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Preface for the Third Edition - Read

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organization-specific resources<br />

intangible resources<br />

tangible resources<br />

person-dependent<br />

resources<br />

person-independent<br />

resources<br />

intangible assets organizational assets<br />

FIGURE B-12. Classification of resources in <strong>the</strong> resource-based view 176<br />

financial resources<br />

explicit, personal<br />

knowledge<br />

tacit knowledge<br />

organizational<br />

routines<br />

organizational<br />

culture<br />

within a legal<br />

context<br />

without a legal<br />

context<br />

- borrowing capacity<br />

- internal funds<br />

generation<br />

- explicable individual<br />

knowledge<br />

- skills<br />

- expert knowledge<br />

- creativity<br />

- non-explicable<br />

know-how<br />

- production<br />

processes<br />

- flexible workflows<br />

- continuous process<br />

improvement<br />

- learning cycles<br />

- managerial systems<br />

- willingness to share<br />

knowledge<br />

- perception of quality<br />

- ability to manage<br />

change<br />

- perception of<br />

service<br />

- contracts<br />

- patents<br />

- licences<br />

- intellectual property<br />

- trade secrets<br />

- brands<br />

- reputation<br />

- networks<br />

- customer and<br />

supplier relationships<br />

physical resources<br />

- contextual ICT (e.g.<br />

KMS)<br />

- specific production<br />

facilities<br />

5. Strategy 99<br />

quality differential<br />

organization/managerial<br />

differential<br />

cultural<br />

differential<br />

regulatory<br />

differential<br />

positional<br />

competitive advantages

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