The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Strategic resources: Traits, configurations and paths to sustainable competitive advantage
Abstract
The resource-based view (RBV) of the firm holds that certain assets with certain characteristics will lead to sustainable competitive advantage. All the traits are required to be present to result in sustainable competitive advantage. Such a trait approach overlooks the dynamics of the creation of firm resources especially the strategically important factors as identified by the resource based view theory. We propose that the resources are made up of factor networks which have specific interfactor and inter-resource relationships that result in the characteristic traits being evidenced. These strategic resource factor relationships include network type, available substitutes and cogency relationships (compensatory, enhancing and suppressing.) Specific configurations that lead to high or very high support of sustainable competitive advantage are proposed. Twenty-two specific paths to sustainable competitive advantage for a factor, contingent on resource factor traits and relationship configurations, are proposed. The implications, upon confirmation of these configurations, are discussed.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
The resource-based theory of competitive advantage: Implications for strategy formulation
Grant, R. M. (1991) · California Management Review · doi:10.2307/41166664 · Cited by 9,699
Strategic assets and organizational rent
Amit, R., & Schoemaker, P. J. H. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140105 · Cited by 8,425 · cited 10×
“Amit and Schoemaker (1993) suggest that these complexities create nestedness problems across organizational level.”
BackgroundInfluentialTeece, D. J. (1986) · Research Policy · doi:10.1016/0048-7333(86)90027-2 · Cited by 7,842
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
Cited by
Is the Resource-Based “View” a Useful Perspective for Strategic Management Research?
Priem, R. L., & Butler, J. E. (2001) · Academy of Management Review · doi:10.5465/amr.2001.4011928 · Cited by 4,461
Entrepreneurial orientation and small business performance: a configurational approach
Wiklund, J., & Shepherd, D. (2005) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2004.01.001 · Cited by 3,196
Wade, M., & Hulland, J. (2004) · MIS Quarterly · doi:10.2307/25148626 · Cited by 2,822
A Resource-Based Theory of Strategic Alliances
Das, T. K., & Teng, B. (2000) · Journal of Management · doi:10.1016/s0149-2063(99)00037-9 · Cited by 2,750
Hitt, M. A., Biermant, L., Shimizu, K., & Kochhar, R. (2001) · Academy of Management Journal · doi:10.2307/3069334 · Cited by 2,361
Metadata
- Authors
- Black, J. A., & Boal, K. B.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2007-06-14
- Volume
- 15
- Issue
- S2
- Pages
- 131-148
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2138285147
- Cited by
- 897
- References
- 5
- FWCI
- 189.26
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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