Corporate political resources and the resource-based view of the firm

摘要

Several authors looking at firms operating in regulated markets or, more generally, attempting to influence public policies, argue that a critical aspect to consider is whether these firms possess specific political resources; i.e. a set of unique political assets and skills that might prepare these firms to participate in policy debates, face the rivalry of competing interest groups and shape policy decisions (Boddewyn, 1994; Dean and Brown, 1995). Similar to the resource-based view (RBV) of the firm, which holds that a firm's resources that are rare, inimitable, non-substitutable and valuable may result in sustained competitive advantage (Wernerfelt, 1984), it has thus been argued that firms, in many cases, should also develop political resources with similar attributes.