Purpose – The purpose of this article is to identify and discuss the practical implications of the resource based view of the firm. Design/methodology/approach – Review of relevant literature. Findings – A number of recommendations are put forward and the practical implications constitute...

Purpose – Numerous studies have set out to examine the relationship between strategic resources and firm performance. The traditional VRIO attributes have been the point of departure in most resource‐based studies. This paper sets out to argue that the relationship between resources and...