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Through the looking glass : contestability theory and the resource-based view
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Lockett, Andy and Thompson, S.. (2010) Through the looking glass : contestability theory and the resource-based view. Journal of Management Inquiry, Vol.19 (No.2). pp. 98-108. ISSN 1056-4926
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Official URL: http://dx.doi.org/10.1177/1056492609353086
Abstract
In this essay we explore the curious symmetry between contestability theory (CT) and the resource-based view (RBV) of the firm. CT assumes away all distinctions between incumbent firms and potential competitors. By contrast, the RBV stresses the fundamental heterogeneity of firms and why such differences may be sustainable. The juxtaposition of the two theories highlights the potential trade-off between rigor and relevance in theory development and provides the opportunity to further our understanding of the RBV.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences > Warwick Business School > Centre for Small & Medium-Sized Enterprises Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management Faculty of Social Sciences > Warwick Business School |
| Journal or Publication Title: | Journal of Management Inquiry |
| Publisher: | Sage Publications, Inc. |
| ISSN: | 1056-4926 |
| Date: | June 2010 |
| Volume: | Vol.19 |
| Number: | No.2 |
| Number of Pages: | 11 |
| Page Range: | pp. 98-108 |
| Identification Number: | 10.1177/1056492609353086 |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Restricted or Subscription Access |
| URI: | http://wrap.warwick.ac.uk/id/eprint/44583 |
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