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.
The goal of the research is twofold. First, it aims to reveal the basic modes of governance run by the manufacturer across the examined triadic supply chains. Secondly, the paper compares the groups of triadic supply chains, applying certain modes of governance, including network governance, in terms of the relational benefits and supply chain performance. To investigate the relationship between network governance and the supply chain performance, the Principal Component Analysis (PCA) with Varimax Rotation was used, followed by the cluster analysis and non-parametric tests. The study showed that the triadic supply chains significantly differentiate in terms of the modes of governance. Further findings also indicated that the triadic supply chains that follow the network governance mode consider their performance to be significantly higher in comparison to the supply chains that do not run this type of governance mechanism. Firstly, the research showed that it is difficult to unequivocally reveal the pure mechanisms of governance, undistorted by the influence of another distinct mode in the triadic supply chains. On the contrary, they are more or less influenced by other modes of governance distinguished in the literature. Likewise, it is also important to highlight that the mechanism of governance is inseparably bound with a certain dyadic relationship established between two actors in the wider structure of supply chains. The study also showed that incorporating a clan as a social mechanism of governance together with a market and hierarchy results in increasing the relational benefits and overall performance for both dyads in the triadic supply chains.
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