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      Exploration and exploitation and firm performance variability: a study of ambidexterity in entrepreneurial firms

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          Firm Resources and Sustained Competitive Advantage

          Jay Barney (1991)
          Understanding sources of sustained competitive advantage has become a major area of research in strategic management. Building on the assumptions that strategic resources are heterogeneously distributed acrossfirms and that these differences are stable over time, this article examines the link betweenfirm resources and sustained competitive advantage. Four empirical indicators of the potential of firm resources to generate sustained competitive advantage-value, rareness, imitability, and substitutability-are discussed. The model is applied by analyzing the potential of severalfirm resourcesfor generating sustained competitive advantages. The article concludes by examining implications of this firm resource model of sustained competitive advantage for other business disciplines.
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            The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields

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              Exploration and Exploitation in Organizational Learning

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                Author and article information

                Contributors
                Journal
                International Entrepreneurship and Management Journal
                Int Entrep Manag J
                Springer Science and Business Media LLC
                1554-7191
                1555-1938
                December 2016
                February 24 2016
                December 2016
                : 12
                : 4
                : 1147-1164
                Article
                10.1007/s11365-016-0387-6
                3102859f-2b78-4550-ab4d-a850447f3d99
                © 2016

                http://www.springer.com/tdm

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