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What is Resource Dependence Theory

Handbook of Research on Contemporary Approaches in Management and Organizational Strategy
This theory explains how organizations are dependent on other organizations in their environment for obtaining necessary resources.
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.
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More Results
Gulf Business Environment for the Arabic Family Firms: Evidence From Oman During the COVID-19 Pandemic
This theory assumes that an organisation, including family business, engages in business transactions with stakeholders (e.g. suppliers) and institutes in its business environment to acquire useful resources. So resource acquisition impacts organisational behaviour.
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