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A resource‐based view of the firm

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  • Birger Wernerfelt

Abstract

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.

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  • Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    • Handle: RePEc:bla:stratm:v:5:y:1984:i:2:p:171-180
    DOI: 10.1002/smj.4250050207
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