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What is Resource-Based Theory

Handbook of Research on Contemporary Approaches in Management and Organizational Strategy
This theory investigates the relationship between internal characteristics of a firm and its performance. It focuses on the reasons of performance differences among firms.
Published in Chapter:
The Impact of Technological, Governance, and Political Capabilities on Firms' Performances Under Economic Turbulence
Beste Altınçubuk (Ufuk University, Turkey)
DOI: 10.4018/978-1-5225-6301-3.ch017
Abstract
Although there have been various studies exploring the effects of capabilities on firms' performances, it is not clear whether particular capabilities would create more competitive advantage for firms under recessionary periods compared to expansionary periods. The main focus in this chapter is to examine the impacts of technological, governance, and political capabilities on firms' performances under recessionary and expansionary periods. The aim of this chapter is to explore these effects by drawing upon resource-based theory, transaction cost theory, and resource dependence theory.
Full Text Chapter Download: US $37.50 Add to Cart
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A New Entrepreneurship Model for Digital Enterprises: Career Entrepreneurship
A theory based on the idea that entrepreneurship ideas and practices are based on the use of existing resources and obtaining new resources.
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