Author(s): Gine Das Prena, Ni Luh Putu Wiagustini, Henny Rahyuda, I Wayan Ramantha
This study will provide an overview of the characteristics of the resource approach that can contribute to strategic management practices and improve the capabilities and competencies of companies to increase competitive advantage through the utilization of resources, both tangible and intangible. The research method used in this paper is based on a historical approach and literature review from the opinions of experts who discuss the RBV theory in relation to capabilities and competencies in creating superior competitiveness.Social capitaland performance of internal processes is an important company capability in improving company performance. Both are intangible assets which in turn are strategic assets that can affect the company's performance. The view of RBV theory provides knowledge of how important internal resources are in achieving competitive advantage. The RBV approach also emphasizes that companies that have good financial performance can survive in the long term. Therefore, this study focuses on the Resource Based View as a view that affects the existence of social capital and internal process performance as a predictor of a company's financial performance