|Title||The significance of Marx's value for strategy theory: competitive advantage and the issue of tautology within the resource-based view of the firm|
Marxian thinking following the TSSI (Temporal Single System Interpretation) of Marx is applied to refute the allegation of a tautology in the resource-based view of the firm--paired with providing 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, i.e. the question of what, conceptually, constitutes a firm's competitive advantage within the industry context. The article achieves its objectives by tying the resource-based view into Marx's theory value.
|Journal||Capital and Class|
|Journal citation||40 (2), pp. 245-262|
|Digital Object Identifier (DOI)||https://doi.org/10.1177/0309816815604727|
|Published||22 Sep 2015|