The Resource-Based View (RBV) can be successfully employed while investigating the role of relationships in deriving the competitive advantage of supply chains. However, prior studies that invoke this research strand rarely mention the importance of social capital as a valuable asset while establishing the relationships, and thus gaining access to other companies’ resources. In this paper, the concept of structural and relational embeddedness has been employed to offer a systematic conceptual analysis of the resource-based competitive advantages of supply chains. Based on this conceptual reasoning, we then build key theoretical propositions that aid in deeper understanding of how the relationships are shaped by social capital to derive the competitive advantage of supply chains. The findings of the study show that the structural hole is more likely to shape distrusted and closely tied relationships, typical for a resource-based competitive advantage.
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