A Theoretical Framework Contrasting the Resource-Based Perspective and the Knowledge-Based View

The purpose of this paper is to explore the relationship between the two most important perspectives of the firm, the RBV and the KBV, by examining the relative impact of firm-specific assets and knowledge capabilities on the firm’s competitive advantage. A composite model is proposed which elaborates upon both perspectives causal logic with respect to the conditions relevant for the firm success.

[1]  Steven E. Phelan,et al.  ARRIVING AT A STRATEGIC THEORY OF THE FIRM , 2000 .

[2]  Margaret A. Peteraf The cornerstones of competitive advantage: A resource‐based view , 1993 .

[3]  Michel Zitt,et al.  Reassessment of co-citation methods for science indicators: Effect of methods improving recall rates , 1996, Scientometrics.

[4]  M. Porter,et al.  HOW MUCH DOES INDUSTRY MATTER, REALLY? , 1997 .

[5]  R. Schmalensee Do Markets Differ Much , 1984 .

[6]  Kent D. Miller,et al.  Knowledge inventories and managerial myopia , 2000 .

[7]  Joseph T. Mahoney,et al.  The resource-based view within the conversation of strategic management , 1992 .

[8]  M. Porter,et al.  HOW MUCH DOES INDUSTRY MATTER , REALLY ? , 1997 .

[9]  野中 郁次郎,et al.  The knowledge-creating company , 2008 .

[10]  B. Wernerfelt,et al.  A Resource-Based View of the Firm , 1984 .

[11]  Thomas H. Davenport,et al.  Book review:Working knowledge: How organizations manage what they know. Thomas H. Davenport and Laurence Prusak. Harvard Business School Press, 1998. $29.95US. ISBN 0‐87584‐655‐6 , 1998 .

[12]  J. Barney Is the Resource-Based “View” a Useful Perspective for Strategic Management Research? Yes , 2001 .

[13]  Richard Makadok Toward a synthesis of the resource‐based and dynamic‐capability views of rent creation , 2001 .

[14]  Michael A. Hitt,et al.  Theory and research in strategic management: Swings of a pendulum , 1999 .

[15]  M. Crossan The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation , 1996 .

[16]  Richard L. Priem,et al.  Is the Resource-Based “View” a Useful Perspective for Strategic Management Research? , 2001 .

[17]  L. Treleaven,et al.  Loss of organizational knowledge , 2005 .

[18]  Yiannis E. Spanos,et al.  An examination into the causal logic of rent generation: contrasting Porter's competitive strategy framework and the resource-based perspective , 2001 .

[19]  Jeffrey H. Dyer Specialized supplier networks as a source of competitive advantage : Evidence from the auto industry , 1996 .

[20]  David J. Collis,et al.  Research Note: How Valuable are Organizational Capabilities? , 1994 .

[21]  R. Grant Toward a Knowledge-Based Theory of the Firm,” Strategic Management Journal (17), pp. , 1996 .

[22]  Anders Paarup Nielsen,et al.  Understanding dynamic capabilities through knowledge management , 2006, J. Knowl. Manag..

[23]  I. Nonaka A Dynamic Theory of Organizational Knowledge Creation , 1994 .

[24]  D. Leonard-Barton CORE CAPABILITIES AND CORE RIGIDITIES: A PARADOX IN MANAGING NEW PRODUCT DEVELOPMENT , 1992 .

[25]  R. Rumelt Towards a Strategic Theory of the Firm , 1984 .

[26]  H. Simon Bounded Rationality and Organizational Learning , 1991 .

[27]  Silviano Esteve‐Pérez,et al.  The Resource-Based Theory of the Firm , 2006 .

[28]  P. Schoemaker,et al.  Strategic assets and organizational rent , 1993 .

[29]  J. Barney The Resource-Based Theory of the Firm , 1996 .

[30]  K. R. Conner,et al.  A Resource-Based Theory of the Firm: Knowledge Versus Opportunism , 1996 .

[31]  Jay B. Barney,et al.  The Management of Organizations: Strategy, Structure, Behavior , 1991 .

[32]  B. Wernerfelt,et al.  DETERMINANTS OF FIRM PERFORMANCE: THE RELATIVE IMPORTANCE OF ECONOMIC AND ORGANIZATIONAL FACTORS , 1989 .

[33]  J. Barney,et al.  Competitive Organizational Behavior: Toward an Organizationally‐Based Theory of Competitive Advantage , 1994 .

[34]  R. Grant,et al.  Environments: Organizational Capability as Knowledge Integration , 2022 .

[35]  J. Spender Making knowledge the basis of a dynamic theory of the firm , 1996 .

