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A holistic approach to acquisition of strategic resources
Örebro University, Department of Business, Economics, Statistics and Informatics. (Dahméncentrum)
2007 (English)In: Journal of European Industrial Training, ISSN 0309-0590, E-ISSN 1758-7425, 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 resources are 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
Keyword [en]
Strategic resources, resource management, competitive advantage, human resource management
National Category
Business Administration
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:oru:diva-5921DOI: 10.1108/03090590710833697OAI: oai:DiVA.org:oru-5921DiVA, id: diva2:201535
Available from: 2009-03-04 Created: 2009-03-04 Last updated: 2017-12-13Bibliographically approved

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Andersén, Jim

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