Resource-Based and Evolutionary Theories of the Firm: Towards A Synthesis

By Cynthia A. Montgomery. 2012

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A Knowledge Accessing Theory of Strategic Alliances (2004, background): “Tacit knowledge tends to be costly to replicate, but these costs are lower than those incurred in its original creation (Winter, 1995).”
Applying Organizational Routines in understanding organizational change (2005, background): “In terms of research on routines, one possible interpretation is that we need to learn from contrasting the results of empirical research systematically across time, space and different methods.”
Toward a Behavioral Theory of Strategy (2012, background): “Furthermore, as previously indicated, there are still no answers to the several questions that it raises.”
Equilibrium vs Evolution in the Resource-Based Perspective The Conflicting Legacies of Demsetz and Penrose (2005, background): “…and learning) and novelty (e.g., in the form of unanticipated innovations) are included in the analysis at some level (cf. Loasby 1991; Foss, Knudsen and Montgomery 1995).11 While various dynamic phenomena (innovation, organizational learning, resource-accumulation, competence-building, the…”