IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v132y2021icp557-570.html
   My bibliography  Save this article

Extending the resource and knowledge based view: A critical analysis into its theoretical evolution and future research directions

Author

Listed:
  • Pereira, Vijay
  • Bamel, Umesh

Abstract

Despite the vast progression in resource-based and knowledge-based view research, little is known about the future application and extension of this influential theoretical lens in some of the contemporary contexts and phenomena. Also, the vastness and degree of diversification has made the resource-based and knowledge-based view research very fragmented. This paper thus aims to contribute by consolidating the extant knowledge base and aims to comprehend the future extension of this research field using a systematic and quantitative literature review approach. In order to achieve this research objective, our study deploys a bibliometric analysis and analyses the bibliometric metadata consisting of 288 research documents within this research field. In doing so, this paper makes some significant contributions both in terms of research and practice. First, as far as we are aware, this paper offers a first of its kind systematic and quantitative review of extant scholarships of resource and knowledge-based view. Second, our systematic review advances the understanding of resource- and knowledge-based view research by offering a comprehensive structure of this research domain from a temporal and traditional perspective i.e., how this research field has evolved and what is the contribution of other domains is its development and evolution, something has possibly not been done, and hence worthy of researching and exploring. Third, our analysis identifies the emerging trends and potential future paths of the resource and knowledge-based view scholarship. Lastly, we offer suggestions for organizations on developing competitive advantage using their knowledge-based resources and competences.

