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has been cited by the following article:

• TITLE: The Relationship between Institutional Capital and Competitive Advantage: Literature Review and Future Research

  AUTHORS: Manli Huang, Lihua Cao

  KEYWORDS: Institutional Capital, Competitive Advantage, Resource-Based View, Institution-Based View

  JOURNAL NAME: Open Journal of Business and Management, Vol.4 No.1, January 18, 2016

  ABSTRACT: The conception of institutional capital was first raised by Oliver, integrating resource-based view with institutional theory, which provided new theoretical explanation for the source of competitive advantage. Through extensive literature review, this paper sorts out the definition of institutional capital and explores the paths form institutional capital to competitive advantage based on four characteristics of strategic resources. It points out the directions for future research and puts forward a logic framework and theoretical innovation space in Chinese context.