Unveiling the strategic resource dimension: A bibliometric and systematic review of the Resource-Based View and its application to corporate governance

Abstract

Using a bibliometric analysis and a systematic review of relevant literature, this study explores the strategic resource dimension of the Resource-Based View (RBV) theory and its application to corporate governance. To find pertinent articles in the Web of Science Core Collection published between 2014 and 2024, a methodical search strategy was used. A critical qualitative content analysis was carried out for the systematic review, and the bibliometric analysis was performed using the R-bibliometrix package. The analysis showed a steady interest in the RBV-corporate governance interface in research. Thematic analysis revealed long-standing interests in competitive advantage and dynamic capabilities alongside new fields like organisational resilience and artificial intelligence. By incorporating RBV principles into corporate governance procedures, resources can be strategically managed for long-term efficacy and competitiveness. By using the research's findings, organisations can modernise their approaches to strategic management, allocate resources more effectively, encourage accountability and transparency in governance frameworks, and make investments in the creation of dynamic capabilities.