Suggested Citation

  • Pereira, Vijay & Bamel, Umesh, 2021. "Extending the resource and knowledge based view: A critical analysis into its theoretical evolution and future research directions," Journal of Business Research, Elsevier, vol. 132(C), pages 557-570.
    • Handle: RePEc:eee:jbrese:v:132:y:2021:i:c:p:557-570
    DOI: 10.1016/j.jbusres.2021.04.021
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296321002599
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jbusres.2021.04.021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bruce Kogut & Udo Zander, 1992. "Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology," Organization Science, INFORMS, vol. 3(3), pages 383-397, August.
    2. Ioannis E. Nikolaou, 2019. "A Framework to Explicate the Relationship Between CSER and Financial Performance: an Intellectual Capital-Based Approach and Knowledge-Based View of Firm," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1427-1446, December.
    3. Gema García‐Piqueres & Rebeca García‐Ramos, 2020. "Is the corporate social responsibility–innovation link homogeneous?: Looking for sustainable innovation in the Spanish context," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 803-814, March.
    4. Popli, Manish & Ladkani, Radha M. & Gaur, Ajai S., 2017. "Business group affiliation and post-acquisition performance: An extended resource-based view," Journal of Business Research, Elsevier, vol. 81(C), pages 21-30.
    5. Bernard L. Simonin, 1999. "Ambiguity and the process of knowledge transfer in strategic alliances," Strategic Management Journal, Wiley Blackwell, vol. 20(7), pages 595-623, July.
    6. Marjorie A Lyles & Jane E Salk, 1996. "Knowledge Acquisition from Foreign Parents in International Joint Ventures: An Empirical Examination in the Hungarian Context," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 27(4), pages 877-903, December.
    7. Yasemin Y. Kor & Joseph T. Mahoney & Enno Siemsen & Danchi Tan, 2016. "Penrose's The Theory of the Growth of the Firm: An Exemplar of Engaged Scholarship," Production and Operations Management, Production and Operations Management Society, vol. 25(10), pages 1727-1744, October.
    8. Raghu Garud & Praveen R. Nayyar, 1994. "Transformative capacity: Continual structuring by intertemporal technology transfer," Strategic Management Journal, Wiley Blackwell, vol. 15(5), pages 365-385, June.
    9. Carla Curado & Nick Bontis, 2006. "The knowledge-based view of the firm and its theoretical precursor," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 3(4), pages 367-381.
    10. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and Sustainability of Competitive Advantage," Management Science, INFORMS, vol. 35(12), pages 1504-1511, December.
    11. Fida Afiouni, 2009. "Leveraging human capital and value creation by combining HRM and KM initiatives," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 6(3), pages 202-213.
    12. Chahal, Hardeep & Gupta, Mahesh & Bhan, Namrita & Cheng, T.C.E., 2020. "Operations management research grounded in the resource-based view: A meta-analysis," International Journal of Production Economics, Elsevier, vol. 230(C).
    13. Chris P. Eveleens & Frank J. Rijnsoever & Eva M. M. I. Niesten, 2017. "How network-based incubation helps start-up performance: a systematic review against the background of management theories," The Journal of Technology Transfer, Springer, vol. 42(3), pages 676-713, June.
    14. Ferlie, Ewan & Crilly, Tessa & Jashapara, Ashok & Peckham, Anna, 2012. "Knowledge mobilisation in healthcare: A critical review of health sector and generic management literature," Social Science & Medicine, Elsevier, vol. 74(8), pages 1297-1304.
    15. Yasemin Y. Kor & Joseph T. Mahoney, 2004. "Edith Penrose's (1959) Contributions to the Resource‐based View of Strategic Management," Journal of Management Studies, Wiley Blackwell, vol. 41(1), pages 183-191, January.
    16. Yang, Jie, 2010. "The knowledge management strategy and its effect on firm performance: A contingency analysis," International Journal of Production Economics, Elsevier, vol. 125(2), pages 215-223, June.
    17. Kathleen M. Eisenhardt & Jeffrey A. Martin, 2000. "Dynamic capabilities: what are they?," Strategic Management Journal, Wiley Blackwell, vol. 21(10‐11), pages 1105-1121, October.
    18. Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    19. Yuen, Kum Fai & Li, Kevin X. & Xu, Gangyan & Wang, Xueqin & Wong, Yiik Diew, 2019. "A taxonomy of resources for sustainable shipping management: Their interrelationships and effects on business performance," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 128(C), pages 316-332.
    20. Martine R. Haas & Morten T. Hansen, 2007. "Different knowledge, different benefits: toward a productivity perspective on knowledge sharing in organizations," Strategic Management Journal, Wiley Blackwell, vol. 28(11), pages 1133-1153, November.
