|
Sign In to gain access to subscriptions and/or personal tools.
|
A Resource-Based Framework for Assessing the Strategic Advantages of Family Firms
Timothy G. Habbershon
Wharton School of the University of Pennsylvania, Family Business Studies Division
Mary L. Williams
Widener University, Wharton School of the University of Pennsylvania
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.
Family Business Review, Vol. 12, No. 1,
1-25 (1999)
DOI: 10.1111/j.1741-6248.1999.00001.x
 CiteULike  Complore  Connotea  Del.icio.us  Digg  Reddit  Technorati  Twitter What's this?
This article has been cited by other articles:
|
|
|
|
 
R. L. Sorenson, K. E. Goodpaster, P. R. Hedberg, and A. Yu
The Family Point of View, Family Social Capital, and Firm Performance: An Exploratory Test
Family Business Review,
September 1, 2009;
22(3):
239 - 253.
[Abstract]
[PDF]
|
|
|
|
|
|
|
S. M. Danes, K. Stafford, G. Haynes, and S. S. Amarapurkar
Family Capital of Family Firms: Bridging Human, Social, and Financial Capital
Family Business Review,
September 1, 2009;
22(3):
199 - 215.
[Abstract]
[PDF]
|
|
|
|
|
|
|
L. Steier
Where Do New Firms Come From?: Households, Family Capital, Ethnicity, and the Welfare Mix
Family Business Review,
September 1, 2009;
22(3):
273 - 278.
[Abstract]
[PDF]
|
|
|
|
|
|
|
B. J. Debicki, C. F. Matherne III, F. W. Kellermanns, and J. J. Chrisman
Family Business Research in the New Millennium: An Overview of the Who, the Where, the What, and the Why
Family Business Review,
June 1, 2009;
22(2):
151 - 166.
[Abstract]
[PDF]
|
|
|
|
|
|
|
K. Moores
Paradigms and Theory Building in the Domain of Business Families
Family Business Review,
June 1, 2009;
22(2):
167 - 180.
[Abstract]
[PDF]
|
|
|
|
|
|
|
E. Claver, L. Rienda, and D. Quer
Family Firms' International Commitment: The Influence of Family-Related Factors
Family Business Review,
June 1, 2009;
22(2):
125 - 135.
[Abstract]
[PDF]
|
|
|
|
|
|
|
J. Levie and M. Lerner
Resource Mobilization and Performance in Family and Nonfamily Businesses in the United Kingdom
Family Business Review,
March 1, 2009;
22(1):
25 - 38.
[Abstract]
[PDF]
|
|
|
|
|
|
|
B. Distelberg and R. L. Sorenson
Updating Systems Concepts in Family Businesses: A Focus on Values, Resource Flows, and Adaptability
Family Business Review,
March 1, 2009;
22(1):
65 - 81.
[Abstract]
[PDF]
|
|
|
|
|
|
|
J. Allouche, B. Amann, J. Jaussaud, and T. Kurashina
The Impact of Family Control on the Performance and Financial Characteristics of Family Versus Nonfamily Businesses in Japan: A Matched-Pair Investigation
Family Business Review,
December 1, 2008;
21(4):
315 - 330.
[Abstract]
[PDF]
|
|
|
|
|
|
|
R. A. Litz
Two Sides of a One-Sided Phenomenon: Conceptualizing the Family Business and Business Family as a Mobius Strip
Family Business Review,
September 1, 2008;
21(3):
217 - 236.
[Abstract]
[PDF]
|
|
|
|
|
|
|
C. Salvato and L. Melin
Creating Value Across Generations in Family-Controlled Businesses: The Role of Family Social Capital
Family Business Review,
September 1, 2008;
21(3):
259 - 276.
[Abstract]
[PDF]
|
|
|
|
|
|
|
S. B. Klein and F. W. Kellermanns
Editors' Notes
Family Business Review,
June 1, 2008;
21(2):
121 - 125.
[PDF]
|
|
|
|
|
|
|
G.T. Lumpkin, W. Martin, and M. Vaughn
Family Orientation: Individual-Level Influences on Family Firm Outcomes
Family Business Review,
June 1, 2008;
21(2):
127 - 138.
[Abstract]
[PDF]
|
|
|
|
|
|
|
F. W. Kellermanns, K. A. Eddleston, T. Barnett, and A. Pearson
An Exploratory Study of Family Member Characteristics and Involvement: Effects on Entrepreneurial Behavior in the Family Firm
Family Business Review,
March 1, 2008;
21(1):
1 - 14.
[Abstract]
[PDF]
|
|
|
|
|
|
|
A. Hall and M. Nordqvist
Professional Management in Family Businesses: Toward an Extended Understanding
Family Business Review,
March 1, 2008;
21(1):
51 - 69.
