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      Firm Resources and Sustained Competitive Advantage

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      Journal of Management
      SAGE Publications

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          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 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.

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          Most cited references74

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          A resource-based view of the firm

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            Asset Stock Accumulation and Sustainability of Competitive Advantage

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              Vertical Integration, Appropriable Rents, and the Competitive Contracting Process

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                Author and article information

                Journal
                Journal of Management
                Journal of Management
                SAGE Publications
                0149-2063
                1557-1211
                March 1991
                June 30 2016
                March 1991
                : 17
                : 1
                : 99-120
                Affiliations
                [1 ]Texas A&M University
                Article
                10.1177/014920639101700108
                dfa28fad-6a85-47f6-b28d-a5087bde66b6
                © 1991

                http://journals.sagepub.com/page/policies/text-and-data-mining-license

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