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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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“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]
In the citing paper
“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
In the citing paper
“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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Metadata
- 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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