Uncertainty and Value Appropriation: An Assessment of Resource-based Theory
(2009) Strategic Management Society Annual Conference, 2009- Abstract
- This paper addresses the notion of uncertainty in resource-based theory by examining value appropriation as a cause of profit differentials among firms. It is shown that assumptions made within resource-based theory concerning the level of uncertainty in factor and product markets challenges the theory’s internal consistency and limits its ability to explain how economic value is distributed between seller and buyer. This paper suggests that integrating more elaborate notions of agency and uncertainty with resource-based theory has the potential of remedying some of these limitations
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4113153
- author
- Hallberg, Niklas Lars LU
- organization
- publishing date
- 2009
- type
- Contribution to conference
- publication status
- unpublished
- subject
- keywords
- Uncertainty, value appropriation, resource-based theory
- conference name
- Strategic Management Society Annual Conference, 2009
- conference location
- Washington DC, United States
- conference dates
- 2009-10-11 - 2009-10-14
- language
- English
- LU publication?
- yes
- id
- 44d94846-6736-42fc-8826-0f8a630f8a14 (old id 4113153)
- date added to LUP
- 2016-04-04 13:43:48
- date last changed
- 2018-11-21 21:15:53
@misc{44d94846-6736-42fc-8826-0f8a630f8a14, abstract = {{This paper addresses the notion of uncertainty in resource-based theory by examining value appropriation as a cause of profit differentials among firms. It is shown that assumptions made within resource-based theory concerning the level of uncertainty in factor and product markets challenges the theory’s internal consistency and limits its ability to explain how economic value is distributed between seller and buyer. This paper suggests that integrating more elaborate notions of agency and uncertainty with resource-based theory has the potential of remedying some of these limitations}}, author = {{Hallberg, Niklas Lars}}, keywords = {{Uncertainty; value appropriation; resource-based theory}}, language = {{eng}}, title = {{Uncertainty and Value Appropriation: An Assessment of Resource-based Theory}}, year = {{2009}}, }