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The resource-based view (RBV) of the firm has been around for over twenty years - during which time it has been both widely taken up and subjected to considerable criticism. The authors review and assess the principal critiques evident in the literature, arguing they fall into eight categories....
Persistent link: https://www.econbiz.de/10015220864
This chapter contrasts Simon's approach with that of Frank Knight, who was a significant figure in the Chicago economics department at the time. It explores how Simon's ideas, such as bounded rationality and satisficing, have been influential in fields like management and artificial...
Persistent link: https://www.econbiz.de/10015213443
This chapter consists of an exchange of ideas about knowledge governance. It aims to seek first principles and microfoundations for the knowledge-based view of organization. Two different opinions and conjectures about knowledge governance are offered and considered broadly. Such matters as the...
Persistent link: https://www.econbiz.de/10011427121