How value is created, captured and destroyed

Cliff Bowman · Véronique Ambrosini

118 citations0/0 files storedEuropean Business Review

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Reporting and Valuation Research Innovation and Knowledge Management Corporate Governance and Management

Abstract

Purpose The purpose of this paper is to address value and the value‐creation process. It argues that the firm operating in line with investor interests, acts as both a customer and a supplier of value and considers the internal activities that reflect these motivations. Design/methodology/approach A series of propositions are developed regarding the creation, capture and destruction of value. Findings It is argued that two types of value‐creating activities can be identified. In addition there are activities directed at the maintenance of the firm, and the maintenance of its capital stock, and there are activities that destroy value. Value capture is determined by bargaining relationships between stakeholders and their representatives. The paper concludes with some comments regarding value appropriation. Originality/value The paper addresses the critical issue of “value” in the resource‐based view (RBV) and specifically begins to develop the RBV away from its neo‐classical roots.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 118 citations exist upstream.

References

1991Firm Resources and Sustained Competitive Advantage 1994Situated Learning: Legitimate Peripheral Participation.2004Firm resources and sustained competitive advantage 1997Dynamic capabilities and strategic management 1991Situated Learning 1984A resource‐based view of the firm 1991Exploration and Exploitation in Organizational Learning 1983An Evolutionary Theory of Economic Change.

Cited by

2015The Impact of Stakeholder Identities on Value Creation in Issue-Based Stakeholder Networks 2020A Theory of Firm Value Capture from Employee Job Performance: A Multidisciplinary Perspective 2021Why Do Business Organizations Participate in Projects? Toward a Typology of Project Value Domains 2020Exploring the alignment between organization designs and value processes over the program lifecycle 2020Big data prioritization in SCM decision-making: Its role and performance implications 2019Accelerating time to impact: Deconstructing practices to achieve project value

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.