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Quantum Leaps: The Resource-Based View (RBV) and the School of Industrial Organisation (IO) Revisited
Linnaeus University, Faculty of Business, Economics and Design, Linnaeus School of Business and Economics.ORCID iD: 0000-0003-3323-907X
2011 (English)In: Proceedings from ICAM, 18th Annual International Conference on Advances in Management and 4th Annual International Conference on Social Intelligence, Cancun, 15-18 July / [ed] Rahim, A., 2011Conference paper, Oral presentation only (Refereed)
Abstract [en]

This conceptual paper proposes a synthesis of the Resource-Based View (RBV), and the School of Industrial Organization (IO) based on a framework developed by Philipson (1980). The framwork was developed after a little known work by Marx (1969): “Resultate des unmittelbares produktionsprozesses”. Philipson explored the concepts ”levels of functions of capital”, after Bettelheim (1970), the ”generalization of capital functions”, and used Gramsci’s (1971) concept of ”hegemony”. Two of Marx’ principal concepts were ”inner” and ”outer” conditions of production.  These preempted RBV and IO, which appeared hundred years later. In spite of the development of the RBV and the IO over the last 30 years, the most interesting questions to pursue for strategy research are how companies transcend their resources to reinvent themselves and how they transcend their resources to face new environmental conditions of which they do not have enough experience and resources; hence the transcendence of their limitations. The present article contributes with a phenomenology for studying firm strategy giving precedence to a different mix of the two schools. 

Place, publisher, year, edition, pages
2011.
Keywords [en]
‘Conditions of production’, ’Resource-Based View’, ’The School of Industrial Organization’, ’Functions of capital’, ‘Generalization of capital functions’, ‘Hegemony’.
National Category
Business Administration
Research subject
Economy, Marketing
Identifiers
URN: urn:nbn:se:lnu:diva-15293OAI: oai:DiVA.org:lnu-15293DiVA, id: diva2:452534
Conference
The joint conference of the18th Annual International Conference on Advances in Management and the 4th Annual International Conference on Social Intelligence, July 13-16, 2011, Cancun, Mexico
Available from: 2011-10-31 Created: 2011-10-31 Last updated: 2014-09-23Bibliographically approved

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Philipson, Sarah

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf