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Firm capital: the obscure organizational assets

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  • Robert A. DESMAN

    () (Coles College of Business, Kennesaw State University, Georgia, U.S.A.)

Abstract

Representing the majority of business enterprises, employment, and a substantial portion of the global GDP, collectively, SMEs are significant economic engines. Individually, however, they cannot begin to match the physical and financial, hard capital, assets of their “big business” counterparts. Consequently, their potential growth and survival may depend on how well they can harness the firm capital assets available to them. Firm capital, as defined here, consists of intellectual, customer, structural, cultural, and social capital. This paper explores the sources and uses of firm capital and its role in securing competitive advantage, new income streams, successful leadership transition, and constructive training and mentoring initiatives.

Suggested Citation

  • Robert A. DESMAN, 2009. "Firm capital: the obscure organizational assets," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 19-33, March.
  • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:1:p:19-33
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    File URL: http://www.rmci.ase.ro/no10vol1/Vol10_No1_Article2.pdf
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    References listed on IDEAS

    as
    1. Robert J. Bennett & Paul J. A. Robson, 1999. "The use of external business advice by SMEs in Britain," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(2), pages 155-180, April.
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    More about this item

    Keywords

    firm capital; knowledge management; intellectual capital; human capital; SME.;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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