Premium
A resource‐based view of the firm
Author(s) -
Wernerfelt Birger
Publication year - 1984
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.4250050207
Subject(s) - resource (disambiguation) , perspective (graphical) , analogy , resource based view , business , industrial organization , product (mathematics) , position (finance) , new product development , knowledge management , marketing , computer science , competitive advantage , mathematics , epistemology , artificial intelligence , computer network , philosophy , geometry , finance
The paper explores the usefulness of analysing firms from the resource side rather than from the product side. In analogy to entry barriers and growth‐share matrices, the concepts of resource position barrier and resource‐product matrices are suggested. These tools are then used to highlight the new strategic options which naturally emerge from the resource perspective.