search query: @author Barney, J. B. / total: 12
reference: 5 / 12
| Author: | Barney, J. B. |
| Title: | Asset stocks and sustained competitive advantage: a comment. ! Dierickx ! Cool |
| Journal: | Management Science
1989 : DEC, VOL. 35:12, p.1511-1513 |
| Index terms: | ASSETS STOCK MARKETS STRATEGY FINANCIAL MODELS CAPITAL GROWTH |
| Language: | eng |
| Abstract: | In their paper, Dierickx and Cool suggest that the strategic factor markets model developed in Barney cannot be applied in the analysis of sustained competitive advantages due to asset stocks accumulated over time. In the comments, it is shown that the discussion of asset stocks extends and complements, rather than limits, the strategic factor markets model. This is done by analyzing how the strategic factor markets model can be used to examine the cost of accumulating asset stocks over long periods of time, and how these costs will compare to the value of strategies that are implemented exploiting these asset stocks. |
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