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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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Abstract

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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ID Code: 28245
Item Type: Book Chapter
Additional URLs:
Keywords: Resource-based View, RBV, Stategic Management
ISBN: 9788131424063
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: 28 Oct 2009 09:28
Last Modified: 10 Aug 2012 09:23

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