Year
1997
Abstract
Resource-based strategic theories are weakened by the fuzziness of the concept of “resource”, which actually entails two very different meanings: (static) resources in the sense developped by economic theory (production factors) and (dynamic) competences. Competences are intricately linked with organizational work processes. It is easier to build sustainable comparative advantages by controlling critical processes and competences rather than by using resources in a protected and monopolistic way. There is a strong need to develop process-based strategic theories.
LORINO, P. (1997). Théorie stratégique : des approches fondées sur les ressources aux approches fondées sur les processus. ESSEC Business School.