Question: Match the following elements with their best - fitting VRI / NO framework criteria: Example: When a technology firm buys a patent but doesn't know
Match the following elements with their bestfitting VRINO framework criteria:
Example: When a technology firm buys a patent but doesn't know how to generate value from it
Amounts to the raw importance of something the firm possesses, irrespective of what rivals might possess
Example: If a firm possesses a resource that is a combination of numerous parts that fit together seamlessly as a part of an ecosystem eg Toyota's Production System
despite its value, jet fuel does NOT pass this test of the framework
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