Costly to Imitate Resource: Difference between revisions
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{{Learning concept | {{Learning concept | ||
|Description=One of the four key criteria in the VIRO framework; a resource is costly to imitate if firms that do not possess the resource are unable to develop or buy the resource at a comparable cost. | |Description=One of the four key criteria in the VIRO framework; a resource is costly to imitate if firms that do not possess the resource are unable to develop or buy the resource at a comparable cost. | ||
|Wikipedia reference=http://en.wikipedia.org/wiki/VRIO | |||
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Latest revision as of 20:26, 4 April 2014
Description
One of the four key criteria in the VIRO framework; a resource is costly to imitate if firms that do not possess the resource are unable to develop or buy the resource at a comparable cost.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/VRIO
Learning Material
Covered in Topic(s)
| Internal Analysis |