You are on page 1of 12
Strategic Factor Markets: Expectations, Luck, and Business Strategy Jay B. Barney Management Science, Vol. 32, No. 10 (Oct., 1986), 1231-1241. Stable URL: http//links jstor.org/sici?sic!=0025-1909% 28 198610% 29324 3A 10%3C1231%3ASFMELA%3E2.0,CO%3B2-F Management Science is currently published by INFORMS. ‘Your use of the ISTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use, available at hhup:/www.jstororg/about/terms.hml. JSTOR’s Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use ofthis work. Publisher contact information may be obtained at hup:/www jstor.org/journals/informs.huml, Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the sereen or printed page of such transmission, For more information on ISTOR contact jstor-info@umich.edv, (©2003 JSTOR bupslwww jstor.org/ Tue Nov 25 09:09:44 2003 STRATEGIC FACTOR MARKETS: EXPECTATIONS, LUCK, AND BUSINESS STRATEGY* JAY B, BARNEY Graduate School of Management, University of California, Los Angeles, California 90024 Much of the current thinking about competitive strategy focuses on ways that firms can

You might also like