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| Author: | Moliterno, T.P. Wiersema, M.F. |
| Title: | Firm performance, rent appropriation, and the strategic resource divestment capability |
| Journal: | Strategic Management Journal
2007 : NOV, VOL. 28:11, p. 1065-1087 |
| Index terms: | strategic planning competitive advantage resource management divestment organizational change company performance USA |
| Language: | eng |
| Abstract: | This paper deals with resource divestment (henceforth as: res-div.) as an important firm-level resource management capability manifesting a 2-step organizational change routine. Companies have to be motivated to engage in res-div., and to decide which resources should be 'sold off'. In exploring this firm-level capability, a factor market theory is used to consider the market's 'seller side' A useful framework is provided for conceptualizing how firms generate competitive advantage through res-div. The model res-div. capability model is tested through a dataset of professional baseball franchises from 1969 to 1983. |
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