Is the Resource-Based "View" a Useful Perspective for Strategic Management Research? Yes
Abstract
Here I examine each of the major issues raised by Priem and Butler (this issue) about my 1991 article and subsequent resource-based research. While it turns out that Priem and Butler's direct criticisms of the 1991 article are unfounded, they do remind resource-based researchers of some important requirements of this kind of research. I also discuss some important issues not raised by Priem and Butler—the resolutions of which will be necessary if a more complete resource-based theory of strategic advantage is to be developed.
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Resources alone do not guarantee sustainable competitive advantage.
“First, the resource management model asserts that resources alone do not guarantee sustainable competitive advantage [24,25];”
From Big Data, Big Data Analytics Capability, and Sustainable Innovation Performance (2019) · cites this paper as [25]
The resource-based view posits that firms with valuable, non-substitutable, and scarce resources can obtain a sustainable competitive advantage.
“This widely supported view (Barney, 2001) posits that firms with valuable, non-substitutable, and scarce resources can obtain a sustainable competitive advantage.”
From The effects of analytics capability and sensing capability on operations performance: the moderating role of data-driven culture (2025) · cites this paper as Barney, 2001
Resource-based theory suggests that firms would utilize their resources to attain competitive advantage and superior performance.
“Resourcebased theory suggests that firms would utilize their resources to attain competitive advantage and superior performance (Barney, 1991(Barney, , 2001)).”
From Does the Efficiency of a Firm's Intellectual Capital and Working Capital Management Affect Its Performance? (2024) · cites this paper as Barney, 2001
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- Authors
- Barney, J. B.
- Affiliations
- The Ohio State University (US)
- Corresponding author
- Barney, Jay B.
- ORCID
- Barney, Jay B.
- Venue
- The Academy of Management Review
- Publisher
- Academy of Management
- Published
- 2001-01
- Volume
- 26
- Issue
- 1
- Pages
- 41
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2146538537
- Cited by
- 2,734
- References
- 0
- Citations by year
- 2026: 37 · 2025: 94 · 2024: 97 · 2023: 142 · 2022: 132 · 2021: 162 · 2020: 118 · 2019: 137 · 2018: 136 · 2017: 122 · 2016: 100 · 2015: 135 · 2014: 156 · 2013: 152 · 2012: 134
- FWCI
- 217.16
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Academy of Management Review (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Human Resource and Talent Management
- Social Sciences › Business, Management and Accounting › Strategy and Management › Intellectual Capital and Performance Analysis
- Keywords
- resource-based view, strategic management research, strategic advantage, competitive advantage
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