Firms that have a high degree of resource similarity are likely to have similar strengths and weaknesses.

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Resource similarity refers to the extent to which two or more firms have comparable types and amounts of resources. Firms with high resource similarity are likely to have similar strengths and weaknesses, as they are likely to rely on similar resources and capabilities. This can make it harder for firms to differentiate themselves from competitors and may lead to increased rivalry.

Firms That Have a High Degree of Resource Similarity Are