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Diversification and Focus: A Bayesian Application of the Resource-Based View
and-operationsbayesian-analysisbusiness-administrationdiversificationleadershipmanagementperformance
We propose a new application of the resource-based view (RBV) that is more consistent with Penrose's (1959) original framework. We use that framework to study the relationship between diversification and refocusing strategies and economic performance. We propose that the RBV may be enhanced by the e
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