What does VRIO stand for?
V – Valuable有价值
R – Rare稀缺
I – Inimitable难模仿
O – Organized组织能利用
When does a resource create sustainable competitive advantage?
When it is valuable, rare, difficult to imitate, and well-organized.
满足VRIO四个条件。
What happens if a resource is valuable but not rare?
It leads to competitive parity, not advantage.
只能保持竞争平衡,没有优势。
What makes a resource difficult to imitate?
Path dependency, tacit knowledge, culture, economies of scale, and brand reputation.
历史积累、隐性知识、文化、规模优势、品牌。