Abstract: In recent times the resource-based view (RBV) of strategic management has recorded a sizeable attention yet there has not been a considerable scholarly and managerial discourse, debate and attention. As a result, this paper gives special bit of critical reasoning as well as top-notch analyses and relationship between RBV and organizational innovation. The study examines those salient aspects of RBV that basically have the will power in ensuring the organization's capacity to go for innovative capability. In achieving such fit and standpoint, the paper joins other relevant academic discourse and empirical evidence. To this end, a reasonable amount of contributions in setting the ground running for future empirical researches would have been provided. More so, the study is guided and built on the following strength and significance: Firstly, RBV sees resources as heterogeneity which forms a strong point of strength and allows organisations to gain competitive advantage. In order words, competitive advantage can be achieved or delivered to the organization when resources are distinctively utilized in a valuable manner more than the envisaged competitors of the organization. Secondly, RBV is significantly influential in determining the real resources that are available in the organization with a view to locate capabilities within in order to attract more profitability into the organization when applied. Thus, there will be more sustainable growth and success in the ever competitive and emerging market. Thus, to have succinct description of the basic methodologies, the study adopts both qualitative as well as quantitative approach with a view to have a broad samples of opinion in establishing and identifying key and strategic organizational resources to enable managers of resources to gain a competitive advantage as well as generating a sustainable increase and growth in profit. Furthermore, a comparative approach and analysis was used to examine the performance of RBV within the organization. Thus, the following are some of the findings of the study: it is clear that there is a nexus between RBV and growth of competitively viable organizations. More so, in most parts, organizations have heterogeneous resources domiciled in their organizations but not all organizations as it was specifically and intelligently adopting the tenets of RBV to strengthen heterogeneity of resources which allows organisations to gain competitive advantage. Other findings of this study reveal that of managerial perception of RBV with respect to application and transformation of resources to achieve a profitable end. It is against this backdrop, the importance of RBV cannot be overemphasized; the study is strongly convinced and think that RBV view is one focal and distinct approach that is focused on internal to outside strategy which engenders sourcing or generating resources internally as well as having the quest to apply such internally sourced resources diligently to increase or gain competitive advantage.
Abstract: Behavioral aspects of experience such as will power
are rarely subjected to quantitative study owing to the numerous
complexities involved. Will is a phenomenon that has puzzled
humanity for a long time. It is a belief that will power of an individual
affects the success achieved by them in life. It is also thought that a
person endowed with great will power can overcome even the most
crippling setbacks in life while a person with a weak will cannot make
the most of life even the greatest assets. This study is an attempt
to subject the phenomena of will to the test of an artificial neural
network through a computational model. The claim being tested is
that will power of an individual largely determines success achieved
in life. It is proposed that data pertaining to success of individuals
be obtained from an experiment and the phenomenon of will be
incorporated into the model, through data generated recursively using
a relation between will and success characteristic to the model.
An artificial neural network trained using part of the data, could
subsequently be used to make predictions regarding data points in
the rest of the model. The procedure would be tried for different
models and the model where the networks predictions are found to
be in greatest agreement with the data would be selected; and used
for studying the relation between success and will.