Jay Barney (1991)
- Resource-based view - Wikipedia
- Proposition 1: When a firm’s management resources (resources) are valuable and scarce, the firm gains a competitive advantage.
- Proposition 2: A firm gains a sustainable competitive advantage when its resources are not imitable or substitutable by others.
Richard Prim, John Butler (2001)
- Pointed out that the meaning of the phrase “competitive edge” in Proposition 1 is unclear.
- If “competitive advantage” is defined as “higher value than other companies” or “scarcity
- When a company’s resources are valuable and scarce, it acquires ‘something valuable and scarce.‘”
- Pointing out that this is a tautology.
Jay Barney (2001) - tautology, arguing that it is immaterial whether the words can be replaced to become
- Claims that if empirical research can be done, it doesn’t matter, and empirical research has been done.
Richard Prim, John Butler (2001)
- Argues that problems arising in the world of theory should be solved in the world of theory
- Argues that the idea that there is no problem if empirical research can be done is false.
In the world of theory, when a theory is established that “X is X’ if X is X,” it is natural that when the correlation is shown by taking real data A corresponding to X and real data B corresponding to X’, the original theory is almost a tautology, so it is natural that the correlation should appear.
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