Transcription of The resource-based theory of competitive advantage ...
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Grant, Robert resource-based theory of competitiveadvantage: implications for strategyformulationGrant, Robert M., (1991) "The resource-based theory of competitive advantage : implications for strategyformulation" from California Management Review 33 (3) , Berkeley, Calif.: University ofCalifornia Staff and students of Anglia Ruskin University are reminded that copyright subsists in this extract and thework from which it was taken. This Digital Copy has been made under the terms of a CLA licence whichallows you to: * access and download a copy; * print out a copy; Please note that this material is for use ONLY by students registered on the course of study asstated in the section below. All other staff and students are only entitled to browse the material andshould not download and/or print out a copy.
Resources as tbe Basis for Corporate Profitability-A finn's ability to cam a rate of profit in excess of its cost of capital depends upon two factors: the attractiveness of the induMry in which it is located, and its establishment of competitive advantage over …
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