Tautology in the Resource-Based View and the Implications of Externally Determined Resource Value: Further Comments

Linking customer resources to firm success: The role of marketing program implementation

“…MPI is the critical link that reflects the ability of a firm to exploit resources it possesses. Differing from some traditional resource-based research (for review, see Newbert, 2007;Priem and Butler, 2001) which assumes that resources provide competitive advantages to the firm, this study explicates a firm's distinctive competence that involves the deployment of resources rather than the possession of them. Having hard to obtain customer resources, such as knowledge, is not enough.…”

Project safety as a sustainable competitive advantage

“…In another article in the same issue of Academy of Management Review, Priem and Butler (2001b) contend that as the RBV exists, it is merely tautology (a statement of obvious fact, e.g., ''a circle is round''). They conclude that RBV is a useful idea but it just describes sustainability, for it to be a theory of competitive advantage it needs to address how value is created.…”

An investigation of relationship learning in cross-border buyer–supplier relationships: The role of trust

“…Building on earlier work by Penrose (1959), the resource-based approach examines competition according to the resources the firm possesses (Wernerfelt, 1984) and the firm-specific resources lead to a firm's competitive advantages (Barney, 1991;Priem & Butler, 2001). If the firms are able to acquire and accumulate rare, valuable, non-substitutable and difficult to imtitate resources and capabilities, they achieve their competitive advantages (Barney, 1991;Mahoney, 1995).…”