Resource Dependence Theory: A Review
Document Type
Article
Publication Date
12-1-2009
Department
Management and International Business
Abstract
Thirty years have passed since Pfeffer and Salancik's seminal work on resource dependence theory (RDT). During this time RDT has been applied broadly across the research domain to explain how organizations reduce environmental interdependence and uncertainty. In this review, the authors assess the conceptual development, empirical research, and application of RDT They structure their review around the five options that Pfeffer and Salancik propose firms can enact to minimize environmental dependences: (a) mergers/vertical integration, (b) joint ventures and other interorganizational relationships, (c) boards of directors, (d) political action,and (e) executive succession. The authors summarize past work, synthesize contemporary thought, and propose future research directions.
Publication Title
Journal of Management
Volume
35
Issue
6
First Page
1404
Last Page
1427
Recommended Citation
Hillman, A. J.,
Withers, M. C.,
Collins, B. J.
(2009). Resource Dependence Theory: A Review. Journal of Management, 35(6), 1404-1427.
Available at: https://aquila.usm.edu/fac_pubs/1235