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Review: The
Resource-Based View and Information
Systems Research: Review, Extension and Suggestions for Future
Research
Michael Wade and John
Hulland
Volume 28, Number 1
Abstract
Information systems researchers have a long tradition of
drawing on
theories from disciplines such as economics, computer science,
psychology
and general management and using them in their own research.
Because
of this, the IS field has become a rich tapestry of theoretical and
conceptual
foundations. As new theories are brought into the field,
particularly
theories that have become dominant in other areas, there may be a
benefit
in pausing to assess their use and contribution in an IS context.
The purpose of this paper is to explore and critically evaluate use of
the resource-based view of the firm (RBV) by IS
researchers.
The paper provides a brief review of resource-based theory
and then
suggests extensions to make the RBV more useful for empirical IS
research.
First, a typology of key IS resources is presented, and these are then
described using six traditional resource attributes. Second, we
emphasize
the particular importance of looking at both resource complementarity
and
moderating factors when studying IS resource effects on firm
performance.
Finally, we discuss three considerations that IS researchers need to
address
when using the RBV empirically. Eight sets of propositions are
advanced
to help guide future research.
Keywords:
Resource-based view, organizational impacts of IS, information systems
resources, competitive advantage, IS strategic planning, information
resource
management
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