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040 _aMSU
_cMSU
_erda
100 1 _aVan der Rest, Jean-Pierre
_eauthor
245 1 2 _aA resource advantage perspective on pricing: shifting the focus from ends to means-end in pricing research? /
_cJean- Pierre van der Rest and Angela Roper
264 _aAbingdon:
_bTaylor and Francis,
_c2013-
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Strategic Marketing
_vVolume 21, number 6,
520 _aThis paper contributes to a long-lasting debate between practitioners who argue that academia is unable to understand what pricing is all about and academics who criticize practitioner pricing approaches for lacking rigor or rationality. The paper conceptualizes a resource-advantage (R-A) perspective on pricing by drawing on the R-A theory of competition. After a review of R-A theory, the paper integrates the price discretion concept and pricing as a spanning competence by introducing a separation between resources that create and resources that extract value, thereby expanding R-A theory to pricing. The perspective aims to shed light on how the process of competition helps organizations to learn/benefit from pricing capabilities. The research shifts the focus of pricing research from an equilibrium-based static view to a dynamic, disequilibrium-provoking pricing competence. In this way, it draws attention to what is perhaps most relevant to pricing in practice: the actual means necessary to determine price.
650 0 4 _aPricing
_xCapability
650 0 4 _aCompetition
_xFirm
650 0 4 _aResource advantage
700 1 _a Roper Angela
_eauthor
856 _uhttps://doi.org/10.1080/0965254X.2013.804856
942 _2lcc
_cJA
999 _c157155
_d157155