In this paper, we extend the resource-based theory of the firm to show that it can be used to analyse the effectiveness of competitive strategies. Specifically, we demonstrate that political strategies aimed at raising rivals' costs by blocking the use of substitute resources may create the opportunity for a firm to capitalize on resources that are valuable, rare, and costly to imitate. The uses of political activity to block the availability of substitute resources are discussed in detail and examples are provided to demonstrate how such strategies are used and to illustrate how successful they may be. This is an important extension of the resource-based theory because it demonstrates how the theory can be applied by researchers and practitioners.
A cornerstone of the scientific ethos is that editorial board members should be selected based on their scholarly achievements, as demonstrated by publications in peer-reviewed journals and evidence that their work is of value to others in their disciplines. To discern if this reasoning is applied in practice, this study examined the scholarly records of the editorial boards of premier peer-reviewed journals sponsored by the leading professional associations in management and six related disciplines.
This paper provides an overview of research related to participation programs in organizations. Although certain relationships, such as the participation-performance association, have been adequately addressed in the literature, other aspects of the participation process have received very limited research attention, We propose that research move away from a narrow focus on certain aspects of the participation process and move toward a more inclusive agenda. To facilitate this movement, we provide a participation framework that organizes what is and is not known about participation, develop an operational definition of participation, summarize the incentives that motivate participation, review individual and organizational contextual factors that relate to participation, describe participation-outcome relationships, and note essential measurement questions.
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