Tautology in the Resource-Based View and the Implications of Externally Determined Resource Value: Further Comments

Improvement in a small pump having the usual impeller, shaft, motor and housing characterized by a plurality of elongate housing sections that conformingly fit together laterally in an assembled condition to form the housing has a clamp ring and a shroud for covering the motor for protection against droplets of spray.

Abstract

We counter Barney's challenges and reaffirm the tautology of the elemental business-level resource-based “view” (RBV). We develop a mathematical representation of the RBV as a first step toward formalizing its statements. We then explore the implications of our assertion (and Barney's agreement) that resource value is indeed determined outside of the RBV.