2001
DOI: 10.1108/14691930110399950
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Salience of knowledge in a strategic theory of the firm

Abstract: Sustained competitive advantage has become problematic because of turbulent environments. Thus, a strategist’s theory of the firm ought to focus on a theory of sustained competitive advantage. Clarifies the concept of turbulent environment faced by modern organizations. Argues that knowledge serves as an important source of sustained competitive advantage in turbulent environments. Viewing organizations as knowledge stocks poses questions of how to design organizations for knowledge management. Constitutional … Show more

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Cited by 24 publications
(16 citation statements)
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“…Emerging as an extension of the RBV, the knowledge-based perspective defines firms as bodies that generate, integrate and distribute knowledge (McEvily, and Chakravarthy, 2002;Miller, 2002;Narasimha, 2000;and Narasimha, 2001) which is considered to be the key or strategic asset to hold the potential of sustainable CA (Grant, 1996a;and Lopez, 2005). It explains how firms leverage their KM resources to create unique KM capability to determine a firm's overall effectiveness (Gold, Malhotra, and Segars, 2001).…”
Section: Resource-based View Of Knowledge Managementmentioning
confidence: 99%
“…Emerging as an extension of the RBV, the knowledge-based perspective defines firms as bodies that generate, integrate and distribute knowledge (McEvily, and Chakravarthy, 2002;Miller, 2002;Narasimha, 2000;and Narasimha, 2001) which is considered to be the key or strategic asset to hold the potential of sustainable CA (Grant, 1996a;and Lopez, 2005). It explains how firms leverage their KM resources to create unique KM capability to determine a firm's overall effectiveness (Gold, Malhotra, and Segars, 2001).…”
Section: Resource-based View Of Knowledge Managementmentioning
confidence: 99%
“…Functional innovation capabilities play an important role in the execution of the day-to-day activities necessary for the development of the product (Narasimha, 2001; Innovation capabilities Croom, 2001;Cepeda and Vera, 2007). These are divided into upstream and downstream capabilities.…”
Section: Innovation Capabilitiesmentioning
confidence: 99%
“…The RBV of the firm examines the link between a firm's idiosyncratic attributes and performance (Barney, 1991) based on its internal strengths to take advantage of opportunities and counter threats in the market, aimed at creating sustainable CA through acquiring, utilising, and exploiting firm-specific resources (April, 2002;Riahi-Belkaoui, 2003) and, more importantly, integrating different resources to form strong organisational capabilities (Grant, 1996a;Verona, and Ravasi, 2003;and Zollo and Winter, 2002). Emerging as an extension of the RBV, the knowledge-based perspective defines firms as bodies that generate, integrate and distribute knowledge (McEvily, and Chakravarthy, 2002;Miller, 2002;Narasimha, 2000;and Narasimha, 2001) which is considered to be the key or strategic asset to hold the potential of sustainable CA (Grant, 1996a;and Lopez, 2005).…”
Section: Resource-based View Of Knowledge Managementmentioning
confidence: 99%