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Signed in but can't access contentOxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian. Institutional account managementFor librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more. Abstract What if rent from a competitive advantage is appropriated so it cannot be observed in performance measures? The resource-based view was not formulated to examine who will get the rent. Yet, this essay argues that the factors leading to a resource-based advantage also predict who will appropriate rent. Knowledge-based assets are promising because firm-specificity, social complexity, and causal ambiguity make them hard to imitate. However, the roles of internal stakeholders may grant them a great deal of bargaining power especially relative to investors. This essay integrates the resource-based view with the bargaining power literature by defining the firm as a nexus of contracts. This new lens can help to explain when rent will be generated and, simultaneously, who will appropriate it. In doing so, it provides a more robust theory of firm performance than the resource-based view alone. It is also suggested that this lens might be useful for examining other theories of firm performance. Journal Information This unique journal scans the globe for new research that draws upon multiple disciplines or levels of analysis: achieves genuine integration of theory, data, and managment applications; and improves organizational functioning. Artificial Intelligence Communications Theory Economics History Hypercompetition Information Science Organization theory Political Science Psychology Strategic Management Systems Theory Publisher Information With over 12,500 members from around the globe, INFORMS is the leading international association for professionals in operations research and analytics. INFORMS promotes best practices and advances in operations research, management science, and analytics to improve operational processes, decision-making, and outcomes through an array of highly-cited publications, conferences, competitions, networking communities, and professional development services. Rights & Usage This item is part of a JSTOR Collection. Which three of the following types of market opportunities are the most relevant for a company to pursue?Which three of the following types of market opportunities are the most relevant for a company to pursue? Market opportunities that offer the best chances for profitability. Market opportunities that match up with the company's competitive assets. Market opportunities that offer the best chances for growth.
Which of the following involves an assessment that considers the resources capabilities and competencies of a business?a SWOT analysis. SWOT analysis is a simple but powerful tool for: sizing up a company's resources and capabilities, strengths and deficiencies, its market opportunities, and the external threats to its future well-being.
Which of the following are characteristics of a company's core competency?3 key characteristics of a core competency
It must provide superior value (e.g., benefits) to the customer or consumer. It should provide potential access to a wide variety of markets. It should not be easy to replicate or imitate.
Which of the following would be a good argument for why a resource or capability position would be rare quizlet?Which of the following would be a good argument for why a resource or capability position would be rare? A resource or capability is rare because it developed over time along a unique path.
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