Parent Category: Article
What Makes a Resource Valuable? Identifying the Drivers of Firm-Idiosyncratic Resource Value.
|Title||What Makes a Resource Valuable? Identifying the Drivers of Firm-Idiosyncratic Resource Value. ||Author(S)||Jens Schmidt (Author) |
|Abstract|| We fill a gap in the resource-based literature by identifying conditions and mechanisms that make a resource valuable to a firm ex ante—that is, before a decision on acquiring or building it is made. These conditions are (1) the firm's ex ante market position; (2) its ex ante resource base, which allows for complementarities; (3) its position in interorganizational networks, which gives it access to privileged information; and (4) the prior knowledge and experience of its managers, which allow superior judgment concerning the value-creating potential of the resource. ...||Pagination||p 206-228|
|Journal Title||The Academy of Management Review|| || |
|Permanent Links||click here|| || |