Thursday, February 29, 2024

Research Data vs VRIO; valueable, rare, imperfectly imitable and non-substitutable

... in progress....

What is VRIO?

Source: Jay Barney 1999? 

Haven't heard of VRIO, but sounds derivative of Michael Porter's work on Strategy. And especially Resource Based Theory. And especially whether resources are: (in order to Achiev[e] a sustainable competitive advantage)

  • Valuable - they enable a firm to implement strategies that improve its efficiency and effectiveness.
  • Rare - not available to other competitors.
  • Imperfectly imitable - not easily implemented by others.
  • Non-substitutable - not able to be replaced by some other non-rare resource (which looks like or very close to VRIO) There's a very big rabbit hole to go down here....

    Is Research Data intended to give SCA(sustainable competitive advantage)?

  • - the business of research
  • - the research of business

    How does competition relate to research?

  • - competing for grants
  • - competing for promotion
  • - competing for having answers generally accepted
  • - competing for policy influence
  •