Managing a Business Strategically: A firm-specific strategic resource must have four attributes to become the source of a sustained competitive advantage

Question

A firm-specific strategic resource must have four attributes to become the source of a sustained competitive advantage

Pim Bodzinga · Accepted Answer

1. Valuable resources
2. Rare resources
3. Imperfect imitable resources
4. (Non)-substitutability

A firm-specific strategic resource must have four attributes to become the source of a sustained competitive advantage