Articles MSI - Hart: A natural resource based view of the firm
9 important questions on Articles MSI - Hart: A natural resource based view of the firm
What does the article of Hart proposes?
During the past decade there has been pressure for firms to minimize or eliminate emissions, effluents and waste from their operations. How can this pollution be prevented (pollution prevention), according to Hart?
- Control: emissions and effluents are trapped, stored, treated, and disposed of using pollution-control equipment
Pollution prevention focuses on new capability building in production and operations. However, activities at every step of the value chain, have environmental impacts and these will almost certainly need to be internalized in the future. What does product stewardship (beheer) do with this problem? (Hart)
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Reducing emissions is the fundamental aim of pollution prevention., whereas product stewardship guides the selection of raw materials and disciplines product design with the objective of minimizing the environmental impact of product systems. In what does this result? (Hart)
What is the challenge of sustainable development according to Hart?
Explain why the 3 strategies of the natural-resource-based view appear to be interconnected according to Hart? First, explain interconnectedness.
To be interconnected, the 3 strategies have to be path depended and/or embedded. Explain if they are embedded? (Hart)
Hart has argued that a limited view of what constitutes a firm's environment renders (maakt) the RBV inadequate as a basis for identifying important future source of competitive advantage. What did this research do regarding this?
What is the key message of Hart?
(The RBV combines internal (org. capabilities) and external (environmental circumstances) perspectives to explain competitive advantage.
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