Firm Resources and Sustained Competitive Advantage

“The RBV”

Barney, 1991

Source: Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17, 99-120.

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Definition of key concepts

• Firm resources– Financial resources– Physical resources– Human resources

• “Sustained” competitive advantage– Strategy duplication

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Resource homogeneity and mobility

• Resource homogeneity and mobility and competitive advantage

• Resource homogeneity and mobility and first mover advantage

• Resource homogeneity and mobility and entry barriers

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Firm resources and sustained competitive advantage

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Questions

• Is human resource a good resource base?

• How can human resource and human resource management be good resource bases?

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