Actors work with resources in putting their business plans into practice, some of which are close-at-hand and some at arm's length to that business. Furthermore, actors can transform and translate resources in more or less complex ways in bringing them into the realm of a business activity, for instance through a single transactional market exchange or a series of social exchanges, the economic dimensions of which are very much in the background. The IMP group's framings of resources in the Actors, Resources and Activities (ARA) approach and in the Resource Interaction approach form this paper's conceptual focus. The paper examines three cases of actors mobilizing resources and emphasizes: (1) The prospective or future-oriented quality of resources, in connection with actors' business plans and activities; (2) The distinct rules, customs and practices in settings that individuals recognize to be more or less economic and more or less social; and (3) The roles and identities of individuals alongside their business units.

Item Type:	Refereed Article
Keywords:	resources, actors, firm, performance
Research Division:	Commerce, Management, Tourism and Services
Research Group:	Business and Management
Research Field:	Organisational Behaviour
Objective Division:	Expanding Knowledge
Objective Group:	Expanding Knowledge
Objective Field:	Expanding Knowledge in Commerce, Management, Tourism and Services
Author:	Hynes, N (Dr Niki Hynes)
ID Code:	124445
Year Published:	2012
Web of Science® Times Cited:	11
Deposited By:	Tasmanian School of Business and Economics
Deposited On:	2018-02-22
Last Modified:	2018-04-05
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