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Embry-Riddle Aeronautical University

2005

Sustained competitive advantage

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Full-Text Articles in Business

Resource-Based View Of Knowledge Management For Competitive Advantage, Leila A. Halawi, Jay E. Aronson, Richard V. Mccarthy Dec 2005

Resource-Based View Of Knowledge Management For Competitive Advantage, Leila A. Halawi, Jay E. Aronson, Richard V. Mccarthy

Publications

We are not only in a new millennium, but also in a new era: the knowledge era. Sustainable competitive advantage is dependent on building and exploiting core competencies. The resource-based view (RBV) of the firm defines a strategic asset as one that is rare, valuable, imperfectly imitiable and non-substitutable. Knowledge is seen as a strategic asset with the potential to be a source of competitive advantage for an organization. In this paper, we provide a model that examines how and why knowledge management (KM) can be sued to create competitive advantage from the RBV of the firm.