Making sense of the resource-based view?
Tywoniak, Stephane (2009) Making sense of the resource-based view? In Madhani, Pankaj (Ed.) Resource Based View : Concepts and Practices. Icfai University Press, Hyderabad, India, pp. 23-48.
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The Resource Based View (RBV) of strategic management has been criticized for relying on inconsistent assumptions of rationality, and mutually inconsistent underlying hypotheses. In this paper, I outline how these critiques can be addressed by re-building RBV on a sense-making foundation. The core notions from sense-making of bounded cognition, retrospective sense-making, incrementalism, loose coupling, causal maps and organizational paradigm are introduced. These are then used to propose a re-construction of key RBV constructs, extending some conceptual discussions, and providing for a conceptually consistent formulation. Implications for the use of RBV as a theory and future research are discussed.
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|Item Type:||Book Chapter|
|Keywords:||Resource-based View, RBV, Stategic Management|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisation and Management Theory (150310)|
|Divisions:||Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
|Copyright Owner:||Copyright 2012 Icfai University Press|
|Deposited On:||27 Oct 2009 23:28|
|Last Modified:||09 Aug 2012 23:23|
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