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
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Englisch
- Bibliographic citation
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Journal: Management Revue ; ISSN: 1861-9916 ; Volume: 15 ; Year: 2004 ; Issue: 1 ; Pages: 107-121 ; Mering: Rainer Hampp Verlag
- Classification
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Management
- Subject
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the resource-based view
transaction cost economics
sustained competitive advantage
Ressourcenorientierter Ansatz
Transaktionskosten
- Event
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Geistige Schöpfung
- (who)
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Foss, Kirsten
Foss, Nicolai J.
- Event
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Veröffentlichung
- (who)
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Rainer Hampp Verlag
- (where)
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Mering
- (when)
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2004
- Handle
- Last update
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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