This paper introduces the volume on Resource Redeployment and Corporate Strategy, which is devoted to exploring a relatively new justification for how multi-business firms create value – having flexibility to internally redistribute non-financial resources across their businesses. We clarify how a theory around resource flexibility differs from other theories of how multi-business firms create value. We then synthesize the collection of papers in this volume and describe how they contribute to this line of inquiry. Finally, we offer our own views on opportunities for elaboration of this theory.
We gratefully acknowledge the University of Strasbourg Institute for Advanced Study (USIAS), which recognized Professor Folta as a 2013–2016 USIAS Fellow. USIAS generously provided financial and administrative resources to host a November 2015 conference titled “Corporate Strategy and Resource Redeployment” in Strasbourg France for all volume participants. Special gratitude also goes to BETA (Bureau d’Economie Théorique et Appliquée), which regularly hosted Professor Folta, and especially Patrick Llerena, Robin Cowan, Bertrand Koebel, and Thierry Burger-Helmchen. USIAS colleagues Rifka Weehuizen and Etienne Franchineau also provided valuable assistance throughout this project. Monique Flasaquier created a flawless conference program. The editors also acknowledge the support and encouragement of Brian Silverman.
Folta, T.B., Helfat, C.E. and Karim, S. (2016), "Examining Resource Redeployment in Multi-Business Firms", Resource Redeployment and Corporate Strategy (Advances in Strategic Management, Vol. 35), Emerald Group Publishing Limited, Leeds, pp. 1-17. https://doi.org/10.1108/S0742-332220160000035002
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