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CiteWeb id: 19930000019

CiteWeb score: 10749

This paper elucidates the underlying economics of the resource-based view of competitive advantage and integrates existing perspectives into a parsimonious model of resources and firm performance. The essence of this model is that four conditions underlie sustained competitive advantage, all of which must be met. These include 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 single business strategy and corporate strategy are discussed.

The publication "THE CORNERSTONES OF COMPETITIVE ADVANTAGE: A RESOURCE-BASED VIEW" is placed in the Top 1000 of the best publications in CiteWeb. Also in the category Economics it is included to the Top 100. Additionally, the publicaiton "THE CORNERSTONES OF COMPETITIVE ADVANTAGE: A RESOURCE-BASED VIEW" is placed in the Top 100 among other scientific works published in 1993.
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