Commonly shared conceptualizations of resources are scant in academic management research which strikes as somewhat peculiar since resources and their allocation thereof have long been recognised to be at the heart of the competitive advantage and performance of a firm. The research literature...

The purpose of this paper was to continue the discussion on the representation of resources as a part of the business model concept. Recently, a business model concept has been proposed to support managing the exploitation of business opportunities. Such exploitation generates a need to select...

In this study, we analyze the Finnish retail industry in 1945-1995. Triangulating the major developments in society, technology, and firm-level strategic choices, we identified extensive variation in the sources of competitive advantage over time. We found that the structural and...