Year: 1997
Type: article
Abstract: The importance ofresources to firms is well documentedi n theory, taxis and empirical studies. Yet, researchfocuseson acquisiiionofftnancialresources, with less anention given to other types. Prescriptions emphasize resource allocation or fit to opportunities, often treating resourcesin the aggregate without considering unique distinctionsin resource types or usage. This paper argues that there are five distinct types of resources applicable to small firms-human, social, organizational, physical and ftnanciah dtn exploratory study of 76 firms examines the relative importance of these resource types and analyzes relationships between resourcesandcharacteristicsoftheownerlfounder and organization. Findings show overall higher ratings for physical and organizational 9 esources than for financial resources. Results indicatefew di+erencesin resources depending on ownerlfounder characteristics or industrial sector.
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W1840376042