intangibles, firm performance


Drawing on the intangible resource-based view of the firm, we investigate the difference between high and low performing companies regarding their profile of core intangible resources. The results obtained indicate that on average better performing companies hold higher share of intangible capital on majority of analysed intangible resources and thus may have developed more core competences and capabilities needed for superior performance. The paper contributes to the previous literature as it highlights the existence of intangible resources within the population of firms with common characteristics, which favourably distinguish superior firms from less successful one. For the managers and policy makers gaining a clear understanding of core intangible resources with potential of SCA that determine high performing firms and their tendency to invest in intangible assets can be of crucial importance as it offers some insights for policy design.