The significance of Marx's value for strategy theory: competitive advantage and the issue of tautology within the resource-based view of the firm

Dassler, T. 2016. The significance of Marx's value for strategy theory: competitive advantage and the issue of tautology within the resource-based view of the firm. Capital and Class. 40 (2), pp. 245-262. doi:10.1177/0309816815604727

TitleThe significance of Marx's value for strategy theory: competitive advantage and the issue of tautology within the resource-based view of the firm
AuthorsDassler, T.
Abstract

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.

JournalCapital and Class
Journal citation40 (2), pp. 245-262
ISSN0309-8168
Year2016
PublisherSage
Digital Object Identifier (DOI)doi:10.1177/0309816815604727
Publication dates
Published22 Sep 2015

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