Asked by: Aderita Da Cuña
business and finance human resources

Who created VRIN?

Last Updated: 8th July, 2021

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The tool was originally developed by Barney, J. B. (1991) in his work 'Firm Resources and Sustained Competitive Advantage', where the author identified four attributes that firm's resources must possess in order to become a source of sustained competitive advantage.

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Similarly, what is VRIN?

VRIN Barney which stands for “Valuable, Rare, Imperfectly Imitable and Non-substitutable covers identification of all the potential key resources. It helps to analyze whether these resources can fulfill VRIN criteria.

Beside above, who created VRIO? Jay B Barney

In this regard, what is VRIN used for?

Business analysts can use VRIO to accurately assess the internal resources of a business, its competitive advantage potential, and the possibilities of improvement of its resources within relevant business areas.

What is the difference between VRIO and VRIN?

In the resource-based view, the difference between the VRIN and VRIO frameworks is in the “O” or “organization” (VRIO analysis) and the “N” or “non-substitutable” (VRIN analysis) criteria. Based on the VRIN test, this resource is a main source of McDonald's sustained competitive advantage.

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