Resource based theory in operations management research

Michael A. Hitt · Kai Xu · Christina Matz Carnes

545 citations0/0 files storedJournal of Operations Management

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Innovation and Knowledge Management Management and Optimization Techniques Quality and Supply Management

Abstract

Abstract Resource based theory (RBT) has become increasingly popular in operations management research. The development and current application of RBT to the study and understanding of operations management problems and phenomena are reviewed and articles in the recent six plus years across nine journals are evaluated. Based on this review and evaluation, we identify several issues in the overall research and highlight some exemplary research themes in the use of RBT in operations management. Our research suggests that further application of RBT can add richness in operations management research, and has the potential to produce multiple contributions for this field and adjacent fields.

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References

1991Firm Resources and Sustained Competitive Advantage 2004Firm resources and sustained competitive advantage 1997Dynamic capabilities and strategic management 1984A resource‐based view of the firm 1983An Evolutionary Theory of Economic Change.1995The Theory of the Growth of the Firm 1993Strategic assets and organizational rent 1989Asset Stock Accumulation and Sustainability of Competitive Advantage

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