Resource-Based View Factors Driving SME Growth: A Systematic Review

Abstract

This study investigates the impact of Resource-Based View (RBV) variables on Small and Medium-sized Enterprise (SME) growth, identifying key growth drivers and addressing literature gaps concerning their influence on SME competitiveness. A systematic literature review was conducted on studies published between 2020 and 2024, employing a structured methodology that incorporated a comprehensive search strategy, rigorous inclusion and exclusion criteria, and thorough quality assessment of selected studies. The findings identify three core RBV variables—human capital, technological resources, and organizational capabilities—that influence SME growth by enhancing financial performance, fostering innovation, and strengthening market competitiveness. The review highlights research gaps, particularly the need for longitudinal studies and standardized RBV variable definitions. For practical implications, SMEs should prioritize investments in skill development, technology adoption, and strategic resource management. Future research directions should emphasize longitudinal investigations and the integration of external factors with RBV variables to enhance understanding of their growth impact.