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A Resource-Based Framework For Assessing The Strategic Advantages Of Family Firms
Oleh:
Habbershon, Timothy G.
;
Williams, Mark L.
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
Family Business Review vol. 12 no. 1 (Mar. 1999)
,
page 1-26.
Fulltext:
1.pdf
(201.68KB)
Isi artikel
The Resource-Based View (RBV) of competitive advantage provides a theoretical framework from the field of strategic management for assessing the competitive advantages of family firms. The RBV isolates idiosyncratic resources that are complex, intangible, and dynamic within a particular firm. The bundle of resources that are distinctive to a firm as a result of family involvement are identified as the “familiness” of the firm. This approach provides a research and practice method for assessing the specific behavioral and social phenomena within a firm that provide an advantage. Using a familiness model for assessing competitive advantage overcomes many of the problems associated with the generic claim that family companies have an advantage over nonfamily companies. It also provides a unified systems perspective of family firm performance.
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