2013
DOI: 10.22158/jbtp.v1n1p109
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Path Dependence, VRIN Resource Endowments, and Managers: Towards an Integration of Resource-Based Theory and Upper Echelons Theory

Abstract: Path dependencies associated with the firm's evolving resource endowments lead to redundancies, which makes it sub-optimal to attain sustainable competitive advantage based on these resource bundles. In this context, managers can play a proactive role by ensuring that resource endowments continue to remain beneficial for their organizations. By suggesting such a linkage and the enabling role of managers, I provide a way to integrate core arguments of two of the foremost organizational theories in vogue: resour… Show more

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Cited by 4 publications
(3 citation statements)
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“…Ciravegna et al (2018) delve into the multiple configurations of resources that might foster early internationalization and uncover three, though their focus remains on the early internationalization phase. We predict that resources' complementarity may persist across phases, as resource bundles (Dutta 2013).…”
Section: Discussionmentioning
confidence: 96%
“…Ciravegna et al (2018) delve into the multiple configurations of resources that might foster early internationalization and uncover three, though their focus remains on the early internationalization phase. We predict that resources' complementarity may persist across phases, as resource bundles (Dutta 2013).…”
Section: Discussionmentioning
confidence: 96%
“…How quickly and how effectively managers are able to respond to the forces of change in their business environment determines the success or failure of the enterprise. One of the most relevant theories to this context is resourcebased theory, which suggests that businesses who have a diverse range of resources at their disposal are more likely to be successful (Dutta, 2013). This is because they are able to adapt and respond to changes in the environment more effectively.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Theoretical background could be traced back to the Upper Echelon Theory (Hambrick and Mason, 1984) which suggests that a company/firm is a reflection of its managers which have a dominant influence on the firm's strategy and outcomes. By drawing upon their knowledge, experience and values, managers act based on their personalized interpretation and judgment of the strategic situations they face (Hambrick, 2007in: Dutta, 2009.…”
Section: Introductionmentioning
confidence: 99%