation Uncertainty Profits resource Specificity |
| ISBN/ISSN | 1492063 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |