Intangible Resources and Growth Intent: Are Family Businesses Performing Better?

Abstract

Drawing upon the theoretical framework of the Resource-Based View (RBV) of the firm, this study seeks to examine the relationship between two dimensions of intangible resources in family versus non -family businesses. The bundle of resources that are distinctive to a firm are identified through two key variables (resources), they include organizational and knowledge-based resources. Data from 430 US and Australian SMEs were analyzed through hierarchical regression analyses to understand the relationship of these resources in small firms with performance. Implications for theory and practice are discussed that may provide possible competitive advantage for small firms.