This study examines one aspect of Resource-Based View that is sometimes disregarded (RBV). Given the notion that resource supremacy influences competition outcomes, firms should be able to sustain a competitive advantage by preventing other rivals from producing value with their resources. The aggressive architecture of RBV defines how to maintain such a dominant position over other market competitors. Several theoretical hypotheses, including micro-foundation of resources, have been proposed regarding this issue. To begin with, firms obstruct rivals' ability to attract and retain personnel. Furthermore, the value of rivals' resources is reduced by firms' inventions. Finally, companies employ their resources to keep competitors from profiting, giving them an edge. The implications for academia and industry are discussed, as well as potential future research directions. Future research should concentrate on how companies might maintain relative dominance in socially acceptable ways.
Author(S) Details
Seung Hoon Jang
Bloomsburg University of Pennsylvania, 337 Sutliff Hall, Zeigler College of Business, East 2nd Street, Bloomsburg, PA, USA.
View Book:- https://stm.bookpi.org/NIEBM-V8/article/view/6733
No comments:
Post a Comment