The Next Step in the Evolution of the RBV: Integration with Transaction Cost Economics

Publikation: Working paperForskning

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Abstrakt

This essay addresses the role of transaction cost economics (TCE) in advancing the resource-based view. In particular, it is argued that TCE has the potential to remedy a number of weak spots in the RBV, such as the absence of attention in the RBV to the interaction between value creation and value appropriation. This and other weak spots in the RBV stem from not taking account of transaction costs to a sufficient extent. Integrating TCE with the RBV adds new insight into the analysis of sustained competitive advantage.
OriginalsprogEngelsk
UdgivelsesstedKøbenhavn
UdgiverThe Center for Knowledge Governance. Department of Management, Politics and Philosophy, Copenhagen Business School
Antal sider21
ISBN (Trykt)8791506190
StatusUdgivet - mar. 2004
NavnCKG Working Paper
Nummer4/2004

Emneord

  • Transaktionsomkostningsteori
  • Ressourcebaseret teori

Citationsformater