search query: @author Barney, J. B. / total: 12
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| Author: | Diericks, I. Cool, K. Barney, J. B. |
| Title: | Asset stock accumulation and sustainability of competitive advantage. |
| Journal: | Management Science
1989 : DEC, VOL. 35:12, p. 1504-1514 |
| Index terms: | ASSETS |
| Language: | eng |
| Abstract: | Given incomplete factomarkets, appropriate time paths of flow variables must be chosen to build required stocks of assets. That is, critical resources are accumulated rather than acquired in strategic factor markets. Sustainability of a firms asset position hinges on how easily assets can be substituted or imitated. Imitability is linked to the characteristics of the asset accumulation process: time compression diseconomies, asset mass efficiencies, inter-connectedness, asset erosion and causal ambiguity. |
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