The significance of Marx’s value for strategy theory: Competitive advantage and the issue of tautology within the resource-based view of the firm
Autor: | Thoralf Dassler |
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Rok vydání: | 2016 |
Předmět: |
Economics and Econometrics
History Sociology and Political Science Tying 05 social sciences Tautology (grammar) Neoclassical economics Competitive advantage 0506 political science Holy Grail 0502 economics and business Resource-based view 050602 political science & public administration Economics Prices of production Economic system 050203 business & management Temporal single-system interpretation Allegation |
Zdroj: | Capital & Class. 40:245-262 |
ISSN: | 2041-0980 0309-8168 |
DOI: | 10.1177/0309816815604727 |
Popis: | Marxian thinking following the TSSI (temporal single system interpretation) of Marx’s work is applied to refute the allegation of a tautology in the resource-based view of the firm, paired with the provision of an explanation of how and why resources create value, where resources are synonymous with Marx’s categories of constant and variable capital. Refuting the allegation naturally leads to the Holy Grail of resource-based thinking: the question of what, conceptually, constitutes a firm’s competitive advantage within the industry context. This article achieves its objectives by tying the resource-based view into Marx’s theory of value. |
Databáze: | OpenAIRE |
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