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A Dynamic Resource-based View of the Interaction between Technological Resources, Corporate Diversification and Performance

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Strategy and Performance

Abstract

This work analyzes the relationship between corporate diversification, technological resources and performance, proposing a theoretical dynamic framework. To do this, a dynamic approach of the resourcebased view of the firm is taken as a basis. It can be said that strategic management in general, and the resource-based view in particular, lack an integrated analysis of diversification strategy. An integrated analysis examination of the consistency and coherence of the arguments of diversification studies on the sources of superior performance, which have been put forward in different studies from a partial perspective. This work aims to contribute to a more effective and realistic resourcebased theory on diversification, proposing a ‘diversification-capability’ view of the multibusiness firm. The integrated view proposed reveals the coherence of the reasons used to explain the superior performance of related, as opposed to unrelated, diversification. To achieve this objective, the work provides a review of research on diversification from different research topics in strategic management.

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© 2004 Francisco Javier Forcadell

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Forcadell, F.J. (2004). A Dynamic Resource-based View of the Interaction between Technological Resources, Corporate Diversification and Performance. In: Ghobadian, A., O’Regan, N., Gallear, D., Viney, H. (eds) Strategy and Performance. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523135_11

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