Topic
Competence-based management
About: Competence-based management is a research topic. Over the lifetime, 2184 publications have been published within this topic receiving 151180 citations.
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TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
46,648 citations
TL;DR: The most powerful way to prevail in global competition is still invisible to many companies as discussed by the authors, which is why the concept of the corporation itself has not yet been recognized as a powerful competitive advantage.
Abstract: The most powerful way to prevail in global competition is still invisible to many companies. During the 1980s, top executives were judged on their ability to restructure, declutter, and delayer their corporations. In the 1990s, they’ll be judged on their ability to identify, cultivate, and exploit the core competencies that make growth possible — indeed, they’ll have to rethink the concept of the corporation itself.
15,465 citations
TL;DR: The authors formalizes the RBV, answering the causal "how" questions, incorporating the temporal component, and integrating RBV with demand heterogeneity models for strategic management, and outlines conceptual challenges for improving this situation.
Abstract: As a potential theory, the elemental resource-based view (RBV) is not currently a theoretical structure. Moreover, RBV proponents have assumed stability in product markets and eschewed determining resources' values. As a perspective for strategic management, imprecise definitions hinder prescription and static approaches relegate causality to a “black box.” We outline conceptual challenges for improving this situation, including rigorously formalizing the RBV, answering the causal “how” questions, incorporating the temporal component, and integrating the RBV with demand heterogeneity models.
3,634 citations
TL;DR: Signaling theory is useful for describing behavior when two parties (individuals or organizations) have access to different information as mentioned in this paper, and it holds a prominent position in a variety of management literatures, including strategic management, entrepreneurship, and human resource management.
3,241 citations
TL;DR: This paper distinguishes between ‘component’ and ‘architectural’ competence, and using internal firm data at the program level from 10 major pharmaceutical companies shows that together the two forms of competence appear to explain a significant fraction of the variance in research productivity across firms.
Abstract: Renewed interest in the resource-based theory of the firm has focused attention on the role of heterogeneous organizational ‘competence’ in competition. This paper attempts to measure the importance of these effects in the context of pharmaceutical research. We distinguish between ‘component’ and ‘architectural’ competence, and using internal firm data at the program level from 10 major pharmaceutical companies show that together the two forms of competence appear to explain a significant fraction of the variance in research productivity across firms. Our results raise some intriguing questions about the nature of competencies and the ways in which they diffuse over time.
2,675 citations