Towards Parsimony in Terminology used in the Value Creating Process for Sources of Sustainable Competitive Advantage: The Activity-Resource-Based View (ARBV) Perspective
Keywords:
parsimony in terminology, actual value creation process, resources, capabilities, competencies, activity-resouce-based view, sustainable competitive a
Abstract
This paper promotes the need for parsimony in terminology used in the actual value creating process for sources of sustainable competitive advantage by advocating for the need to have universally accepted definitions of the terms resources, capabilities and competencies. This urgent need for an explicit distinction of terminology is supported by recent literature. Specifically, this paper also advocates for the activity-resource-based view (ARBV), derived by integrating the activity and resource-based views, to be one of the main frameworks for analysing the actual value creation process for firms in the services industry. The paper also contributes to the bridging of the gap in strategic management literature and offers guidance for future research by urging scholars and researchers to embrace the empirical integration of the activity and resource-based views.
Downloads
- Article PDF
- TEI XML Kaleidoscope (download in zip)* (Beta by AI)
- Lens* NISO JATS XML (Beta by AI)
- HTML Kaleidoscope* (Beta by AI)
- DBK XML Kaleidoscope (download in zip)* (Beta by AI)
- LaTeX pdf Kaleidoscope* (Beta by AI)
- EPUB Kaleidoscope* (Beta by AI)
- MD Kaleidoscope* (Beta by AI)
- FO Kaleidoscope* (Beta by AI)
- BIB Kaleidoscope* (Beta by AI)
- LaTeX Kaleidoscope* (Beta by AI)
How to Cite
References
Craig Armstrong, Katsuhiko Shimizu (2007) A Review of Approaches to Empirical Research on the Resource-Based View of the Firm†. 33(6), 959-986. https://doi.org/10.1177/0149206307307645
Jay Barney (1986) Strategic Factor Markets: Expectations, Luck, and Business Strategy. 32(10), 1231-1241. https://doi.org/10.1287/mnsc.32.10.1231
Jay Barney (2001) Is the Resource-Based "View" a Useful Perspective for Strategic Management Research? Yes. 26(1), 41-56. https://doi.org/10.5465/amr.2001.4011938
Barney JB, Arikan AM (2001) The resource-based view: Origins and implications.
Jay Barney, Mike Wright, David Ketchen (2001) The resource-based view of the firm: Ten years after 1991. 27(6), 625-641. https://doi.org/10.1177/014920630102700601
J. Creswell (2013) Qualitative inquiry and research design: Choosing among five approaches (3rd ed).
Jerker Denrell, Christina Fang, Sidney Winter (2003) The economics of strategic opportunity. 24(10), 977-990. https://doi.org/10.1002/smj.341
N. Denzin, Lincoln, Y. (Eds.) (2011) The SAGE handbook of qualitative research (4th ed.).
M. Easterby-Smith, R. Thorpe, P. Jackson (2009) Management Research.
Kathleen Eisenhardt (1989) Building Theories from Case Study Research. 14(4), 532. https://doi.org/10.2307/258557
Kathleen Eisenhardt, Melissa Graebner (2007) Theory Building From Cases: Opportunities And Challenges. 50(1), 25-32. https://doi.org/10.5465/amj.2007.24160888
John Fahy (2000) The resource‐based view of the firm: some stumbling‐blocks on the road to understanding sustainable competitive advantage. 24(2/3/4), 94-104. https://doi.org/10.1108/03090590010321061
J. Fahy (2002) A resource-based analysis of sustainable competitive advantage in a global environment. 11, 57-78.
Nicolai Foss, Thorbjørn Knudsen (2003) The resource‐based tangle: towards a sustainable explanation of competitive advantage. 24(4), 291-307. https://doi.org/10.1002/mde.1122
H. Gaya, M. Struwig, E. Smith (2013) Creating a sustainable competitive advantage at a high performing firm in Kenya. 7(21).
H. Gaya, E. Smith (2016) Developing a qualitative single case study in the strategic management realm: An appropriate research design?. 7(2), 529-538.
H. Gaya, M. Struwig (2016) Is activity-resourcebased-view (ARBV) the new theory of the firm for creating sources of sustainable competitive advantage in services firms?. 16(5), 32-45.
P. Ghemawat (2008) Strategy and the Business Landscape, (3rd ed.).
Michael Gibbert, Winfried Ruigrok, Barbara Wicki (2008) What passes as a rigorous case study?. 29(13), 1465-1474. https://doi.org/10.1002/smj.722
Grant RM (2010) Contemporary strategy analysis.
A. Haberberg, A. Rieple (2008) Strategic management: Theory and application.
Cwl Hill, G. Jones (2009) Strategic management: An integrated approach.
