Abstract
Richard P. Rumelt has written a number of seminal papers and books. His first book, based on his dissertation, changed the language of corporate strategy and clarified important concepts like diversification and economic performance. His ideas on resources, firm and performance heterogeneity isolating mechanisms, causal ambiguity, uncertain imitability and corporate coherence have defined many of strategic management’s central debates.
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References
Liggett, T.M., S.A. Lippman, and R.P. Rumelt. 2009. The asymptotic Shapley value for a simple market game. Economic Theory 40: 333–338.
Lippman, S.A., and R.P. Rumelt. 1982. Uncertain imitability: An analysis of interfirm differences in efficiency under competition. Bell Journal of Economics 13: 418–438.
Lippman, S.A., and R.P. Rumelt. 2003a. The payments perspective: Micro-foundations of resource analysis. Strategic Management Journal 24: 903–927.
Lippman, S.A., and R.P. Rumelt. 2003b. A bargaining perspective on resource advantage. Strategic Management Journal 24: 1069–1086.
Rumelt, R.P. 1982. How important is industry in explaining firm profitability? Working paper, UCLA.
Teece, D.J. 1984. Economic analysis and strategic management. California Management Review 26: 87–110.
Teece, D.J. 2004. Knowledge and competence as strategic assets. In Handbook on knowledge management 1. Springer: Berlin.
Teece, D.J. 2007. Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal 28: 1319–1350.
Teece, D.J. Forthcoming. The foundations of enterprise performance: Dynamic capabilities in an (economic) theory of firms academy of management perspectives.
Teece, D.J., G. Pisano, and A. Shuen. 1997. Dynamic capabilities and strategic management. Strategic Management Journal 18: 509–533.
Selected Works
1974. Strategy, structure, and economic performance. Boston: Harvard University Press.
1984. Towards a strategic theory of the firm. In Competitive strategic management, ed. R. Lamb. Englewood Cliffs: Prentice Hall.
1991. How much does industry matter? Strategic Management Journal 12: 167–185.
1994. In Fundamental issues in strategy, ed. D. Schendel and D.J. Teece. Boston: Harvard Business School Press.
1994 (with D.J. Teece, G. Dosi and S. Winter). Understanding corporate coherence: Theory and evidence. Journal of Economic Behavior & Organization 23: 1–30.
2010 (with D. Bardolet and D. Lovallo). The hand of corporate management in capital allocations: Patterns of investment in multi- and single-business firms. Industrial and Corporate Change 19: 591–612.
2011. Good strategy/bad strategy: The difference and why it matters. New York: Crown Business.
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Knott, A.M., Hoopes, D.G. (2018). Rumelt, Richard (Born 1942). In: Augier, M., Teece, D.J. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-00772-8_515
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DOI: https://doi.org/10.1057/978-1-137-00772-8_515
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