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The Resource-Based View of the Firm in Two Environments: The Hollywood Film Studios from 1936 to 1965

Danny Miller and Jamal Shamsie
The Academy of Management Journal
Vol. 39, No. 3 (Jun., 1996), pp. 519-543
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/256654
Page Count: 25
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The Resource-Based View of the Firm in Two Environments: The Hollywood Film Studios from 1936 to 1965
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Abstract

This article continues to operationally define and test the resource-based view of the firm in a study of the major U.S. film studios from 1936 to 1965. We found that property-based resources in the form of exclusive long-term contracts with stars and theaters helped financial performance in the stable, predictable environment of 1936-50. In contrast, knowledge-based resources in the form of production and coordinative talent and budgets boosted financial performance in the more uncertain (changing and unpredictable) post-television environment of 1951-65.

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