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Theory into practice : the resource value chain and the objective of the optimally configured firm

conference contribution
posted on 06.12.2017, 00:00 by A Zubac, G Hubbard
Drawing on resource-based theory, we develop a resource value chain framework. We then demonstrate how this framework can be used to solve the firm’s various strategic and resource configuration problems. Since it is assumed that managers must constantly consider which new resources their firm needs to acquire, and which of its resources it needs to reinvest in or divest, our resource value chain will be of most use when innovating, embarking upon a major internal change or transformation initiative, or when altering the firm’s boundaries through acquisition or devolution. It can also be used to explain why a firm may have adopted a particular mode of organisation, hierarchy or reward system, and if value has indeed accrued to the firm.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Editor

Kennedy J; Di Milia V

Parent Title

Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, priorities

Start Page

1

End Page

17

Number of Pages

17

Start Date

01/01/2006

ISBN-10

1921047348

Location

Yeppoon, Qld.

Publisher

Australian and New Zealand Academy of Management

Place of Publication

Lindfield, NSW

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

Adelaide Graduate School of Business; International conference;

Era Eligible

No

Name of Conference

Australian and New Zealand Academy of Management. International conference

Exports

CQUniversity

Exports