Configurations of resources and capabilities and their performance implications: an exploratory study on technology ventures

As one of the most widely accepted theoretical perspectives in strategy, the resource-based view (RBV) suggests that a firm's resources underlie its ability to achieve competitive advantage. However, much of the extant work in this stream has examined the characteristics that resources must have in order to yield rents, while efforts to specify the crucial link between resources and value creation have been sparse. As a consequence, current...