Notice of RetractionAn Extension of the Resource-Based View on the Product Development of Entrepreneurial Firms

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Product development is very meaningful to new entrepreneurial firms. Traditional resource-based view focuses on the ownership and control of resources, while the extension of the resource-based view cares about the value of the resources, no matter whether they are internal or external resources. The product development of entrepreneurial firms is facing the problem of lacking resources, which could be released with an extension of the resource-based view. Product development platform, product development alliance and political networks are valuable means for entrepreneurial firms to make the best of external resources. As a result, the rate of successful product development will be likely raised.