[36]  Dorothy E. Leidner,et al.  Review: Knowledge Management and Knowledge Management Systems: Conceptual Foundations and Research Issues , 2001, MIS Q..

[37]  D. Teece,et al.  DYNAMIC CAPABILITIES AND STRATEGIC MANAGEMENT , 1997 .

[38]  I. Nonaka The knowledge creating company". Harvard Business Review : . , 1991 .

[39]  B. Kogut,et al.  Knowledge and the Speed of the Transfer and Imitation of Organizational Capabilities: An Empirical Test , 1995 .

[40]  Simon Croom,et al.  The development of strategic capabilities ‐ an interaction view , 1997 .

[41]  Roger Pooley,et al.  Industry Recipes: The Nature and Sources of Managerial Judgement , 1989 .

[42]  Nilmini Wickramasinghe,et al.  Knowledge Management Primer , 2009 .

[43]  Alfredo J. Mauri,et al.  Firm and industry effects within strategic management: an empirical examination , 1998 .

[44]  J. Barney Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view , 2001 .

[45]  R. Rumelt How much does industry matter , 1991 .

[46]  Ronald Rousseau,et al.  Requirements for a cocitation similarity measure, with special reference to Pearson's correlation coefficient , 2003, J. Assoc. Inf. Sci. Technol..

[47]  Francisco J. Acedo,et al.  The resource based theory: dissemination and main trends , 2006 .

[48]  Kostas S. Metaxiotis,et al.  Exploring the world of knowledge management: agreements and disagreements in the academic/practitioner community , 2005, J. Knowl. Manag..

[49]  David C. Mowery,et al.  Measuring Dynamic Capabilities: Practices and Performance in Semiconductor Manufacturing , 2009 .

[50]  RousseauRonald,et al.  Requirements for a cocitation similarity measure, with special reference to Pearson's correlation coefficient , 2003 .

[51]  G. Huber Organizational Learning: The Contributing Processes and the Literatures , 1991 .

[52]  B. Kogut,et al.  Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology , 1992 .

[53]  Annette L. Ranft,et al.  Acquiring New Technologies and Capabilities: A Grounded Model of Acquisition Implementation , 2002, Organ. Sci..

[54]  J. Barney Firm Resources and Sustained Competitive Advantage , 1991 .

[55]  Jonathan D. Pemberton,et al.  Organisational learning and knowledge assets – an essential partnership , 2000 .

[56]  J.-C. Spender,et al.  Limits to learning from the west: How western management advice may prove limited in Eastern Europe , 1992 .

[57]  O. Williamson,et al.  STRATEGY RESEARCH: GOVERNANCE AND COMPETENCE PERSPECTIVES , 1999 .

[58]  Subba Narasimha,et al.  ORGANIZATIONAL KNOWLEDGE, HUMAN RESOURCE MANAGEMENT, AND SUSTAINED COMPETITIVE ADVANTAGE: TOWARD A FRAMEWORK , 2000 .

[59]  Kent D. Miller Knowledge inventories and managerial myopia , 2002 .

[60]  野中 郁次郎,et al.  The Knowledge-Creating Company: How , 1995 .

[61]  ZolloMaurizio,et al.  Deliberate Learning and the Evolution of Dynamic Capabilities , 2002 .

[62]  Elayne W. Coakes,et al.  Knowledge Management: A Primer , 2004, Commun. Assoc. Inf. Syst..

[63]  P. Curtis,et al.  Equity fund raising and “creative” accounting practices : indications from Athens stock exchange for the 1999-2000 period , 2005 .

[64]  R. T. Beaty,et al.  The competitive challenge , 1993 .

[65]  J. Barney Strategic Factor Markets: Expectations, Luck, and Business Strategy , 1986 .

[66]  David J. Teece,et al.  Economic Analysis and Strategic Management , 1984 .

[67]  Peter J. Sher,et al.  Information Technology as a Facilitator of Enhancing Dynamic Capability through Knowledge Management , 2020 .

[68]  H. Demsetz,et al.  Production, Information Costs, and Economic Organization , 1975, IEEE Engineering Management Review.

[69]  Maurizio Zollo,et al.  Deliberate Learning and the Evolution of Dynamic Capabilities , 2002 .

[70]  Joseph T. Mahoney,et al.  A resource-based theory of sustainable rents , 2001 .

[71]  I. Nonaka,et al.  How Japanese Companies Create the Dynamics of Innovation , 1995 .

[72]  Stephen Hill,et al.  The theory of the growth of the firm , 1981 .

[73]  Kun Chang Lee,et al.  KMPI: measuring knowledge management performance , 2005, Inf. Manag..