About the relationship between resources, capabilities and competences – the resource-based perspective

Firms are permanently looking for ways and for tools conditioning the creation of lasting, long-term competitive advantage. A firm’s strategic potential, its resources, capabilities and competences, is an important tool. The article delves into the relationship between these potentials as identified from the perspective of the resource-based view. Herein, particular emphasis is placed upon competences, as this is most distinctive strategic potential of a firm because it plays a key role in building and maintaining competitive advantage.