Reconstruction of Resource-based Approach from an Action Theory Perspective

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The author developed a theoretical framework that describes and accommodates most of the traditions of strategic management research. The framework consists of three dimensions, i.e., (1) ex ante rational design vs. ex post emergence, (2) emphasis upon market opportunities vs. emphasis upon resources, and (3) static structural theory orientation vs. dynamic action theory orientation. Building upon this framework, the author contends that we should further develop a dynamic action theory of strategic management of resources, and conducts case studies from this viewpoint.