Abstract
The major thesis of this article is that combining the resource-based theory of the firm with Austrian economics and heterogeneous demand theory provides the foundations for a new theory of competition, the resource-advantage theory. This new theory has macro and public policy implications. Specifically, when compared with neoclassical perfect competition theory, the resource-advantage theory better explains productivity and economic growth.
Subject
Management of Technology and Innovation,Strategy and Management,General Business, Management and Accounting
Cited by
93 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献