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Theories: 3


Evolutionary Economic Theory

Evolutionary economics explains change over time with respect to economic development.

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Resource-Based Theory

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.

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Social Exchange Theory

Social exchange theory explains the social behaviour in dyadic and collective relations by applying a principle of a cost-benefit analysis of relations.

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Concepts: 1


  • Emergence (Economics > Evolutionary Economic Theory)



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