Renewing the resource‐based view: New contexts, new concepts, and new methods

Constance E. Helfat · Aseem Kaul · David J. Ketchen · Jay Bryan Barney · Olivier Chatain · Harbir Singh

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Innovation and Knowledge Management Human Resource and Talent Management Management and Organizational Studies

Abstract

Abstract The resource‐based view is an enduring and impactful mainstay of research within strategic management and beyond. This editors' introduction to the special issue on “new directions for the resource‐based view” accomplishes two main tasks. First, we describe the contributions offered by the seven articles contained in the special issue. Second, we explain the potential value to research of incorporating into resource‐based inquiry new contexts (artificial intelligence and digitization, distributed organizations, and stakeholders and sustainability); new concepts (resource redeployment, market shaping through resources and capabilities); and new methods (text analysis and machine learning, formal models, policy capturing). The overall aim of this introduction is to help invigorate the resource‐based view by spotlighting a series of promising new directions.

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References

1991Firm Resources and Sustained Competitive Advantage 1997Dynamic capabilities and strategic management 1984A resource‐based view of the firm 1991Exploration and Exploitation in Organizational Learning 1990Governing the Commons 2007Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance 1980Competitive Strategy: Techniques for Analyzing Industries and Competitors 1996Toward a knowledge‐based theory of the firm

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