Strategic Management and Competitive Advantage: Concepts (2nd Edition)
Jay B. Barney Jay  Barney is a Professor of Management and holder of the Bank One Chair  for Excellence in Strategic Management at the Fisher College of  Business, The Ohio State University.  He received his  undergraduate degree from Brigham Young University, and his master’s  and Ph.D. from Yale University.  After graduation, he served on  the faculty at the Anderson Graduate School of Management at UCLA and  at the Mays College of Business at Texas A&M University. He moved  to Ohio State in 1994. Professor  Barney teaches business policy and strategy at Ohio State.  He has  also taught in a variety of executive programs at Ohio State, Texas  A&M, UCLA, Southern Methodist University, Texas Christian  University, the University of Michigan, Bocconi University (in Milan,  Italy), and for the consulting firm McKinsey and Company.  He has  received teaching awards at UCLA (1983), Texas A&M (1992), and Ohio  State (1995, 1996, 1999, 2000, and 2001). Professor  Barney’s research focuses on the relationship between firm resources  and capabilities and sustained competitive advantage.  He has  published over 75 articles in a variety of books and journals.   His 1986Management Sciencearticle was recently cited as one of the 50 most influential pieces ever published in that journal, and his 1991Journal of Managementarticle was recently identified as the second most cited  reference  in papers published in the Strategic Management Journal  from 1994 — 2001.  His 1997Journal of Business Venturingarticle with Professor Lowell Busenitz (University of Oklahoma) is the  most highly cited article published in that journal over the last ten  years.  Professor Barney has delivered scholarly papers at over 50  universities around the world–including the Harvard Business School,  the Wharton School of Business, Northwestern University, and the London  Business School.  Professor Barney won the College of Business  Distinguished Research Award at Texas  A&M in 1992; presented  the Holger Crafoord Memorial Lecture at Lund University in Lund, Sweden  in 1993; received an honorary doctorate degree from Lund University in  1997; and was appointed an Honorary Visiting Professor at Waikato  University in Hamilton, New Zealand in 2001.  In 2001 he was also  elected as a Fellow in the Academy of Management. Professor  Barney has also consulted with a wide variety of public and private  organizations, including Hewlett Packard, Texas Instruments, Tenneco,  Arco, McKinsey and Company, Nationwide, and the Columbus Public Schools.  William Hesterly  William  Hesterly is the Zeke Dumke Professor of Management in the David Eccles  School of Business, the University of Utah.  He has twice been  selected as the outstanding teacher in the MBA program (1992 and 1997)  and also received the Student’s Choice Award in 1994.  He  received the Western Academy of Management Ascendant Scholar Award in  1999.  Dr. Hesterly has also received best paper awards from the  Western Academy of Management and the Academy of Management.  His  research on organizational economics, vertical integration,  organizational forms, and entrepreneurial networks has appeared in  leading journals including theAcademy of Management Review,  Organization Science, Strategic Management Journal, the Journal of  Management, and the Journal of Economic Behavior and Organization.  Currently,  he is studying the sources of value creation in firms and also what  determines who capture the value form a firm’s competitive  advantage.  His research on the history of innovation in Major  League Baseball recently appeared in the journalBusiness History.  Dr. Hesterly serves on the editorial board ofStrategic Organizationand has previously served on the boards ofOrganization Scienceand theJournal of Management.   He has served as Department Chair and also Vice-President and President  of the faculty at the David Eccles School of Business at the University  of Utah.  Professor Hesterly has served as a consultant toFortune500 firms in the electronic, office equipment, paper,  telecommunications, energy, aerospace, and medical equipment  industries.  He has also consulted with smaller firms in several  other industries.  A fter  studying at Louisiana State University, he received bachelors and  masters degrees from Brigham Young University and a Ph.D. from the  University of California, Los Angeles.