Changes

== '''Knowledge-based theory of the firm''' ==

=='''Knowledge-based theory of the firm'''==

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== 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.  

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.  

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.  

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

== 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]]

== 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

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