Artikel

The next step in the evolution of the RBV: Integration with transaction cost economics

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.

Language
Englisch

Bibliographic citation
Journal: Management Revue ; ISSN: 1861-9916 ; Volume: 15 ; Year: 2004 ; Issue: 1 ; Pages: 107-121 ; Mering: Rainer Hampp Verlag

Classification
Management
Subject
the resource-based view
transaction cost economics
sustained competitive advantage
Ressourcenorientierter Ansatz
Transaktionskosten

Event
Geistige Schöpfung
(who)
Foss, Kirsten
Foss, Nicolai J.
Event
Veröffentlichung
(who)
Rainer Hampp Verlag
(where)
Mering
(when)
2004

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Foss, Kirsten
  • Foss, Nicolai J.
  • Rainer Hampp Verlag

Time of origin

  • 2004

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