Resource-based theory of competitive advantage – a framework for pharmacy practice innovation research
Autor: | Holdford, David A. |
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Rok vydání: | 2018 |
Předmět: |
mesh:Pharmacy
Knowledge management Economics mesh:Health Services Research lcsh:RS1-441 Pharmaceutical Science Pharmacy Review Community Pharmacy Services 030226 pharmacology & pharmacy Competitive advantage mesh:Community Pharmacy Services mesh:Economics lcsh:Pharmacy and materia medica Competition (economics) 03 medical and health sciences 0302 clinical medicine Resource (project management) 030212 general & internal medicine Marketing of Health Services Service (business) business.industry lcsh:RM1-950 Health services research lcsh:Therapeutics. Pharmacology Sustainability mesh:Marketing of Health Services Pharmacy practice Health Services Research Business Diffusion of Innovation mesh:Diffusion of Innovation |
Zdroj: | Pharmacy Practice (Granada) v.16 n.3 2018 SciELO España. Revistas Científicas Españolas de Ciencias de la Salud instname Pharmacy Practice (Granada), Volume: 16, Issue: 3, Article number: 1351, Published: 14 OCT 2019 Pharmacy Practice, Vol 16, Iss 3, p 1351 (2018) Pharmacy Practice |
ISSN: | 1886-3655 1885-642X |
DOI: | 10.18549/pharmpract.2018.03.1351 |
Popis: | A growing body of research demonstrates the effectiveness of evidence-based pharmacy practice, but too many practice innovations fail to survive past the initial implementation and study phase. This paper presents the resource-based theory of competitive advantage as a framework for describing, understanding, and predicting the adoption and dissemination pharmacy service innovations into routine practice. The theory argues that the sustainability of any business innovation (e.g., pharmacy service) is based upon (1) the internal resources of the firm offering it, (2) the firm’s capabilities in using those resources, (3) the competitive advantage to the firm of its resources and capabilities, (4) the attractiveness of the market in which it competes, and (5) the innovation’s contribution to financial performance of the firm. This paper argues that the resource-based theory of competitive advantage provides a foundation for comparing findings from different research frameworks and studies relating to innovations in services, service processes, and service business models. The paper also poses a number of research questions related to the theory that can be used to further the literature about pharmacy practice innovations. Finally, it makes a case that competition is a fundamental aspect of pharmacy practice and the resource-based theory of competitive advantage can serve as a general theory for studying innovations in pharmacy practice and in the social and administrative sciences. |
Databáze: | OpenAIRE |
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