Title

The Impact of Human and Organizational Resources on Small Firm Strategies

(with Linda F. Edelman and Tatiana S. Manolova)

Publication

Journal of Small Business and Enterprise Development

DOI*

http://dx.doi.org/10.1108/14626000210438562

Abstract

Smaller less “glamorous” firms are more prevalent in the US economy than high-technology companies. These small firms are known for their inability to erect barriers to imitation, making the development of competitive advantage difficult. In our paper, we study the relationship between firm resources and firm strategies. Based on the contention that the quality of a firm’s strategy cannot be judged independently of the firm resources on which it is based, we examine the relationship between firm resources and strategies in a cross-section of over 250 small firms. Our findings indicate that small less glamorous firms should follow strategies that bring them closer to their customers, rather than innovation strategies that may be more appropriate for their high-technology counterparts.

Disciplines

Entrepreneurial and Small Business Operations | Finance and Financial Management | Human Resources Management

Recommended Citation

Edelman, Linda F., Candida G. Brush, Tatiana S. Manolova. 2002. "The Impact of Human and Organizational Resources on Small Firm Strategies." Journal of Small Business and Enterprise Development 9, no. 3: 236-244.

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