“…As mentioned, the resource-based view (RBV) of the firm predicts that certain types of resources owned and controlled by firms have the potential and promise to generate competitive advantage which eventually leads to superior firm's performance (Wernerfelt, 1984(Wernerfelt, , 1995Dierickx & Cool, 1989;Barney, 1991Barney, , 1995Barney, , 2001aBarney, , 2001bPeteraf, 1993;Chaharbaghi & Lynch, 1999;Fahy, 2000;Priem & Butler, 2001a, 2001bMiller & Ross, 2003;Morgan et al, 2004;King, 2007;Sirmon et al, 2007;Ainuddin et al, 2007). Eisenhardt and Martin (2000), Harrison, Hitt, Hoskisson, and Ireland (2001), Hoopes, Madsen, and Walker (2003), Ireland, Hitt, and Sirmon (2003), Mills et al (2003) and Morgan et al (2004), following Wernerfelt (1984Wernerfelt ( , 1995 and Barney (1986Barney ( , 1991, have examined and categorized resources into tangible resources i.e.…”