Publication: What makes a resource valuable? Identifying the drivers of firm-idiosyncratic resource value
What makes a resource valuable? Identifying the drivers of firm-idiosyncratic resource value
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Schmidt, J., & Keil, T. (2013). What makes a resource valuable? Identifying the drivers of firm-idiosyncratic resource value. Academy of Management Review, 38(2), 206–228. https://doi.org/10.5465/amr.2010.0404
Abstract
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We fill a gap in the resource-based literature by identifying conditions and mechanisms that make a resource valuable to a firm ex ante-that is, before a decision on acquiring or building it is made. These conditions are (1) the firm's ex ante market position; (2) its ex ante resource base, which allows for complementarities; (3) its position in interorganizational networks, which gives it access to privileged information; and (4) the prior knowledge and experience of its managers, which allow superior judgment concerning the value-cr
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- Schmidt, Jens
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Citations
Schmidt, J., & Keil, T. (2013). What makes a resource valuable? Identifying the drivers of firm-idiosyncratic resource value. Academy of Management Review, 38(2), 206–228. https://doi.org/10.5465/amr.2010.0404
