B
Birger Wernerfelt
Researcher at Massachusetts Institute of Technology
Publications - 127
Citations - 34889
Birger Wernerfelt is an academic researcher from Massachusetts Institute of Technology. The author has contributed to research in topics: Theory of the firm & Asset (economics). The author has an hindex of 46, co-authored 127 publications receiving 32737 citations. Previous affiliations of Birger Wernerfelt include Northwestern University & University of Michigan.
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A Resource-Based View of the Firm
TL;DR: In this paper, the authors explore the usefulness of analyzing firms from the resource side rather than from the product side, in analogy to entry barriers and growth-share matrices, the concepts of resource position barrier and resource-product matrices are suggested.
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The resource‐based view of the firm: Ten years after
TL;DR: In this article, the diffusion of the "resource-based view of the firm" into academic and practitioner thought is discussed. And some speculations about the future use of these ideas are offered.
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Determinants of firm performance: the relative importance of economic and organizational factors
G. Hansen,Birger Wernerfelt +1 more
TL;DR: Using a representative model from each paradigm, it is found that both sets of factors are significant determinants of firm performance and that organizational factors explain about twice as much variance in profit rates as economic factors.
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Defensive Marketing Strategy by Customer Complaint Management: A Theoretical Analysis:
Claes Fornell,Birger Wernerfelt +1 more
TL;DR: In this article, an economic model of defensive marketing strategy is developed for complaint management based on Hirschman's exit-voice theory, which is used to reduce the number of customer com...
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The link between resources and type of diversification: Theory and evidence
TL;DR: It is suggested that excess physical resources, most knowledge-based resources, and external financial resources are associated with more related diversification, while internal financial Resources are associatedwith more unrelated diversification.