Grounding Supply Chain Management in Resource-Advantage Theory: In Defense of a Resource-Based View of the Firm

Shelby D. Hunt, Donna F. Davis

Research output: Contribution to journalArticle

80 Scopus citations

Abstract

This article addresses the issues regarding the usefulness of the resource-advantage (R-A) theory of competition for supply chain management research that are raised in commentaries by Barney (2012) and Priem and Swink (2012). In response, we expand the discussion initiated in Hunt and Davis (2008) that compares R-A theory with the resource-based view, draw similarities between R-A theory and the demand-side perspective, and further explicate the foundations of R-A theory. In doing so this article provides a "way forward" for both SCM researchers and RBV theorists.

Original languageEnglish
Pages (from-to)14-20
Number of pages7
JournalJournal of Supply Chain Management
Volume48
Issue number2
DOIs
StatePublished - Apr 2012

Keywords

  • Competitive advantage
  • Procurement/purchasing strategy
  • Resource-advantage theory
  • Resource-based view
  • Supply chain management

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