Value Creation and Value Capture: A Multilevel Perspective
As an introduction to the special issue topic of value creation, we define value creation in terms of use value and exchange value and discuss some of the key issues related to its study, including the topic of value capture. Although the definition of value creation is common across levels of analy...
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| Published in | The Academy of Management review Vol. 32; no. 1; pp. 180 - 194 |
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| Main Authors | , , |
| Format | Journal Article |
| Language | English |
| Published |
Briarcliff Manor
Academy of Management
01.01.2007
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| Subjects | |
| Online Access | Get full text |
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| Abstract | As an introduction to the special issue topic of value creation, we define value creation in terms of use value and exchange value and discuss some of the key issues related to its study, including the topic of value capture. Although the definition of value creation is common across levels of analysis, the process of value creation will differ based on whether value is created by an individual, an organization, or society. We use the concepts of competition and isolating mechanisms to explain how value can be captured at different levels of analysis. [PUBLICATION ABSTRACT] |
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| AbstractList | As an introduction to the special issue topic of value creation, we define value creation in terms of use value and exchange value and discuss some of the key issues related to its study, including the topic of value capture. Although the definition of value creation is common across levels of analysis, the process of value creation will differ based on whether value is created by an individual, an organization, or society. We use the concepts of competition and isolating mechanisms to explain how value can be captured at different levels of analysis. [PUBLICATION ABSTRACT] |
| Author | Lepak, David P Smith, Ken G Taylor, M Susan |
| Author_xml | – sequence: 1 givenname: David surname: Lepak middlename: P fullname: Lepak, David P – sequence: 2 givenname: Ken surname: Smith middlename: G fullname: Smith, Ken G – sequence: 3 givenname: M surname: Taylor middlename: Susan fullname: Taylor, M Susan |
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| ContentType | Journal Article |
| Copyright | Copyright Academy of Management Jan 2007 |
| Copyright_xml | – notice: Copyright Academy of Management Jan 2007 |
| DBID | AAYXX CITATION 8BJ FQK JBE K9. |
| DOI | 10.5465/AMR.2007.23464011 |
| DatabaseName | CrossRef International Bibliography of the Social Sciences (IBSS) International Bibliography of the Social Sciences International Bibliography of the Social Sciences ProQuest Health & Medical Complete (Alumni) |
| DatabaseTitle | CrossRef International Bibliography of the Social Sciences (IBSS) ProQuest Health & Medical Complete (Alumni) |
| DatabaseTitleList | International Bibliography of the Social Sciences (IBSS) |
| DeliveryMethod | fulltext_linktorsrc |
| Discipline | Business |
| EISSN | 1930-3807 |
| EndPage | 194 |
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| References | Winter S. G. (B40) 2003; 24 March J. G. (B21) 1991; 2 Smith K. (B34) 2005; 48 Huselid M. A. (B16) 1995; 38 Adner R. (B1) 2003; 24 Amabile T. M. (B2) 1996 Bloom B. S. (B4) 1981; 39 Guthrie J. P. (B14) 2001; 44 Whitener E. (B39) 2001; 27 Locke E. (B19) 1995 Teece D. J. (B35) 1997; 18 Brown S. (B6) 1997; 42 Zollo M. (B43) 2002; 13 Wright P. M. (B41) 1992; 18 Kang S.-C. (B17) 2007; 32 Youndt M. A. (B42) 1996; 39 Coff R. W. (B9) 1999; 10 Porter M. (B25) 1985 Lee S.-H. (B18) 2007; 32 Scherer F. M. (B30) 1990 Porter M. (B26) 1990 Bowman C. (B5) 2000; 11 Delery J. E. (B11) 1996; 39 Sirmon D. G. (B33) 2007; 32 Schumpeter J. A. (B31) 1934 Schumpeter J. A. (B32) 1942 McWilliams A. (B23) 2001; 26 Tripsas M. (B36) 2000; 21 Van de Ven A. (B38) 1989 Brown S. (B7) 1998 Helfat C. E. (B15) 1997; 18 Van de Ven A. (B37) 1999 Priem R. L. (B28) 2007; 32 Damanpour F. (B10) 1995 Barney J. (B3) 1991; 17 Felin T. (B13) 2007; 32 Burt R. S. (B8) 1992 March J. G. (B22) 1958 Rindova V. P. (B29) 2001; 44 Eisenhardt K. M. (B12) 2000; 21 Makadok R. (B20) 2002; 27 Post J. (B27) 2002 Nahapiet J. (B24) 1998; 23 |
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| SubjectTerms | Business management Business organization Business studies Competition Organization theory Organizational behavior Strategic management Studies Value Value added Value creation |
| Title | Value Creation and Value Capture: A Multilevel Perspective |
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