Resource based view Literature view:

(first variable)

Hamel and Prahalad in their book Competing for the Future (1994) The resource-based view is a way of viewing the firm and in turn of approaching strategy. The resource-based view was popularised by. Essentially, the view conceptualises the firm as a bundle of resources. It is these resources, and the way that they are combined, that make firms different from one another and in turn allow a firm to deliver products and services in the market. After more than 20 years of empirical research, the resource-based view of the multibusiness firm has emerged as a likely model for explaining diversification successone of the most investigated research questions within the field of strategic management. However, because various dimensions of resource relatedness, synergistic effects, and moderating influences are investigated at diverse levels of analysis, the findings are very fragmented. Our review and critical assessment of the research reveals a number of conceptual issues and methodological flaws that had already constrained heavily traditional diversification research. Consequently, we suggest promising directions for future research efforts that can put this important empirical application of the resource-based view of the firm on safer ground.

Hypothesis:
Is resource based view helps us to find non-profit HRM related issues and how resource based view addresses the issue of diversification if exits?