Overviewing and Analyzing of Intangible Resources of Food Industry SMEs in Surabaya – Indonesia
Abstract
Entering the era of free trade, Small and Medium Enterprises (SME) is seen to have strategic role in pushing the
economy growth of a country. Concept of how companies could achieve their excellence performance through the
utilization of resources or well known as Resources based View (RBV). RBV explains the concept of organization
performance through the focus on internal resources owned by companies. This research study was a crosssectional
survey of food industry SMEs in Surabaya. The proposed study population comprised of 112 SMEs.
Based on the average of respondent’s answer for Organizational Resources, it is known that the respondents, who
are the owners of SMEs food industry in Surabaya, assess their ownership of Organizational Resources is high.
Managerial Resources is rated as the highest resources, followed with Technical Resources, while Marketing
Resources is rated relatively low. Future research could expand the dimensions of resources into tangible resources,
in order to have a complete overview of resources of food industry SMEs
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