Resource based theory

Alvarez, S. A. Barney, J. B. 2002. Resource-based theory and the entrepreneurial firm. In M. A. Hitt, R. D. Ireland, S. M. Camp, D. L. Sexton (eds.). Strategic Entrepreneurship. Oxford Blackwell. 

Coif, R W. (1997), "Human assets and management dilemmas Coping with hazards on the road to resource-based theory," Academy of Management Review, 22 (2), 374-402. Cohen, J. (2003), Applied multiple regression/correladon anal3rsis for the behavioral sciences. New Jersey Lawrence Erlbaum. 

Conner, K. R. (1991), "A historical comparison of resource-based theory and five schools of thought within industrial organization economics do we have a new theory of the firm ," Journal of Management, 17 (1), 121-54... 

Madhok, A., 2002. Reassessing the fundamentals and beyond Ronald Coase the transaction cost and resource-based theories of the firm and the institutional structure of production. Strategic Management Journal 23,... 

Barney JB (1991) Resource-based theories of competitive advantage a ten year retrospective on the resource-based view. J Manage 27 643-650... 

In the extant hteramre, different perspectives have been taken in explaining supply chain collaboration. Some researchers use technical-economic perspectives such as transaction cost theory (Williamson 1975 Malone et al. 1987 Barringer and Harrison 2000 Kaufman et al. 2000 Groom 2001 Nesheim 2001 Son et al. 2005) and resource based theory (Barney 1991 Knudsen 2003 Park et al. 2004 Verwaal and Hesselmans 2004 Saeed et al. 2005). They argue that supply chain... 

Tilman, D. 1976. Ecological competition between algae experimental confirmation of resource-based competition theory. Science 192 463-465. 

Different classification schemes often use different words which should, in theory, mean the same but there will always be some difference in the way in which the terms can be interpreted. It might even be wondered that if the words themselves leave much latitude in the manner of their interpretation, how the resource base can be determined with any precision. The terminology used here is that more commonly found although other systems do exist and should be treated with caution in the interpretation. 

Winter, S. (1995). Four R s of profitability Rents, resources, routines, and replication. In C. A. Montgomery (Ed.), Resource-based and evolutionary theories of the firm Towards a synthesis (pp. 147-178). Boston Kluwer Academic. 

Vanhaverbeke [21] argues that the open innovation business model should be based on integration of theoretical frameworks, like value chain analysis, transaction-costs theory, rational view of the firm, and the resource-based view (RBV). In addition, governance of iimovation networks, on internal, firm and external level, needs to be studied. Networks or supply chains that will eventually produce the product need to be designed also with appropriate governance (see also Sect. 2.4). 

Outsourcing has been an important issue for decades. It has been investigated from different perspectives due to its multi discipline nature. Three main streams of approaches are often discussed logistics strategy and SCM theory transaction cost theory and the Resource Based View. Table 2 summarizes the results of a literature survey on reasons/considerations for logistics outsourcing from these theoretical approaches. 

Our theoretical model offers a perspective on the relationship between retail management and franchisee outcomes. Agency theory (Bergen et al., 1992 Eisenhardt, 1989) and the resource-based view of the firm (Barney, 1991) are the focal theoretical perspectives. 

The theoretical literature on supply chain collaboration is diversified representing multiple perspectives. The diverse literature reflects the versatile nature of supply chain collaboration involving a variety of motives and objectives (Barringer and Harrison 2000 Hitt 2011 Verdecho et al. 2012 Fawcett et al. 2012). This study examines supply chain collaboration from multiple perspectives (1) technical-economic perspective, e.g. uncertainty reduction, transaction cost economics, resource based view, relational view, and extended resource based view (2) sociopolitical perspective, e.g. resource dependence theory, social exchange theory, and social dilemma theory (3) trust based rationalism and (4) learning and knowledge perspective. These multiple perspectives provide us with insights into the nature, forms, contents, and forces of supply chain collaboration. 

Collaborative culture is considered as another important antecedent variable with four subcomponents collectivism, long term orientation, power symmetry, and uncertainty avoidance. Collectivism and long term orientation are identified based on trust based rationalism. Power symmetry is viewed from resource dependence theory and social exchange theory. Uncertainty avoidance is evaluated based on transaction cost economics. 

Resource based view, relational view, extended resource based view, and social dilemma theories perceive collaborative advantage (i.e., joint competitive advantage) as the consequence of supply chain collaboration. 

Fourth, this research has provided a theoretical framework that identifies characteristics, antecedents, and consequences of lOS enabled supply chain collaboration. The conceptual model was built based on the review of a wide range of literature, incorporating appropriate features of interorganizational models from different perspectives (i.e., transaction cost economics, resource-based view, resource dependence theory, social exchange theory, trust-based rationalism, and knowledge perspective). By blending multiple theoretical perspectives, a full-round picture of supply chain collaboration has been painted. The framework has provided a foundation for future research. The framework can be used to study both collaboration formation and ongoing collaboration evaluation and maintenance to further enrich the collaboration theory. 

In this brief review we illustrated on selected examples how combinatorial computational chemistry based on first principles quantum theory has made tremendous impact on the development of a variety of new materials including catalysts, semiconductors, ceramics, polymers, functional materials, etc. Since the advent of modem computing resources, first principles calculations were employed to clarify the properties of homogeneous catalysts, bulk solids and surfaces, molecular, cluster or periodic models of active sites. Via dynamic mutual interplay between theory and advanced applications both areas profit and develop towards industrial innovations. Thus combinatorial chemistry and modem technology are inevitably intercoimected in the new era opened by entering 21 century and new millennium. 

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