Understanding opportunity discovery and sustainable advantage: the role of transaction costs and property rights
基于资源基础观和产权经济学，构建了一个将机会发现与战略管理理论整合的框架，论证产权和交易成本是机会发现的重要前因，并探讨知识、交易成本和产权如何影响机会发现与可持续优势。
Abstract To add insight in new value creation, opportunity discovery should be integrated with strategic management theory. Based on the resource‐based view and the economics of property rights, we build a framework that accomplishes this. Our key argument is that property rights and transaction costs are important antecedents of opportunity discovery. We identify two mechanisms that establish this influence and examine alternative ways in which knowledge, transaction costs, and property rights influence opportunity discovery and sustainable advantage. Copyright © 2008 Strategic Management Society.