A method for directly sharing a network stack offload I/O adapter that directly supports resource virtualization and does not require a LPAR manager or other intermediary to be invoked on every I/O transaction is provided. The present invention also provides a method, computer program product, and distributed data processing system for directly creating and initializing one or more virtual resources that reside within a physical adapter, such as a PCI, PCI-X, or PCI-E adapter, and that are associated with a virtual host. Specifically, the present invention is directed to a mechanism for sharing conventional PCI (Peripheral Component Interconnect) I/O adapters, PCI-X I/O adapters, PCI-Express I/O adapters, and, in general, any I/O adapter that uses a memory mapped I/O interface for host to adapter communications. A mechanism is provided for directly creating and initializing one or more virtual resources that reside within a physical adapter, such as a PCI, PCI-X, or PCI-E adapter, and that are associated with a virtual host.