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Expansion and update

I cannot agree that this article should be rolled back or "let go." The RBV concept is already included in other encyclopedias such as the Encyclopedia of Human Resource Management (see:https://www.elgaronline.com/view/nlm-book/9781783475452/C298.xml); the World Heritage Encyclopedia, ; the Wiley Encyclopedia of Management; Encyclopedia of Management Theory; Blackwell Encyclopedia of Sociology (where it is included as part of the entry on "knowledge management") and increasingly appears in business dictionaries, reference works and the like. If anyone is in any doubt about the importance of this concept, please do an Advanced Google search" and use the search terms, Resource-based view" in one line and Encyclopedia in other line of the search tool bar - you will soon find literally thousands of entries in reputable encyclopedias. If the article also serves as a handy resource for college students, then that is a bonus. RBV is an important concept in management and marketing, and as such should be retained in Wikipedia.

This article is in the process of being updated and expanded. I have included a host of high quality references, modified existing content where necessary and added new content to reflect current thinking. There are some concerns about copyvios in some of the content that has been added previously. I am doing my best to clean this up, adding reliable references as I work through it. BronHiggs (talk) 00:58, 28 January 2018 (UTC)

Much respect for the work you're doing here, but note that the World Heritage Encyclopedia is a mirror of Wikipedia. They're not the most compliant mirror - the attribution is often obscured depending on which one of their 100 or so sites you hit. Kuru (talk) 16:20, 31 January 2018 (UTC)

Classification of resources

Tangible assets are important for the resource-based view because they are the ways a company produces revenue. Tangible assets are the base of business’ activity and set limits on how the business can use its resources. [1] The source was misquoted and therefore misleading. The cited source pointed out that tangible assets are used (or consumed) in producing revenue. This is quite different from stating that tangible assets are the way that companies produce revenue.

The RBV places a higher priority on intangible resources such as skills and capabilities which are not depleted through use, but rather improve with use. The resource-based view (RBV) is a managerial framework used to determine the strategic resources with the potential to deliver comparative advantage to a firm. These resources can be exploited by the firm in order to achieve sustainable competitive advantage. The original meaning was intended. RBV is primarily interested in how to identify and nurture comparative advantages – which in turn, lead to competitive advantages. The edit not only changed the meaning, but also led to an inadvertent circular argument (i.e. competitive advantages… can be exploited to achieve competitive advantages) which is not constructive and diminishes the value of the article.

175.32.56.121 (talk) 02:51, 1 June 2019 (UTC)

References

  1. ^ Kenton W. (2017). Tangible Asset. Retrieved 1 March 2019 from https://www.investopedia.com/terms/t/tangibleasset.asp