The purpose of this study is to improve the capability and the second purpose is to create firm value relative to its rivals. These repeated processes are considered organizational routines that allow firms to operate and profit in their chosen markets. As part of the RBV, capabilities have had an increasingly important role in explaining heterogeneous outcomes as scholars have deemed resource stocks a necessary but insufficient condition for competitive advantage. The explicit intent to compete along certain capabilities has been described as a top-down process within the firm and managerial capabilities are crucial.
All Science Journal Classification (ASJC) codes
- Human Factors and Ergonomics
- Information Systems
- Electrical and Electronic Engineering