A resource-based view of product development

The resource-based view of the firm contributes to the management of product development by highlighting how different functional and integrative capabilities affect process efficiency and product effectiveness. Here, I first review this evidence and then add it to past findings on this topic to form an agent-resource model, which provides a more analytical understanding of product development performance drivers. I also discuss the model in order to direct future research on such relevant issues as the creation, the utilization and the capitalization of capabilities.