▷ Resource-Based-View: Definition, Erklärung & Beispiele (2024)

FAQs

What is the resource-based view? ›

The resource-based view (RBV), often referred to as the "resource-based view of the firm", is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage.

The RBV attempts to reach sustained competitive advantage by choosing and developing resources that are valuable, rare, costly to imitate, and exploitable by the organization.

The resource-based view (RBV) emphasizes the firm's resources as the fundamental determinants of competitive advantage and performance.

In other words, the resource based-view states that the principal determinants of a business' performance and its strategy are its internal resources. Not all of the firm's resources have the potential to create a sustainable competitive advantage.

The competition between Apple Inc. and Samsung Electronics is a good example of RBV of strategy. The two companies operate in the same industry and face the same external market forces. However, the companies achieve different organizational performance due to the difference in resources.

Resources view is similar to Workload charts because it provides you with an overview of users' effort allocation. But unlike Workload charts, Resources view focuses on projects instead of users.

The key to using the Resource Based View is to evaluate a firm's resources and capabilities using the VRIO framework decision tree. Note that the decision tree is used to assess resources and capabilities, NOT a firm's products, services, or the firm itself.

Benefits of taking a resource based view. You will get to understand the real drivers of performance in your business. You should be able to identify and protect important resources and capabilities. You will be able to focus of sustainable performance improvement through the development of resources and capabilities.

Resource-based theory suggests that resources that are valuable, rare, difficult to imitate, and nonsubstitutable best position a firm for long-term success.

What are the assumptions of resource-based view? ›

The assumptions of Resource-Based View (RBV) Theory are resource immobility and resource heterogeneity, emphasizing the uniqueness and inimitability of resources for gaining sustainable competitive advantage.

Whereas the market-based view of strategy concentrates on the opportunities and threats of the external environment, the resource-based view of strategy concentrates on the strengths and weaknesses of the internal resource and capability endowment.

The resource-based view (RBV), also known as resource-based theory is a strategy which emphasises the significance of organizational resources and capabilities as the key to gaining competitive advandage and performance.

It emphasizes the importance of a firm's unique resources and capabilities in creating a competitive edge and adding value to the organization .

Institutional theory draws attention to the antecedents of firm behavior, whereas the resource-based theorists highlight its outcomes. Social conformity, as institutional theorists suggest, may be an antecedent of firm behavior due to the pressures of social acceptance and recognition (DiMaggio & Powell, 1983).

The resource-based model is a theory that suggests that a company's resources and capabilities can give it a competitive advantage. The three main key terms of the resource-based theory are tangible resources, intangible resources, and capabilities.

The resource-based view emphasize the role and management of valuable, rare, inimitable, and non-substitutable resources as sources of market imperfections and thus able to create competitive advantage. The knowledge-based view focuses on the role of intangible knowledge assets as a main source of superior performance.