THEORY REVIEW

Resource-Based Theory (RBT)

The resource-based theory (RBT) is an influential approach in strategic management. It has been widely applied as a managerial framework to determine vital resources for a firm to achieve a sustained competitive advantage. The theory provides an essential framework to explain and predict the fundamentals of a company’s performance and competitive advantage.

Authors

Hesty Utami (Business School, Universitas Padjadjaran Indonesia) & Eleftherios Alamanos (Business School, Newcastle University, UK)

Hesty UtamiEleftherios  Alamanos


Feedback: Email the corresponding author ()

How to Cite

Utami, H.& Alamanos, E. (2023) Resource-Based Theory: A review. In S. Papagiannidis (Ed), TheoryHub Book. Available at https://open.ncl.ac.uk / ISBN: 9781739604400

Last updated
2023-09-23 21:58:55

Licence
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Creative Commons Licence

Theory Profile

Proposed by
Barney, 1991

Parent Theory
Theory of the Growth of the Firm

Related Theories
Resource – Advantage Theory, Agency Theory, Transaction Cost Theory, Behavioural theory, Network Theory, Relationship Marketing Theory, Stakeholder Theory, Knowledge-Based View

Discipline
Strategic management

Unit of Analysis
Organisation

Operationalised
Qualitatively / Quantitatively

Level
Meso-level

Type
Theory for Explaining and Predicting

YouTube
Video