The Role of Resource-based Theory in Strategic Management Studies: Managerial Implications and Hints for Research

Barney, Jay B.; Corte, Valentina Della; Sciarelli, Mauro; Arikan, Asil

doi:10.4337/9780857938688.00013

Cited by 37 publications

(70 citation statements)

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“…The 25‐year stream of studies by Barney and colleagues is used as the reference point for RBV, recently summarised in Barney and Clark () and Barney et al . ().…”

Section: Overview Of Key Rbv Concepts: Sfm and Vrinomentioning

confidence: 99%

“…Illustratively, Barney et al . () state, ‘A firm attribute, whether tangible or intangible, is valuable when it enables a firm to develop and implement a strategy that someway generates value ’ (p. 122, emphasis added).…”

Section: The Value Concept In Rbv–strategic Hrmmentioning

confidence: 99%

“…Barney et al . () state, ‘strategy is a firm's theory of how it can gain superior performance…it represents a prediction ’ (p. 113, emphasis added). Recall that in the RBV superior performance is defined as one firm having a higher V than another.…”

Section: The Value Concept In Rbv–strategic Hrmmentioning

confidence: 99%

“…Proponents of the RBV may still argue that in the final analysis the source of the value increase comes not from the external product market (higher P) but the unique contribution of firm‐specific human resources, such as superior design and engineering talent (Barney et al ., ). While logically correct, this assertion is also tautological and leads to an infinite regress problem, since all value creation ultimately originates in human beings (Lado et al ., ).…”

Section: Neglect Of Marginal Decision Rulesmentioning

confidence: 99%

“…Barney insulates RBV in several ways. First, he notes (Barney et al ., : 137) that prescription is difficult with the RBV precisely because SFM logic implies strategy scholars cannot use models to identify rules for riches. Second, to the degree RBV is prescriptive, the purpose is to increase efficiency by finding ways to create extra value from a given stock of resources.…”

Section: Rbv–strategic Hrm: Consequences Of Rent‐capturementioning

confidence: 99%

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TheRBVtheory foundation of strategicHRM: critical flaws, problems for research and practice, and an alternative economics paradigm

Kaufman

2015

Human Res Mgmt Journal

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The resource-based view (RBV) of the firm is a guiding paradigm for strategic HRM research. This article explores the RBV-strategic HRM intersection, identifies and critiques RBV weaknesses and problem areas, develops new implications for RBV-strategic HRM theory and empirical work, and develops an alternative economics-based decision model for making HRM choices. The article focuses on four RBV-strategic HRM dimensions: HRM performance and the 'no rules for riches' proposition; alternative definitions of value and competitive advantage and implications for strategic HRM's dependent variable; neglect of marginal decision rules and consequent misprediction of optimal HRM adoption; and the impact on employee relations of RBV-guided rent-capture practices. Numerous implications for theory and practice are developed; also suggested is a new paradigm approach for strategic HRM theory.

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“…The 25‐year stream of studies by Barney and colleagues is used as the reference point for RBV, recently summarised in Barney and Clark () and Barney et al . ().…”

Section: Overview Of Key Rbv Concepts: Sfm and Vrinomentioning

confidence: 99%

Section: The Value Concept In Rbv–strategic Hrmmentioning

confidence: 99%

Section: The Value Concept In Rbv–strategic Hrmmentioning

confidence: 99%

Section: Neglect Of Marginal Decision Rulesmentioning

confidence: 99%

Section: Rbv–strategic Hrm: Consequences Of Rent‐capturementioning

confidence: 99%

See 3 more Smart Citations

TheRBVtheory foundation of strategicHRM: critical flaws, problems for research and practice, and an alternative economics paradigm

Kaufman

2015

Human Res Mgmt Journal

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Evolution of Strategic HRM as Seen Through Two Founding Books: A 30th Anniversary Perspective on Development of the Field

Kaufman

2015

Human Resource Management

124

108

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Two pioneering books published in 1984 arguably launched the field of strategic human resource management (SHRM). The first is Strategic Human Resource Management by Fombrun, Tichy, and Devanna; the second is Managing Human Assets by Beer, Spector, Lawrence, Mills, and Walton. This article provides a 30th anniversary review of the two books, partly to honor their pioneering contributions but also to use them as a lens for examining how the field has subsequently evolved and developed. Two recently published SHRM books are used as a benchmark for this analysis. The review identifies areas of SHRM constancy and change, major theoretical and empirical innovations, and newly developed research questions and directions, largely in an American context. Diagrammatic models of SHRM are synthesized and compared from the four books; also, nine specific dimensions of evolution in the field are highlighted with discussion of advances and shortcomings. © 2015 Wiley Periodicals, Inc.

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Strategic governance in tourist destinations

Corte

Aria

Gaudio

2018

Journal of Tourism Research

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This paper has a double challenge: (a) focusing on distrustful situations in interfirm collaboration;(b) clarifying the concept and role of destination governance, with specific attention to the situations of distrust or difficult processes of trust building between potential or actual partners.These objectives are verified in an empirical setting.It has been conducted a statistical survey on tourism firms operating in Italy, and through a dependent analysis, we have verified a very low real approach towards the idea of a governing pivotal actor in these well developed tourist areas. The current study has verified whether and to what extent distrust persists and if the diffusion of trust depends on the presence of leading actors also comparing the 2 areas.

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The Role of Resource-based Theory in Strategic Management Studies: Managerial Implications and Hints for Research

Cited by 37 publications

References 0 publications

TheRBVtheory foundation of strategicHRM: critical flaws, problems for research and practice, and an alternative economics paradigm

TheRBVtheory foundation of strategicHRM: critical flaws, problems for research and practice, and an alternative economics paradigm

Evolution of Strategic HRM as Seen Through Two Founding Books: A 30th Anniversary Perspective on Development of the Field

Strategic governance in tourist destinations

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