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The significance of Marx's value for strategy theory

Competitive advantage and the issue of tautology within the resource-based view of the firm

Bibliographic Data

ID3833223
AuthorsThoralf Dassler (0000-0003-0754-8223, Westminster Business School, UK, corresponding author)
Year2016
Volume40
Issue2
Pages245-262
Publication date2016-06-01
Open AccessYes
TypeARTICLE
VenueCapital & Class (JOURNAL)
Journal identifiersISSN: 0309-8168 • E-ISSN: 2041-0980
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0309816815604727
OpenAlexW50258877
LanguageEN
References cited33

Marxian thinking following the TSSI (temporal single system interpretation) of Marx's work is applied to refute the allegation of a tautology in the resource-based view of the firm, paired with the provision of an explanation of how and why resources create value, where resources are synonymous with Marx's categories of constant and variable capital. Refuting the allegation naturally leads to the Holy Grail of resource-based thinking: the question of what, conceptually, constitutes a firm's competitive advantage within the industry context. This article achieves its objectives by tying the resource-based view into Marx's theory of value

Allegation · Competitive advantage · Economics · Management · Microeconomics · Neoclassical economics · Positive economics · Sociology · Tying · Computer Science · Innovation and Knowledge Management · Law · Management and Organizational Studies · Political Economy and Marxism

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Highly citedNo

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