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Resource‐based strategy and managerial power in networks of internationally dispersed technology units
Author(s) -
Medcof John W.
Publication year - 2001
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.192
Subject(s) - dependency (uml) , resource (disambiguation) , resource dependence theory , industrial organization , resource based view , business , power (physics) , knowledge management , economics , management , marketing , computer science , competitive advantage , computer network , physics , software engineering , quantum mechanics
A linking of the Resource Based View of the firm, Resource Dependency Theory and the Vroom‐Yetton model of leadership is used to show that when important technical (R&D) resources are located offshore for strategic and efficiency reasons, resource‐based power goes with them. The extra‐national technology units that embody those strategically important resources should be managed with inclusive methods that respect that power shift. Theoretical, empirical and managerial implications are drawn from this analysis. Copyright © 2001 John Wiley & Sons, Ltd.