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Intangible resources and Performance in Family Firms: The moderating Role of Familiness

Lucia Naldi, Mattias Nordqvist & Thomas Zellweger

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abstract For family firms, the resource-based view (RBV) stresses the relevance of intangible resources emerging in the unique interaction between the family and the firm, and captured through the notion of familiness. In addition to the possession of intangible resources— e.g. knowledge-based and reputational resources— the value of resources is dependent upon their use. Managers’ involvement in strategy making is thus likely to moderate the relationship between the existence of intangible resources and performance. After hypothesizing about the positive relationship between knowledge-based resources and performance, and between reputational resources and performance in family firms, we differentiate between family involvement in continuous strategy making, and disruptive strategy making to capture the moderating role of familiness.

[http://digitalknowledge.babson.edu/fer/vol28/iss14/10 ]
   
type journal paper
   
keywords Family firms, familiness
   
language English
kind of paper journal article
date of appearance 6-2008
journal Frontiers of Entrepreneurship Research
publisher P & R Publications (Waltham, Mass.)
ISSN 0740-7416
volume of journal 28
number of issue 14
page(s) 1
review blind review
   
citation Naldi, L., Nordqvist, M., & Zellweger, T. (2008). Intangible resources and Performance in Family Firms: The moderating Role of Familiness. Frontiers of Entrepreneurship Research, 28(14), 1.