%0 Journal Article
%T Knowledge Resources and Competitive Advantage
%A Doris Gomezelj Omerzel
%A Rune Ellemose Gulev
%J Managing Global Transitions
%D 2011
%I University of Primorska
%X The paper discusses some definitions of knowledge as a potential sourceof competitive advantage. It reviews the literature pertaining to the assessmentof knowledge assets. According to the resource-based view,which links the competitive advantage of organizations with resourcesand capabilities that are firm-specific, and difficult to imitate or substitute,a firmĄ¯s competitive advantage is built on a set of strategicallyrelevant resources (Barney 1991; Grant 1991; Peteraf 1993). When firmshave access to similar resources, it is those companies that are able tomaximize the utilization of those resources that attain a competitiveadvantage. Among various strategic resources and capabilities that helpdetermine the extent of competitive advantages, a pivotal role is oftenassigned to knowledge ¨C as both a resource in itself and an integratingfactor that makes other resources and capabilities effective ¨C especiallyin complex and dynamic environments.
%K knowledge
%K competitiveness
%K firm performance
%K knowledge-based theory
%U http://www.fm-kp.si/zalozba/ISSN/1581-6311/9_335-354.pdf