Towards a Dynamic Resource-Based View Insights from Austrian Capital and Entrepreneurship Theory

Over the last two decades the resource-based view (“RBV”) has become dominant in the strategic management field. It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on insights in entrepreneurship and capital theory, drawn from Austrian economists as well as Frank Knight, in order to strengthen its dynamic dimension. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage.Resource-based view, Austrian capital theory, complexity theory, entrepreneurs competitive advantage

Abelian Chern-Simons Term in Superfluid 3He-A

We show in this paper that Abelian Chern-Simons term is induced in 2+1 and 3+1 dimensional rotating superfluid $^{3}$He-A and plays important roles in its dynamics. Because U(1) symmetry is spontaneously broken in $^{3}$He-A, Goldstone mode appears and contributes to induced Chern-Simons term. We found that the coefficient of Chern-Simons term, which is equivalent to Hall conductance, depends on an infra-red cut off of the Goldstone mode, and that the orbital angular momentum of $^{3}$He-A in a cylinder geometry is derived from Chern-Simons term.Comment: 16 pages, 2 figures, LaTeX, minor points are changed, references are added. Accepted for publication in Physics Letters

Operation of Faddeev-Kernel in Configuration Space

We present a practical method to solve Faddeev three-body equations at energies above three-body breakup threshold as integral equations in coordinate space. This is an extension of previously used method for bound states and scattering states below three-body breakup threshold energy. We show that breakup components in three-body reactions produce long-range effects on Faddeev integral kernels in coordinate space, and propose numerical procedures to treat these effects. Using these techniques, we solve Faddeev equations for neutron-deuteron scattering to compare with benchmark solutions.Comment: 20 pages, 8 figures, to be published in Few-Body System