TY - JOUR TI - A resource‐based view of the firm AU - Birger Wernerfelt PY - 1984 JO - Strategic Management Journal DO - 10.1002/smj.4250050207 UR - https://doi.org/10.1002/smj.4250050207 AB - Abstract The paper explores the usefulness of analysing firms from the resource side rather than from the product side. In analogy to entry barriers and growth‐share matrices, the concepts of resource position barrier and resource‐product matrices are suggested. These tools are then used to highlight the new strategic options which naturally emerge from the resource perspective. ER -