Resource based view (first variable)

Literature view:

Hamel and Prahalad in their book “Competing for the Future” (1994) The

resource-based view is a way of viewing the firm and in turn of approaching

strategy. The resource-based view was popularised by. Essentially, the view

conceptualises the firm as a bundle of resources. It is these resources, and the

way that they are combined, that make firms different from one another and in

turn allow a firm to deliver products and services in the market.

After more than 20 years of empirical research, the resource-based view of the

multibusiness firm has emerged as a likely model for explaining diversification

success—one of the most investigated research questions within the field of

strategic management. However, because various dimensions of resource

relatedness, synergistic effects, and moderating influences are investigated at

diverse levels of analysis, the findings are very fragmented. Our review and

critical assessment of the research reveals a number of conceptual issues and

methodological flaws that had already constrained heavily traditional

diversification research. Consequently, we suggest promising directions for

future research efforts that can put this important empirical application of the

resource-based view of the firm on safer ground.

Hypothesis:

Is resource based view helps us to find non-profit HRM related issues and how

resource based view addresses the issue of diversification if exits?