DocumentCode
461394
Title
Mechanics Analogical Analysis of Resource and Capability Relationship and Its Strategic Implication for Firm Capability Evolution
Author
Du Shi-hai ; Jiang Wen-sheng
Author_Institution
Sch. of Econ. & Manage., Beijing JiaoTong Univ.
fYear
2006
fDate
5-7 Oct. 2006
Firstpage
868
Lastpage
873
Abstract
Noticing the difficulty in distinguishing capability from resource, the ambiguity of capability definition, the complexity of capability character and classification and so on issues in former researches, this paper makes a analogical analysis of capability and resource relationship compared with the force and object relationship in mechanics, so as to make a clear understanding of capability nature which is the basis for solving the above issues and for further capability research. Based on the mechanics analyses, this paper considers that capability (force) is a kind of process vector describing the action it done on resource (object), while human resource is the carrier of capability; knowledge resource is the raw material for creating capability; physical, technical, financial and so on other resources are the object which capability acts on. From this perspective, we analyses the mutual action between resource and capability and put forward a thought of strategy formulation aiming at capability evolution
Keywords
financial management; human resource management; organisational aspects; strategic planning; analogical analysis; financial resources; firm capability evolution; force-object relationship; human resources; knowledge resources; mechanics analysis; physical resources; process vector; resource-capability relationship; strategic implication; technical resources; Costs; Forward contracts; Humans; Logic; Machinery; Raw materials; Resource management; Technological innovation; Capability; Evolution; Mechanics; Relationship; Resource; Strategy;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
Conference_Location
Lille
Print_ISBN
7-5603-2355-3
Type
conf
DOI
10.1109/ICMSE.2006.313964
Filename
4105017
Link To Document