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Article . 2008 . Peer-reviewed
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Symphonya
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Resource-Based Theory and Market-Driven Management

Authors: Mauro Sciarelli;

Resource-Based Theory and Market-Driven Management

Abstract

Market-Driven Management poses the question of the relationship between markets and competitive advantage. Market-driven firms reveal a superior ability to understand, attract and maintain, a supply of products/services that offer more value for the customer than competitors. The Resource-Based Theory originates from Penrose’s idea (1959) of the firm as a coordinated ‘bundle’ of resources that the business has at its disposal or has access to (inside out), which are valuable, rare and inimitable. In global markets, MDM strives towards continuous innovation processes that can enable the company to escape the potential pressure of the competition, by identifying new customer needs to satisfy (outside in). The market-driven company is not only oriented to the market, but also tends to orient the market.

Keywords

http://dx.doi.org/10.4468/2008.2.06sciarelli [Market-Driven Management; Resource-Based Theory; Outside-In Capabilities; Inside-Out Capabilities; Global Competition; Global Markets DOI], Market-Driven Management; Resource-Based Theory; Outside-In Capabilities; Inside-Out Capabilities; Global Competition; Global Markets, market-driven management, global competition, global markets, resource-based theory, Marketing. Distribution of products, HF5410-5417.5, inside-out capabilities, outside-in capabilities

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    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
8
Average
Average
Average
gold