Strategic Alliances

Strategic Alliances Although some theorists suggest that the resource-based view could be a new theory of the firm, it is still part of a maturation paradigm in strategy research (Amit & Schoemaker, 1993; Barney, 1991; Conner, 1991; Conner & Prahalad, 1996; Grant, 1996; Mahoney & Pandian, 1992; Mehra, 1996; Miller & Shamsie, 1996; Roth, 1995). The benefit and richness of the paradigm need to be demonstrated in a variety of strategy areas. Indeed, researchers are still in the phase of accumulating applications of the resource-based view.

For example, Peteraf (1993) shows that sustainable differences in fi rm profitability that cannot be attributed to industrial differences can be better explained by the resourcebased view. Our discretion of diversification strategy is also enhanced because the resource-based view potently argues for strategic relatedness within a conglomerate (Chatterjee & Wernerfelt, 1991). Harrison, Hitt, Hoskisson, and Ireland (1991) examined th...If you want to strain for a full essay, order it on our website: BestEssayCheap.com

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