TY - JOUR
T1 - Grounding Supply Chain Management in Resource-Advantage Theory
T2 - In Defense of a Resource-Based View of the Firm
AU - Hunt, Shelby D.
AU - Davis, Donna F.
PY - 2012/4
Y1 - 2012/4
N2 - 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.
AB - 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.
KW - Competitive advantage
KW - Procurement/purchasing strategy
KW - Resource-advantage theory
KW - Resource-based view
KW - Supply chain management
UR - http://www.scopus.com/inward/record.url?scp=84859904756&partnerID=8YFLogxK
U2 - 10.1111/j.1745-493X.2012.03266.x
DO - 10.1111/j.1745-493X.2012.03266.x
M3 - Article
AN - SCOPUS:84859904756
SN - 1523-2409
VL - 48
SP - 14
EP - 20
JO - Journal of Supply Chain Management
JF - Journal of Supply Chain Management
IS - 2
ER -