TY - JOUR AB - Purpose– The purpose of this paper is to illustrate that conceptual frameworks developed from a general theory of competition, i.e. resource‐advantage (R‐A) theory, can facilitate managerial action.Design/methodology/approach– After a brief overview of resource‐advantage (R‐A) theory, five conceptual frameworks are developed and offered for the purposes of managerial action.Findings– This paper identifies several conceptual frameworks and after noting that conceptual frameworks that do not have positive theoretical foundations may not be as useful as those that do, develops five conceptual frameworks that are based on R‐A theory.Practical implications– The conceptual frameworks developed in this paper have great potential for facilitating managerial action.Originality/value– Conceptual frameworks that have positive theoretical foundations can be very useful for practitioners. In fact, the frameworks proposed in this paper can replace frameworks that are currently in use for managerial action. VL - 27 IS - 7 SN - 0885-8624 DO - 10.1108/08858621211257356 UR - https://doi.org/10.1108/08858621211257356 AU - Hunt Shelby D. AU - Madhavaram Sreedhar ED - Thomas Brashear PY - 2012 Y1 - 2012/01/01 TI - Managerial action and resource‐advantage theory: conceptual frameworks emanating from a positive theory of competition T2 - Journal of Business & Industrial Marketing PB - Emerald Group Publishing Limited SP - 582 EP - 591 Y2 - 2024/04/25 ER -