The theoretical roots of the resource-based view can be traced to research done by
A) David Ricardo.
B) Adam Smith.
C) Oliver Williamson.
D) Joseph Schumpeter.

Question

Quizplus · Accepted Answer

The resource-based view (RBV) of the firm originated from the work of David Ricardo and other classical economists who argued that differences in economic performance across countries are due to differences in endowments of resources such as natural resources, labor, and technology. The RBV of the firm builds on this idea by arguing that firms can also achieve competitive advantage and superior performance by leveraging their unique and valuable resources, capabilities, and competencies. While other economists such as Adam Smith, Oliver Williamson, and Joseph Schumpeter have also made contributions to our understanding of firm behavior and performance, they are not as closely associated with the RBV as Ricardo.

The Theoretical Roots of the Resource-Based View Can Be Traced