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A holistic approach to acquisition of strategic resources
Mälardalen University, School of Business. University of Skövde, Skövde, Sweden.
2007 (English)In: Journal of European Industrial Training, ISSN 0309-0590, Vol. 31, no 8, p. 660-677Article in journal (Refereed) Published
Abstract [en]

Purpose - The aim of this article is to provide a holistic framework for the acquisition of strategic resources. Design/methodology/approach - The literature dealing with resource creation is reviewed and analyzed from a resource-based point of view. The major methods of acquiring resourcesare identified through the literature review and the applicability of the framework proposed is illustrated with an empirical example. Findings - Three ways of acquiring strategic resources are identified - direct investments, organizational processes, and product market positioning. All three ways of acquisition can be intentional or unintentional. Arguments for using this six-dimension scale are provided through deductive reasoning, literature review, and the empirical example. Research implications/limitations - The study identifies the six dimensions of strategic resource acquisition. However, integration of these dimensions is not a subject addressed in this study. Cluster analysis of companies according to these dimensions could enhance our understanding of the characteristics of companies regarding resource acquisition. Originality/value - Whereas previous studies have generally used a single-theory approach, this study highlights the importance of having a holistic outlook when analyzing resource-based competitive advantages.

Place, publisher, year, edition, pages
2007. Vol. 31, no 8, p. 660-677
National Category
Business Administration Production Engineering, Human Work Science and Ergonomics
Identifiers
URN: urn:nbn:se:mdh:diva-3838DOI: 10.1108/03090590710833697Scopus ID: 2-s2.0-35148880343OAI: oai:DiVA.org:mdh-3838DiVA, id: diva2:116502
Available from: 2007-12-05 Created: 2007-12-05 Last updated: 2015-06-30Bibliographically approved

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CiteExportLink to record
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Cite
Citation style
  • apa
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  • Other style
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  • de-DE
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  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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Output format
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