A resource-based theory of market structure and organizational form

Arjen Van Witteloostuijn*, Christophe Boone

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

We argue that combining the insights from both the industrial organization and organizational ecology perspectives is likely to produce value added. We develop a resource-based theory of market structure, where resources pertain to the environmental assets (together forming the resource space) without which a firm cannot operate viably. We propose that the distributive shape of the resource space, together with the presence or absence of exploitation economies, molds market structures in terms of density and concentration. Our theory unifies many unconnected strands of theory in the organization sciences domain.

Original languageEnglish
Pages (from-to)409-426
Number of pages18
JournalAcademy of Management Review
Volume31
Issue number2
DOIs
Publication statusPublished - 1 Jan 2006
Externally publishedYes

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