The More Experience You Have, the Worse You Are at Bootstrapping
Harvard Business Review
JULY 22, 2015
If a company wants to generate the most revenue from its resources, it should put its most experienced leaders in charge of those resources. Academics have been writing about the Resource-Based View (RBV) — a theory of how companies can gain competitive advantage from their unique and valuable resources — since the 1980s, though the idea has been around for longer. But the amount of resources matters too.
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