Theory of Core Resources of Enterprises and Strategy

Author: Lin Xiang
Publisher:
Publish Date: 2004-08-01
Features: This book is a purely academic work that introduces, thinks about, and discusses the theories of corporate core competencies and resource theory from a strategic perspective. The author employs inductive logic, deductive logic, and self-organization methodology, drawing on research findings from domestic and international academia. First, the basic concepts of resources, capabilities, and assets are defined. The fundamental assumption is proposed that core resources include core capabilities and core assets. Subsequently, the intrinsic characteristics of core capabilities and core assets, how enterprises can cultivate core resources, several important models for transforming core assets into core capabilities, and the ways for enterprises to obtain sustainable rent from core resources are elaborated and analyzed in depth. Guided by the intrinsic transformation principle of core resources, the book analyzes the constraints on core resources in Chinese enterprises, thereby providing policy recommendations for cultivating core resources in Chinese enterprises.