africa

Foreign Direct Investment (FDI) is much talked about in developing countries. It is sought after and competed for. We are told it is critical for development. However, we must reconsider that position now. There is a principle in management called the resource based view (RBV). Basically, it entails that entities can only sustainably prosper if they anchor their activities on the resources they have. Thus it is key to establish what those resources are. Resource based view All entities have resources at their disposal. However, it is key to identify unique resources the entity has, which are not available to competitors. Thereafter, they must then make the most of these resources. Put simply, there is need for strategic management of unique resources to give competitive advantage...