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Vrio Important

In: Business and Management

Submitted By weihang94
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See discussions, stats, and author profiles for this publication at: http://www.researchgate.net/publication/229781501

Knowledge Based Resources, Entrepreneurial
Orientation, and the Performance of Small and
Medium-Sized Businesses, Strategic
Management Journal, Jg. 24, S. 1307-1314
ARTICLE in STRATEGIC MANAGEMENT JOURNAL · DECEMBER 2003
Impact Factor: 3.78 · DOI: 10.1002/smj.360

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2 AUTHORS:
Johan Wiklund

Dean A. Shepherd

Syracuse University

Indiana University Bloomington

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Retrieved on: 06 November 2015

Strategic Management Journal
Strat. Mgmt. J., 24: 1307–1314 (2003)
Published online in Wiley InterScience (www.interscience.wiley.com). DOI: 10.1002/smj.360

RESEARCH NOTES AND COMMENTARIES
KNOWLEDGE-BASED RESOURCES,
ENTREPRENEURIAL ORIENTATION, AND THE
PERFORMANCE OF SMALL AND
MEDIUM-SIZED BUSINESSES
JOHAN WIKLUND1 * and DEAN SHEPHERD2
1

Center for Entrepreneurship and Business Creation, Stockholm School of
Economics, Stockholm, Sweden and Jonkoping International Business School,
¨ ¨
Jonkoping, Sweden
¨ ¨
2
Leeds School of Business, University of Colorado, Boulder, Colorado, U.S.A. and
Jonkoping International Business School, Jonkoping, Sweden
¨ ¨
¨ ¨

While theory suggests that management has discretion in manipulating resources in order to build competitive advantage, resource-based research has focused on the characteristics of resources, paying less attention to the relationship between those resources and the way firms are organized.
In explaining performance, entrepreneurship scholars have focused on a firm’s entrepreneurial strategic orientation (EO), leaving its interrelationship with internal characteristics aside. We
argue...

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