Firm Resources and Sustained Competitive Advantage

Journal of Management - Tập 17 Số 1 - Trang 99-120 - 1991
Jay B. Barney1
1Texas A&M University;

Tóm tắt

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 acrossfirms and that these differences are stable over time, this article examines the link betweenfirm 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 severalfirm resourcesfor generating sustained competitive advantages. The article concludes by examining implications of this firm resource model of sustained competitive advantage for other business disciplines.

Từ khóa


Tài liệu tham khảo

Alchian, A.A., 1950, American Economic Review, 58, 388

Andrews, K.R., 1971, The concept of corporate strategy.

Ansoff, H.I., 1965, Corporate strategy.

Armstrong, J.S., 1982, Strategic Management Journal,, 3, 197, 10.1002/smj.4250030303

Arthur, WB., 1984, Options,

Arthur, W.B., 1984, Proceedings of a Conference on Stochastic Optimization, Kiev 1984, 87

Arthur, WB., 1987, European Journal of Operations Research,, 30, 294, 10.1016/0377-2217(87)90074-9

Bain, J., 1956, Barriers to new competition., 10.4159/harvard.9780674188037

Barney, J.B., 1986, Management Science,, 42, 1231, 10.1287/mnsc.32.10.1231

Barney, J.B., 1986, Academy of Management Review, 11, 656, 10.5465/amr.1986.4306261

Barney, J.B., 1986, Academy of Management Review, 11, 791, 10.5465/amr.1986.4283938

Barney, J.B., 1988, Strategic Management Journal,, 9, 71, 10.1002/smj.4250090708

Barney, J.B., 1989, Management Science, 35, 1511, 10.1287/mnsc.35.12.1511

Barney, J.B., 1989, The context of strategic planning and the economic performance offirms.

Barney, J.B., 1990, Academy of Management Review, 15, 382, 10.5465/amr.1990.4308815

Barney, J.B., 1989, Managerial and Decision Economics,, 11, 187, 10.1002/mde.4090110306

Barney, J.B., annual meeting of the Strategic Management Society

Barney, J.B., 1990, Managing the High Technology Firm

Barney, J.B., 1991, Managerial and Decision Economics,

Baumol, WJ., 1982, Contestable markets and the theory of industry structure.

Becker, G.S., 1964, Human capital.

Burgelman R., 1983, Management Science,, 29, 1349, 10.1287/mnsc.29.12.1349

Burgelman, R., 1988, Stategic management of technology and innovation.

Caves, R.E., 1977, Quarterly Journal of Economics,, 91, 241, 10.2307/1885416

Christie, B., 1985, Human factors and information technology in the office.

David, PA., 1985, American Economic Review Proceedings,, 75, 332

Daft, R., 1983, Organization theory and design.

Dierickx, I., 1989, Management Science,, 35, 1504, 10.1287/mnsc.35.12.1504

Fredrickson, J., 1984, Academy of Management Journal,, 27, 445

Fredrickson, J., 1984, Academy of Management Journal,, 27, 399

10.2307/41165268

Hatten, K.J., 1987, Strategic Management Journal,, 8, 329, 10.1002/smj.4250080404

Hayes, R.H., 1984, Restoring our competitive edge.

Hirshliefer, J., 1980, Price theory and applications, 2

Hitt, M., 1986, Journal of Management Studies,, 23, 401, 10.1111/j.1467-6486.1986.tb00425.x

Hofer, C., 1978, Strategy formulation: Analytical concepts.

Howell, WC., 1982, Information processing and decision making.

Jacobsen, R., 1988, Strategic Management Journal,, 9, 41, 10.1002/smj.4250090503

Klein, B., 1981, Journal of Political Economy,, 89, 615, 10.1086/260996

Klein, B., 1978, Journal of Law and Economics,, 21, 297, 10.1086/466922

Kudla, R.J., 1980, Academy of Management Journal,, 23, 5

Learned, E.P., 1969, Business policy.

Leontiades, M., 1980, Strategic Management Journal, 1, 65, 10.1002/smj.4250010107

Lieberman, M.B., 1988, Stategic Management Journal,, 9, 41

Lippman, S., 1982, Bell Journal of Economics,, 13, 418, 10.2307/3003464

Lorange, P., 1980, Corporate planning: An executive viewpoint.

Mancke, R., 1974, Quarterly Journal of Economics,, 88, 181, 10.2307/1883068

McGee, J., 1986, Strategic Management Journal,, 7, 141, 10.1002/smj.4250070204

McKelvey, W., 1982, Organizational systematics: Taxonomy, evolution, and classification., 10.1525/9780520314696

Miles, R., 1982, Coffin nails and corporate strategy.

Mintzberg, H., 1978, Management Science,, 24, 934, 10.1287/mnsc.24.9.934

Mintzberg, H., 1985, Administrative Science Quarterly,, 30, 160, 10.2307/2393104

Nelson, R., 1982, An evolutional theory of economic change.

O'Brien, J., 1983, Computers and information processing in business.

Pearce, J.A., 1987, Academy of Management Review,, 12, 658, 10.5465/amr.1987.4306718

Penrose, E.T, 1958, The theory of the growth of the firm.

Perrow, C., 1986, Complex organizations: A critical essay, 3

Polanyi, M., 1962, Personal knowledge: towards a post critical philosophy.

Porras, J., 1978, Academy of Management Review,, 3, 249, 10.5465/amr.1978.4294860

Porter, M., 1980, Competitive strategy.

Porter, M., 1981, Academy of Management Review,, 6, 609

Porter, M., 1985, Competitive advantage.

Porter, M., Fundamental Issues in Strategy Conference

Rasmussen, J., 1986, Information processing and human machine interaction.

Reed, R., 1990, Academy of Management Review,, 15, 88, 10.5465/amr.1990.4308277

Rhyne, L.C., 1986, Strategic Management Journal,, 7, 423, 10.1002/smj.4250070504

Ricardo, D., 1966, Economic essays.

Rumelt, R., 1984, Competitive Strategic Management:, 556

Rumelt, R., 1981, Academy of Management Proceedings 1981, 2

Scherer, EM., 1980, Industrial market structure and economic performance, 2

Schumpeter, J., 1934, The theory of economic development.

Schumpeter, J., 1950, Capitalism, socialism, and democracy, 3

Stinchcombe, A.L., 1965, Handbook of Organizations, 142

Thompson, A.A., 1983, Strategy formulation and implementation.

Tomer, J.F, 1987, Organizational capital: The path to higher productivity and well-being.

Wernerfelt, B., 1984, Strategic Management Journal, 5, 171, 10.1002/smj.4250050207

10.1177/030630708901400301

Wilkins, A., 1989, Developing corporate character

Williamson, O., 1975, Markets and hierarchies.

Winter, S., 1988, The Competitive Challenge.

Zucker, L., 1977, American Sociological Review,, 421, 726, 10.2307/2094862