Grant, 1991 - Distinction Resources and Capabilities
4 important questions on Grant, 1991 - Distinction Resources and Capabilities
How, according to a later article of Grant (2013) can you determine what the worth is of an organisation's capabilities and resources?
What is the Profit-Earning potential of a resource or capability dependent of, list the 3 possibilities?
- The potential to establish competitive advantage
- Sustainability of the competitive advantage
- Appropriability (retain added value it creates for own benefit)
What are the 3 characteristics that a resource or capability depends on in order to lead to sustainability of the competitive advantage?
- Durability
- Transferability
- Replicability
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What is the difference in durability between an organisation's capabilities and resources?
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