Resource based view (RBV)
A resource based view (RBV) of a firm, recognises that each firm has a bundle of valuable resources that it applies to give it a competitive advantage over its competitors. These resources are diverse in nature and require a firm networks with other firm to develop complex solutions.
Reference: Wernerfelt, 1984, p172; Rumelt, 1984, p557-558; Penrose, 1959
created at http://www.b2bwhiteboard.com