The #Resource_Based_View is one of the most important theories in #strategic_management because it explains why some organizations perform better than others even when they operate in similar markets. Instead of focusing only on external conditions such as competition, market structure, or industry attractiveness, the Resource-Based View looks inside the organization. It argues that long-term #competitive_advantage comes from resources and capabilities that are valuable, rare
Artificial intelligence is often discussed as a matter of algorithms, data, and software. However, the growth of #Artificial_Intelligence also depends on wider systems of investment, computing infrastructure, skilled people, research culture, and organizational strategy. This article examines how Accel and NVIDIA can be understood as two useful examples for students who want to understand the modern AI ecosystem. Accel represents the role of #venture_capital in helping innova