Organizations and Markets

What Do Resource- and Capability-Based Theories Propose?

21 June 2011 at 3:38 pm Peter G. Klein Leave a comment

| Peter Klein |

Check out Michael Leiblein’s Guest Editorial in the new Journal of Management:

What Do Resource- and Capability-Based Theories Propose?
Michael J. Leiblein
The Ohio State University

The purpose of this editorial is to review the basic definitions, assumptions, and propositions offered by the resource-based, strategic factor market, and dynamic capability literature streams. Considering the underlying definitions and assumptions associated with these approaches leads directly to a set of refutable propositions that highlight the distinct insights offered by each of these literatures. It is hoped that accentuating these distinctions may stimulate dialogue regarding the underlying causal mechanisms associated with these approaches and foster future empirical work testing these related perspectives.

A very useful reference, both for specialists and those new to the RBV and capabilities approaches. Highly recommended! (And not just because the author’s name ends in “-lein.”)

Entry filed under: - Klein -, Recommended Reading, Strategic Management, Theory of the Firm.