A resource-based view of the firm
Article first published online: 7 NOV 2006
Copyright © 1984 John Wiley & Sons, Ltd.
Strategic Management Journal
Volume 5, Issue 2, pages 171–180, April/June 1984
How to Cite
Wernerfelt, B. (1984), A resource-based view of the firm. Strat. Mgmt. J., 5: 171–180. doi: 10.1002/smj.4250050207
- Issue published online: 7 NOV 2006
- Article first published online: 7 NOV 2006
- Manuscript Revised: 27 APR 1983
- Manuscript Received: 14 JUN 1982
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.