[Abstract]
[PDF]
|
|
|
|
|
|
|
N. Nicholson
Evolutionary Psychology and Family Business: A New Synthesis for Theory, Research, and Practice
Family Business Review,
March 1, 2008;
21(1):
103 - 118.
[Abstract]
[PDF]
|
|
|
|
|
|
|
T. M. Pieper and S. B. Klein
The Bulleye: A Systems Approach to Modeling Family Firms
Family Business Review,
December 1, 2007;
20(4):
301 - 319.
[Abstract]
[PDF]
|
|
|
|
|
|
|
V. Blanco-Mazagatos, E. de Quevedo-Puente, and L. A. Castrillo
The Trade-Off Between Financial Resources and Agency Costs in the Family Business: An Exploratory Study
Family Business Review,
September 1, 2007;
20(3):
199 - 213.
[Abstract]
[PDF]
|
|
|
|
|
|
|
A. Bjornberg and N. Nicholson
The Family Climate Scales--Development of a New Measure for Use in Family Business Research
Family Business Review,
September 1, 2007;
20(3):
229 - 246.
[Abstract]
[PDF]
|
|
|
|
|
|
|
L. Melin and M. Nordqvist
The reflexive dynamics of institutionalization: the case of the family business
Strategic Organization,
August 1, 2007;
5(3):
321 - 333.
[PDF]
|
|
|
|
|
|
|
A. DeNoble, S. Ehrlich, and G. Singh
Toward the Development of a Family Business Self-Efficacy Scale: A Resource-Based Perspective
Family Business Review,
June 1, 2007;
20(2):
127 - 140.
[Abstract]
[PDF]
|
|
|
|
|
|
|
J. Casillas and F. Acedo
Evolution of the Intellectual Structure of Family Business Literature: A Bibliometric Study of FBR
Family Business Review,
June 1, 2007;
20(2):
141 - 162.
[Abstract]
[PDF]
|
|
|
|
|
|
|
W. Gibb Dyer Jr
Examining the "Family Effect" on Firm Performance
Family Business Review,
December 1, 2006;
19(4):
253 - 273.
[Abstract]
[PDF]
|
|
|
|
|
|
|
C. Graves and J. Thomas
Internationalization of Australian Family Businesses: A Managerial Capabilities Perspective
Family Business Review,
September 1, 2006;
19(3):
207 - 224.
[Abstract]
[PDF]
|
|
|
|
|
|
|
J. Hoffman, M. Hoelscher, and R. Sorenson
Achieving Sustained Competitive Advantage: A Family Capital Theory
Family Business Review,
June 1, 2006;
19(2):
135 - 145.
[Abstract]
[PDF]
|
|
|
|
|
|
|
S. Lane, J. Astrachan, A. Keyt, and K. McMillan
Guidelines for Family Business Boards of Directors
Family Business Review,
June 1, 2006;
19(2):
147 - 167.
[Abstract]
[PDF]
|
|
|
|
|
|
|
D. Miller and I. Le Breton-Miller
Family Governance and Firm Performance: Agency, Stewardship, and Capabilities
Family Business Review,
March 1, 2006;
19(1):
73 - 87.
[Abstract]
[PDF]
|
|
|
|
|
|
|
P. Sharma
An Overview of the Field of Family Business Studies: Current Status and Directions for the Future
Family Business Review,
March 1, 2004;
17(1):
1 - 36.
[Abstract]
[PDF]
|
|
|
|
|
|
|
J. H. Chua, J. J. Chrisman, and E. P. C. Chang
Are Family Firms Born or Made? An Exploratory Investigation
Family Business Review,
March 1, 2004;
17(1):
37 - 54.
[Abstract]
[PDF]
|
|
|
|
|
|
|
K. Cabrera-Suarez, P. De Saa-Perez, and D. Garcia-Almeida
The Succession Process from a Resource- and Knowledge-Based View of the Family Firm
Family Business Review,
March 1, 2001;
14(1):
37 - 46.
[Abstract]
[PDF]
|
|
|
|
|
|
|
S. Manikutty
Family Business Groups in India: A Resource-Based View of the Emerging Trends
Family Business Review,
December 1, 2000;
13(4):
279 - 292.
[Abstract]
[PDF]
|
|
|
|
|
|
|
R. Veliyath and K. Ramaswamy
Social Embeddedness, Overt and Covert Power, and Their Effects on CEO Pay: An Empirical Examination Among Family Businesses in India
Family Business Review,
December 1, 2000;
13(4):
293 - 311.
[Abstract]
[PDF]
|
|
|
|
|