    21. Tim R. Holcomb & R. Michael Holmes Jr. & Brian L. Connelly, 2009. "Making the most of what you have: managerial ability as a source of resource value creation," Strategic Management Journal, Wiley Blackwell, vol. 30(5), pages 457-485, May.
    22. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and the Sustainability of Competitive Advantage: Reply," Management Science, INFORMS, vol. 35(12), pages 1514-1514, December.
    23. Richard J. Arend & Moren Lévesque, 2010. "Is the Resource-Based View a Practical Organizational Theory?," Organization Science, INFORMS, vol. 21(4), pages 913-930, August.
    24. Bojica, Ana Maria & Fuentes, Maria del Mar & Gómez-Gras, José María, 2011. "Radical and incremental entrepreneurial orientation: The effect of knowledge acquisition," Journal of Management & Organization, Cambridge University Press, vol. 17(3), pages 326-343, May.
    25. Lihua Wang & Edward J. Zajac, 2007. "Alliance or acquisition? a dyadic perspective on interfirm resource combinations," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1291-1317, December.
    26. Ikujiro Nonaka, 1994. "A Dynamic Theory of Organizational Knowledge Creation," Organization Science, INFORMS, vol. 5(1), pages 14-37, February.
    27. Yasemin Y. Kor & Joseph T. Mahoney, 2000. "Penrose’s Resource‐Based Approach: The Process and Product of Research Creativity," Journal of Management Studies, Wiley Blackwell, vol. 37(1), pages 1-1, January.
    28. Villasalero, Manuel, 2017. "A resource-based analysis of realized knowledge relatedness in diversified firms," Journal of Business Research, Elsevier, vol. 71(C), pages 114-124.
    29. Martin, Silvia L. & Javalgi, Rajshekhar (Raj) G., 2019. "Explaining performance determinants: A knowledge based view of international new ventures," Journal of Business Research, Elsevier, vol. 101(C), pages 615-626.
    30. Li, Shenxue & Clark, Timothy & Sillince, John, 2018. "Constructing a strategy on the creation of core competencies for African companies," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 204-213.
    31. Jack A. Nickerson & Todd R. Zenger, 2004. "A Knowledge-Based Theory of the Firm—The Problem-Solving Perspective," Organization Science, INFORMS, vol. 15(6), pages 617-632, December.
    32. David-West, Olayinka & Iheanachor, Nkemdilim & Kelikume, Ikechukwu, 2018. "A resource-based view of digital financial services (DFS): An exploratory study of Nigerian providers," Journal of Business Research, Elsevier, vol. 88(C), pages 513-526.
    33. Naqshbandi, M. Muzamil & Tabche, Ibrahim, 2018. "The interplay of leadership, absorptive capacity, and organizational learning culture in open innovation: Testing a moderated mediation model," Technological Forecasting and Social Change, Elsevier, vol. 133(C), pages 156-167.
    34. Kull, Alexander J. & Mena, Jeannette A. & Korschun, Daniel, 2016. "A resource-based view of stakeholder marketing," Journal of Business Research, Elsevier, vol. 69(12), pages 5553-5560.
    35. George P. Huber, 1991. "Organizational Learning: The Contributing Processes and the Literatures," Organization Science, INFORMS, vol. 2(1), pages 88-115, February.
    36. Tino T. Herden, 2020. "Explaining the competitive advantage generated from Analytics with the knowledge-based view: the example of Logistics and Supply Chain Management," Business Research, Springer;German Academic Association for Business Research, vol. 13(1), pages 163-214, April.
    37. Luiz F. Mesquita & Jaideep Anand & Thomas H. Brush, 2008. "Comparing the resource‐based and relational views: knowledge transfer and spillover in vertical alliances," Strategic Management Journal, Wiley Blackwell, vol. 29(9), pages 913-941, September.
    38. David J. Teece & Gary Pisano & Amy Shuen, 1997. "Dynamic capabilities and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 18(7), pages 509-533, August.
    39. Dovev Lavie & Israel Drori, 2012. "Collaborating for Knowledge Creation and Application: The Case of Nanotechnology Research Programs," Organization Science, INFORMS, vol. 23(3), pages 704-724, June.
    40. Junwei Zheng & Guangdong Wu & Hongtao Xie, 2017. "Impacts of Leadership on Project-Based Organizational Innovation Performance: The Mediator of Knowledge Sharing and Moderator of Social Capital," Sustainability, MDPI, vol. 9(10), pages 1-22, October.
    41. Yolande E. Chan & James S. Denford & Junjun Jane Wang, 2019. "The Co-Evolution of IT, Knowledge, and Agility in Micro and Small Enterprises," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 18(03), pages 1-34, September.
    42. Richard Makadok, 2001. "Toward a synthesis of the resource‐based and dynamic‐capability views of rent creation," Strategic Management Journal, Wiley Blackwell, vol. 22(5), pages 387-401, May.
    43. Nakos, George & Dimitratos, Pavlos & Elbanna, Said, 2019. "The mediating role of alliances in the international market orientation-performance relationship of smes," International Business Review, Elsevier, vol. 28(3), pages 603-612.
