Subletting the Resource-Based View and the Capability-Based View of the firm - the construction of a management theory frame for analyzing competitive advantage

By comparing the main two schools of enterprise theories -the Resource-Based View and the Capability-Based View of the firm, this paper analyses the strong points and weaknesses of the main two schools on the respect of their converting mechanism from organizational learning to competitive advantage. And then, the article puts forward a theoretic frame which includes six valuable factors in order to make a small development on sublating the two theories reasonably. The six valuable factors are the effectiveness of isolating mechanism, the management ability of learning mechanism, the cost of organizing learning, the flexibility of organizational learning, alternative technologies or products and complementary assets.