Strategic Alliances Although some theorists suggest that the resource-based view could be a new theory of the firm, it is still part of a emergence paradigm in strategy research (Amit & Schoemaker, 1993; Barney, 1991; Conner, 1991; Conner & Prahalad, 1996; Grant, 1996; Mahoney & Pandian, 1992; Mehra, 1996; Miller & Shamsie, 1996; Roth, 1995). The utility and richness of the paradigm need to be demonstrated in a variety of strategy areas. Indeed, researchers are still in the phase of accumulating applications of the resource-based view. For example, Peteraf (1993) shows that sustainable differences in firm profitability that cannot be attributed to industrial differences can be better explained by the resourcebased view. Our judgement of diversification strategy is also enhanced because the resource-based view potently argues for strategic relatedness within a conglomerate (Chatterjee & Wernerfelt, 1991). Harrison, Hitt, Hoskisson, and Irelan d (1991) examined th...If you want to call up for a full essay, order it on our website: BestEssayCheap.com
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