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Pergamon
Journal of Management 27 (2001) 625–641
From the special issue editors
The resource-based view of the firm: Ten years after 1991
a b c,
Jay Barney , Mike Wright , David J. Ketchen, Jr. *
aFisher College of Business, The Ohio State University, Columbus, OH 43210, U.S.A.
b Center for Management Buy-out Research, Nottingham University Business School, Jubilee Campus,
Nottingham NG8 1BB, England
cDepartment of Management, Florida State University, Tallahassee, FL 32306-1110, U.S.A.
Accepted 20 September 2001
Abstract
At present, the resource-based view of the firm is perhaps the most influential framework for
understanding strategic management. In this editor’s introduction, we briefly describe the contribu-
tions to knowledge provided by the commentaries and articles contained in this issue. In addition, we
outline some additional areas of research wherein the resource-based view can be gainfully deployed.
© 2001 Elsevier Science Inc. All rights reserved.
1. Introduction
Ten years ago, Jay Barney edited a special forum in this journal on the Resource-Based
View of the Firm (Barney, 1991). In his article in the special issue, Barney argued that
sustained competitive advantage derives from the resources and capabilities a firm controls
that are valuable, rare, imperfectly imitable, and not substitutable. These resources and
capabilities can be viewed as bundles of tangible and intangible assets, including a firm’s
management skills, its organizational processes and routines, and the information and
knowledge it controls. In the intervening deca
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