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'Reductionistic' and 'Holistic' Views of Resource-Based Theory: A Review of the Literature
2015
Strategic Change
Main message: In contrast to reductionisitc approach, a holistic approach to RBT has the ability to address the complex interrelationships among multiple organizational characteristics (e.g., resources and capabilities), competitive strategies and performance. Key points: The predominant reductionisitic approach may not be appropriate to capture the reality of a firm's performance regarding their resources, capabilities and strategies. Concurrence of RBT constructs along with competitive
doi:10.1002/jsc.2037
fatcat:mu73oqwavjbjvbe4ateucqcipu