    44. Marjorie A Lyles & Jane E Salk, 1996. "Knowledge Acquisition from Foreign Parents in International Joint Ventures: An Empirical Examination in the Hungarian Context," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 27(5), pages 877-903, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Busby, J.S., 2019. "The co-evolution of competition and parasitism in the resource-based view: A risk model of product counterfeiting," European Journal of Operational Research, Elsevier, vol. 276(1), pages 300-313.
    2. Klaus Uhlenbruck & Klaus E. Meyer & Michael A. Hitt, 2003. "Organizational Transformation in Transition Economies: Resource‐based and Organizational Learning Perspectives," Journal of Management Studies, Wiley Blackwell, vol. 40(2), pages 257-282, March.
    3. Pak, Yong Suhk & Ra, Wonchan & Lee, Jong Min, 2015. "An integrated multi-stage model of knowledge management in international joint ventures: Identifying a trigger for knowledge exploration and knowledge harvest," Journal of World Business, Elsevier, vol. 50(1), pages 180-191.
    4. Yolande E. Chan & James S. Denford & Joyce Y. Jin, 2016. "Competing Through Knowledge and Information Systems Strategies: A Study of Small and Medium-Sized Firms," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 1-37, September.
    5. Cuthbertson, Richard W. & Furseth, Peder Inge, 2022. "Digital services and competitive advantage: Strengthening the links between RBV, KBV, and innovation," Journal of Business Research, Elsevier, vol. 152(C), pages 168-176.
    6. Patnaik, Swetketu & Munjal, Surender & Varma, Arup & Sinha, Sujay, 2022. "Extending the resource-based view through the lens of the institution-based view: A longitudinal case study of an Indian higher educational institution," Journal of Business Research, Elsevier, vol. 147(C), pages 124-141.
    7. Ana Villar & César Camisón & Montserrat Boronat, 2007. "Technical Strategic Alliances And Performance: The Mediating Effect Of Knowledge ¿Based Competencies," Working Papers. Serie EC 2007-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    8. Schriber, Svante & Löwstedt, Jan, 2015. "Tangible resources and the development of organizational capabilities," Scandinavian Journal of Management, Elsevier, vol. 31(1), pages 54-68.
    9. Li, Zhengyu, 2016. "Essays on knowledge sourcing and technological capability : A knowledge structure perspective," Other publications TiSEM b8ff31fc-c57b-4bc3-b5a4-0, Tilburg University, School of Economics and Management.
    10. Heimeriks, K. & Duysters, G.M., 2004. "A study into the alliance capability development process," Working Papers 04.21, Eindhoven Center for Innovation Studies.
    11. Pamela Adams & Roberto Fontana & Franco Malerba, 2022. "Knowledge resources and the acquisition of spinouts," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(2), pages 277-313, June.
    12. Park, Chansoo & Vertinsky, Ilan & Becerra, Manuel, 2015. "Transfers of tacit vs. explicit knowledge and performance in international joint ventures: The role of age," International Business Review, Elsevier, vol. 24(1), pages 89-101.
    13. Liu, Chia-Ling (Eunice) & Ghauri, Pervez N. & Sinkovics, Rudolf R., 2010. "Understanding the impact of relational capital and organizational learning on alliance outcomes," Journal of World Business, Elsevier, vol. 45(3), pages 237-249, July.
    14. T. Ravichandran & Simona Ileana Giura, 2019. "Knowledge Transfers in Alliances: Exploring the Facilitating Role of Information Technology," Information Systems Research, INFORMS, vol. 30(3), pages 726-744, September.
    15. Montserrat Boronat-Navarro & Alexandra García-Joerger, 2019. "Ambidexterity, Alliances and Environmental Management System Adoption in Spanish Hotels," Sustainability, MDPI, vol. 11(20), pages 1-16, October.
    16. Zhang, Yucheng & Hou, Zhongwei & Yang, Feifei & Yang, Miles M. & Wang, Zhiling, 2021. "Discovering the evolution of resource-based theory: Science mapping based on bibliometric analysis," Journal of Business Research, Elsevier, vol. 137(C), pages 500-516.
    17. Klaus E. Meyer & Enese Lieb‐Dóczy, 2003. "Post‐Acquisition Restructuring as Evolutionary Process," Journal of Management Studies, Wiley Blackwell, vol. 40(2), pages 459-482, March.
    18. Mehmet Ali Köseoglu & John A. Parnell & Melissa Yan Yee Yick, 2021. "Identifying influential studies and maturity level in intellectual structure of fields: evidence from strategic management," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(2), pages 1271-1309, February.
    19. Goumagias, Nikolaos & Fernandes, Kiran Jude & Nucciarelli, Alberto & Li, Feng, 2022. "How to overcome path dependency through resource reconfiguration," Journal of Business Research, Elsevier, vol. 145(C), pages 78-91.
    20. Zhai, Zhe & Ghosal, Vivek, 2022. "Internationalization of innovation and firm performance in the pharmaceutical industry," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 882-905.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbrese:v:132:y:2021:i:c:p:557-570. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.