M. Hitt, R. Ireland, R. Hoskisson (2007) Strategic management: competitiveness and globalization.
David Hoopes, Tammy Madsen, Gordon Walker (2003) Guest editors' introduction to the special issue: Why is there a resource-based view? Toward a theory of competitive heterogeneity. 24(10), 889-902. https://doi.org/10.1002/smj.356
N. Hyett, A. Kenny, V. Dickson-Swift (2014) Hyett, N., Kenny, A. Dickson-Swift, V. 2014. 9, 23606.
Jeroen Kraaijenbrink, J-C Spender, Aard Groen (2010) The Resource-Based View: A Review and Assessment of Its Critiques. 36(1), 349-372. https://doi.org/10.1177/0149206309350775
Andy Lockett, Steve Thompson, Uta Morgenstern (2009) The development of the resource‐based view of the firm: A critical appraisal. 11(1), 9-28. https://doi.org/10.1111/j.1468-2370.2008.00252.x
Merriam SB (1998) Qualitative research and case study applications in education.
S. Merriam (2009) Qualitative research: A guide to design and implementation (3rd ed).
Scott Newbert (2007) Empirical research on the resource‐based view of the firm: an assessment and suggestions for future research. 28(2), 121-146. https://doi.org/10.1002/smj.573
J. Pearce, R. Robinson (2011) Strategic management: formulation, implementation and control of competitive strategy.
Margaret Peteraf, Jay Barney (2003) Unraveling the resource‐based tangle. 24(4), 309-323. https://doi.org/10.1002/mde.1126
Margaret Peteraf, Mark Bergen (2003) Scanning dynamic competitive landscapes: a market‐based and resource‐based framework. 24(10), 1027-1041. https://doi.org/10.1002/smj.325
Michael Porter (1991) Towards a dynamic theory of strategy. 12(S2), 95-117. https://doi.org/10.1002/smj.4250121008
M. Porter (2004) Competitive advantage: Creating and sustaining superior performance.
M. Porter (2008) The five competitive forces that shape strategy. 78-93.
Richard Priem, John Butler (2001) Is the Resource-Based "View" a Useful Perspective for Strategic Management Research?. 26(1), 22-40. https://doi.org/10.5465/amr.2001.4011928
R. Priem (2007) A Consumer Perspective on Value Creation. 32(1), 210-235.
Gautam Ray, Jay Barney, Waleed Muhanna (2004) Capabilities, business processes, and competitive advantage: choosing the dependent variable in empirical tests of the resource‐based view. 25(1), 23-37. https://doi.org/10.1002/smj.366
Michael Rouse, Urs Daellenbach (2002) More thinking on research methods for the resource‐based perspective. 23(10), 963-967. https://doi.org/10.1002/smj.256
Richard Rumelt (1984) Towards a strategic theory of the firm.
Richard Rumelt (1991) How much does industry matter?. 12(3), 167-185. https://doi.org/10.1002/smj.4250120302
Ron Sanchez (2008) A scientific critique of the resource-base view (RBV) in strategy theory, with competence-based remedies for the RBV's conceptual deficiencies and logic problems. 3-78.
T. Scandura, E. Williams (2000) RESEARCH METHODOLOGY IN MANAGEMENT: CURRENT PRACTICES, TRENDS, AND IMPLICATIONS FOR FUTURE RESEARCH. 43(6), 1248-1264. https://doi.org/10.2307/1556348
Sheehan NT, Foss NJ (2007) Enhancing the prescriptiveness of the resource-based view through Porterian activity analysis. 45(3), 450-61.
Norman Sheehan, Nicolai Foss (2009) Exploring the roots of Porter's activity‐based view. 2(3), 240-260. https://doi.org/10.1108/17554250910982480
David Sirmon, Michael Hitt, R. Ireland (2007) Managing Firm Resources in Dynamic Environments to Create Value: Looking Inside the Black Box. 32(1), 273-292. https://doi.org/10.5465/amr.2007.23466005
Nicolaj Siggelkow (2007) Persuasion With Case Studies. 50(1), 20-24. https://doi.org/10.5465/amj.2007.24160882
Yiannis Spanos, Spyros Lioukas (2001) An examination into the causal logic of rent generation: contrasting Porter's competitive strategy framework and the resource‐based perspective. 22(10), 907-934. https://doi.org/10.1002/smj.174
R. Stake (1995) The art of case study research.
R. Stake (2000) The case study method in social inquiry. In R. Gomm, M. Hammersley, and P. Foster (Eds). Case study method: key issues, key texts. London: Sage. (Original work published 1978. 7, 5.
R. Stake (2005) Qualitative case studies.
A. Thompson, M. Peteraf, J. Gamble, A. Strickland (2012) Crafting and Executing Strategy: Concepts and Cases.
Birger Wernerfelt (1984) A Resource-Based View of the Firm. 5(2), 171-180. https://doi.org/10.1002/smj.4250050207
B. Wernerfelt (1995) The resource‐based view of the firm: Ten years after. 16, 171-174.
R. Yin (2002) Case study research: Design and methods.
R. Yin (2009) Case study research: Design and methods (4th ed).
R. Yin (2012) Applications of case study research (3rd ed).
Angelina Zubac, Graham Hubbard, Lester Johnson (2010) The RBV and value creation: a managerial perspective. 22(5), 515-538. https://doi.org/10.1108/09555341011068921
Published
2016-06-27
Issue
Section
License
Copyright (c) 2016 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.