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Uncertainty and Value Appropriation: An Assessment of Resource-based Theory

Hallberg, Niklas Lars LU (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
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author
organization
publishing date
type
Contribution to conference
publication status
unpublished
subject
keywords
Uncertainty, value appropriation, resource-based theory
conference name
Strategic Management Society Annual Conference, 2009
language
English
LU publication?
yes
id
44d94846-6736-42fc-8826-0f8a630f8a14 (old id 4113153)
date added to LUP
2013-10-21 10:34:08
date last changed
2016-04-16 11:36:05
@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},
  keyword      = {Uncertainty,value appropriation,resource-based theory},
  language     = {eng},
  title        = {Uncertainty and Value Appropriation: An Assessment of Resource-based Theory},
  year         = {2009},
}