This paper takes into consideration the main views underlying the theory of theresource based firm within strategy studies, underscoring their fundamental monotemporalnature and proposing a way to elaborate a multi-temporal view of the firm. By analyzing the linkbetween the time concepts used as bases for the formulation of studies within the strategy field andthe types of actor behavior implicitly (or explicitly) entailed by such time concepts, the paper showsthe inadequacy of any one of the two monotemporal views of the resource-based firm to encompassall of the main actor behaviors on which the firm’s survival and success increasingly rests. Thepaper draws on the Austrian process view in economic studies to formulate a methodologicalframework which consents the elaboration of a multi-temporal view of the resource based firm, inwhich different time concepts are bridged and in which all main actor behaviors crucial forprolonged firm success are encompassed. Finally, the paper shows how the multi-temporal view ofthe firm consents with the re-interpretation and maintenance of both the static and the dynamicconcepts elaborated within the strategy literature and, eventually, also expands the causalrelationships between strategic management and a number of other areas of inquiry in themanagement field, such as time-space relationships, the relationship between strategy andentrepreneurship, and the relationship between the former and the evolutionary perspective.
|Rivista||Journal of Managerial Psychology|
|Stato di pubblicazione||Published - 2004|
All Science Journal Classification (ASJC) codes
- Social Psychology
- Applied Psychology
- Management Science and Operations Research
- Organizational Behavior and Human Resource Management