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Tautology in the Resource-Based View and the Implications of Externally Determined Resource Value: Further Comments

Richard L. Priem and John E. Butler
The Academy of Management Review
Vol. 26, No. 1 (Jan., 2001), pp. 57-66
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/259394
Page Count: 10
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Tautology in the Resource-Based View and the Implications of Externally Determined Resource Value: Further Comments
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Abstract

We counter Barney's challenges and reaffirm the tautology of the elemental business-level resource-based "view" (RBV). We develop a mathematical representation of the RBV as a first step toward formalizing its statements. We then explore the implications of our assertion (and Barney's agreement) that resource value is indeed determined outside of the RBV.

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