Resources and transaction costs: how property rights economics furthers the resource‐based view
从产权经济学视角推进资源基础观，提出资源由多重属性构成，资源所有者创造和获取价值的能力取决于其持有的产权及交易成本，并探讨了对持续竞争优势分析的意义。
Abstract Property rights economics furthers the resource‐based view of strategic management in a number of ways. First, resources are conceptualized as being composed of multiple attributes for which property rights may be held. Second, a resource owner's ability to create, appropriate, and sustain value from resources depends on the property rights that he or she holds and on the transaction costs of exchanging, defining, and protecting them. While transaction costs are a major source of value dissipation, reducing such dissipation may create value. Implications for the RBV analysis of sustained competitive advantage are derived. Copyright © 2005 John Wiley & Sons, Ltd.