Article: Distinctions that matter: a classification of resources and discussion of implications for dynamic capabilities of firms Journal: International Journal of Management Practice (IJMP) 2006 Vol.2 No.1 pp.72 - 82 Abstract: The present paper pursues two main objectives: 1) it highlights different classifications of resources, and 2) it discusses some relevant implications of such classifications for managers to consider when triggering the dynamism of resources in order to transform such resources into new sources of competitive advantage and achieve dynamic capabilities. This research is the result of a broad discussion held amongst researchers and practitioners at the forum organised by Centro de Investigacion sobre la Sociedad del Conocimiento (Knowledge Society Research Centre) at the Universidad Autonoma de Madrid and coordinated by Professor Eduardo Bueno, where well-known firms such as Bankinter, Banco de Bilbao Vizcaya Argentaria (BBVA), Caja Madrid, PSA Peugeot Citröen, Repsol YPF, Grupo Santander, Siemens and Union Fenosa had the opportunity to give their opinions on the subjects mentioned above. The forum carried out different activities, such as round-table talks and meetings. It also contributed to developing a necessary joint frame of references and valuable contributions to the topic herein discussed. Inderscience Publishers - linking academia, business and industry through research

Title: Distinctions that matter: a classification of resources and discussion of implications for dynamic capabilities of firms

Authors: Eduardo Bueno, Patricio Morcillo, Ma Salmador

Addresses: Universidad Autonoma de Madrid, Facultad de Ciencias Economicas y Empresariales, Km. 15 Colmenar Viejo Road, 28049, Madrid, Spain. ' Universidad Autonoma de Madrid, Facultad de Ciencias Economicas y Empresariales, Km. 15 Colmenar Viejo Road, 28049, Madrid, Spain. ' Universidad Autonoma de Madrid, Facultad de Ciencias Economicas y Empresariales, Km. 15 Colmenar Viejo Road, 28049, Madrid, Spain

Abstract: The present paper pursues two main objectives: 1) it highlights different classifications of resources, and 2) it discusses some relevant implications of such classifications for managers to consider when triggering the dynamism of resources in order to transform such resources into new sources of competitive advantage and achieve dynamic capabilities. This research is the result of a broad discussion held amongst researchers and practitioners at the forum organised by Centro de Investigacion sobre la Sociedad del Conocimiento (Knowledge Society Research Centre) at the Universidad Autonoma de Madrid and coordinated by Professor Eduardo Bueno, where well-known firms such as Bankinter, Banco de Bilbao Vizcaya Argentaria (BBVA), Caja Madrid, PSA Peugeot Citröen, Repsol YPF, Grupo Santander, Siemens and Union Fenosa had the opportunity to give their opinions on the subjects mentioned above. The forum carried out different activities, such as round-table talks and meetings. It also contributed to developing a necessary joint frame of references and valuable contributions to the topic herein discussed.

Keywords: resource classification; dynamic capability; competitive advantage; resources; Spain.

DOI: 10.1504/IJMP.2006.009354

International Journal of Management Practice, 2006 Vol.2 No.1, pp.72 - 82

Published online: 22 Mar 2006 *

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Title: Distinctions that matter: a classification of resources and discussion of implications for dynamic capabilities of firms

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