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The Resource Based Perspective, Rents, and Purchasing's Contribution to Sustainable Competitive Advantage
Author(s) -
Ramsay John
Publication year - 2001
Publication title -
journal of supply chain management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 1523-2409
DOI - 10.1111/j.1745-493x.2001.tb00104.x
Subject(s) - competitive advantage , purchasing , perspective (graphical) , economic rent , resource (disambiguation) , business , function (biology) , task (project management) , industrial organization , resource based view , process (computing) , marketing , economics , microeconomics , computer science , management , computer network , artificial intelligence , evolutionary biology , biology , operating system
SUMMARY The resource based perspective (RBP) within the field of strategy seeks to understand the relationship between a firm's resources and its competitive advantage. Some RBP authors have concluded that it is logically impossible for organizations to generate sustainable competitive advantage from purchasing activities. One of this article's central objectives is to test the validity of that conclusion. It is hoped that the completion of that task may make it possible to assist in the process of raising the purchasing function's strategic profile in the modern firm.