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− | == '''Knowledge-based theory of the firm''' == | + | =='''Knowledge-based theory of the firm'''== |
| ---- | | ---- |
− | == Acronym == | + | ==Acronym== |
| KBT, KBV | | KBT, KBV |
− | == Alternate name(s)== | + | ==Alternate name(s)== |
| Knowledge-based view of the firm, knowledge-based perspective of the firm | | Knowledge-based view of the firm, knowledge-based perspective of the firm |
− | == Main dependent construct(s)/factor(s)== | + | ==Main dependent construct(s)/factor(s)== |
| Competitive advantage, firm performance | | Competitive advantage, firm performance |
− | == Main independent construct(s)/factor(s) == | + | ==Main independent construct(s)/factor(s)== |
| Heterogeneous knowledge bases and capabilities | | Heterogeneous knowledge bases and capabilities |
− | == Concise description of theory == | + | ==Concise description of theory== |
| The knowledge-based theory of the firm considers knowledge as the most strategically significant resource of the firm. Its proponents argue that because knowledge-based resources are usually difficult to imitate and socially complex, heterogeneous knowledge bases and capabilities among firms are the major determinants of sustained competitive advantage and superior corporate performance. | | The knowledge-based theory of the firm considers knowledge as the most strategically significant resource of the firm. Its proponents argue that because knowledge-based resources are usually difficult to imitate and socially complex, heterogeneous knowledge bases and capabilities among firms are the major determinants of sustained competitive advantage and superior corporate performance. |
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| Although the resource-based view of the firm recognizes the important role of knowledge in firms that achieve a competitive advantage, proponents of the knowledge-based view argue that the resource-based perspective does not go far enough. Specifically, the RBV treats knowledge as a generic resource, rather than having special characteristics. It therefore does not distinguish between different types of knowledge-based capabilities. Information technologies can play an important role in the knowledge-based view of the firm in that information systems can be used to synthesize, enhance, and expedite large-scale intra- and inter-firm knowledge management (Alavi and Leidner 2001). | | Although the resource-based view of the firm recognizes the important role of knowledge in firms that achieve a competitive advantage, proponents of the knowledge-based view argue that the resource-based perspective does not go far enough. Specifically, the RBV treats knowledge as a generic resource, rather than having special characteristics. It therefore does not distinguish between different types of knowledge-based capabilities. Information technologies can play an important role in the knowledge-based view of the firm in that information systems can be used to synthesize, enhance, and expedite large-scale intra- and inter-firm knowledge management (Alavi and Leidner 2001). |
− | == Diagram/schematic of theory == | + | ==Diagram/schematic of theory== |
| N/A | | N/A |
− | == Originating author(s) == | + | ==Originating author(s)== |
| Jay Barney, Robert Grant, Bruce Kogut, Udo Zander, Ikujiro Nonaka | | Jay Barney, Robert Grant, Bruce Kogut, Udo Zander, Ikujiro Nonaka |
− | == Seminal articles == | + | ==Seminal articles== |
| Conner, K.R. “A Historical Comparison of the Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm?,” Journal of Management (17:1), 1991, pp. 121-154. | | Conner, K.R. “A Historical Comparison of the Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm?,” Journal of Management (17:1), 1991, pp. 121-154. |
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| Spender, J.C. “Making Knowledge the Basis of a Dynamic Theory of the Firm,” Strategic Management Journal (17), Special Issues, 1996, pp. 45-62. | | Spender, J.C. “Making Knowledge the Basis of a Dynamic Theory of the Firm,” Strategic Management Journal (17), Special Issues, 1996, pp. 45-62. |
− | == Originating area == | + | ==Originating area== |
| Strategic management | | Strategic management |
− | == Level of analysis == | + | ==Level of analysis== |
| Firm | | Firm |
− | == IS articles that use the theory == | + | ==IS articles that use the theory== |
| Alavi, M., and Leidner, D.E. “Review: Knowledge Management and Knowledge Management Systems,” MIS Quarterly (25:1), March 2001, pp. 107-136. | | Alavi, M., and Leidner, D.E. “Review: Knowledge Management and Knowledge Management Systems,” MIS Quarterly (25:1), March 2001, pp. 107-136. |
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| Teigland, R., and Wasko, M. "Integrating Knowledge Through Information Trading: Examining the Relationship Between Boundary Spanning Communication and Individual Performance," Decision Sciences (34:2), Spring 2003, pp 261-287 | | Teigland, R., and Wasko, M. "Integrating Knowledge Through Information Trading: Examining the Relationship Between Boundary Spanning Communication and Individual Performance," Decision Sciences (34:2), Spring 2003, pp 261-287 |
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− | == Links from this theory to other theories == | + | ==Links from this theory to other theories== |
| [[Resource-based view of the firm]], [[Resource dependency theory]],[[Dynamic capabilities]], [[Competitive strategy (Porter)]], [[Evolutionary theory]], [[Organizational knowledge creation]] | | [[Resource-based view of the firm]], [[Resource dependency theory]],[[Dynamic capabilities]], [[Competitive strategy (Porter)]], [[Evolutionary theory]], [[Organizational knowledge creation]] |
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− | == External links == | + | ==External links== |
− | http://www.iir.berkeley.edu/cohre/grant.html, Summary of Grant's 1996 SMJ paper | + | [https://irle.berkeley.edu/cohre/grant.html http://www.irle.berkeley.edu/cohre/grant.html], Summary of Grant's 1996 SMJ paper |
− | == Original Contributor(s) == | + | ==Original Contributor(s)== |
| Dany Di Tullio | | Dany Di Tullio |
| <br> | | <br> |