Resource‐Based View

Abstract

Abstract The resource‐based view is the perspective that emphasizes the key role played by resources in capabilities in the creation of competitive advantage. The general terminology or resources, skills, competences, and capabilities have been developed into a conceptually powerful language of core competences, strategic assets, and distinctive capabilities. There is a profusion of language to describe the central concept, which essentially is the underlying capability that is the distinguishing characteristic of the organization, and there is also a need to develop the concepts further to make them more operational and more measurable.

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