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Author:Peteraf, M.A.
Title:The cornerstones of competitive advantage: a resource-based view
Journal:Strategic Management Journal
1993 : MAR, VOL. 14:3, p. 179-191
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Freeterms:UNTERNEHMENSSTRATEGIE, KONKURRENZ
Language:eng
Abstract:This paper elucidates the underlying economics of the resourcebased view of competitive advantage and integrates existing perspectives into a parsimonious model of resources and firm performance. The essence of this model is that 4 conditions underlie sustained competitive advantage: superior resources (heterogeneity within an industry), ex-post limits to competition , imperfect resource mobility, and ex-ante limits to competition. In the concluding section, applications of the model for both business strategy and corporate strategy are discussed.
SCIMA record nr: 124150
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