Year
2017
Abstract
Recent research rooted in the resource-based view of the firm suggests that resources are more likely to create value if they are effectively managed. An underlying assumption of the literature is that firms manage their resources on their own. However, many firms hire consultants to help them do so. In this study, I develop and test hypotheses regarding the impact of technical consultants on the quality of their clients’ products. Using data from the Bordeaux wine industry, I find evidence that the use of technical consultants has a positive impact on relative product quality and a negative impact on the extremeness of relative product quality. Moreover, the positive impact of technical consultants on relative product quality is stronger at lower levels of relative resource quality.
BARTHELEMY, J. (2017). The Impact of Technical Consultants on the Quality of their Clients’ Products: Evidence from the Bordeaux Wine Industry. Strategic Management Journal, 38(5), pp. 1174-1190.