Firm resources and sustained competitive advantage
Texas A&M University · Mitchell Institute
Abstract
Understanding sources of sustained competitive advantage has become a major area of research in strategic management. Building on the assumptions that strategic resources are heterogeneously distributed across firms and that these differences are stable over time, this article examines the link between firm resources and sustained competitive advantage. Four empirical indicators of the potential of firm resources to generate sustained competitive advantage-value, rareness, imitability, and substitutability are discussed. The model is applied by analyzing the potential of several firm resources for generating sustained competitive advantages. The article concludes by examining implications of this firm resource…
Citation impact
- FWCI
- 3685.41
- Percentile
- 100%
- References
- 75
Authors
1Topics & keywords
- Competitive advantage
- Industrial organization
- Business
- Resource (disambiguation)
- Resource-based view
- Strategic management
- Value (mathematics)
- Marketing