Journal ArticleDOI
A Consumer Perspective on Value Creation
TLDR
In this paper, a consumer benefit experienced viewpoint on value creation complements the value capture orientations of the firm positioning, transaction cost, and resource-based approaches and offers an additional tool for addressing intractable issues in strategic management.Abstract:
I show how company strategies that focus on improving consumer benefits can create value by increasing consumer payments to an entire value system. This “consumer benefit experienced” viewpoint on value creation complements the value capture orientations of the firm positioning, transaction cost, and resource-based approaches. It helps to clarify often-blurred distinctions between value creation and value capture and offers an additional tool for addressing intractable issues in strategic management.read more
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Journal ArticleDOI
Dynamic Capabilities: A Review of Past Research and an Agenda for the Future
TL;DR: The dynamic capabilities view, by addressing the question of how firms can cope with changing environments, has gained increasing attention in the management literature in recent years, not only in the concept's original domain (strategic management) but also in many other areas within business administration as mentioned in this paper.
Book
Invisible colleges : diffusion of knowledge in scientific communities
TL;DR: Invisible colleges diffusion of knowledge in scientific communities is also a way as one of the collective books that gives many advantages as discussed by the authors The advantages are not only for you, but for the other peoples with those meaningful benefits.
Journal ArticleDOI
Value Creation and Value Capture: A Multilevel Perspective
TL;DR: In this paper, the authors 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, and use the concepts of competition and isolating mechanisms to explain how value can be captured at different levels of analysis.
Journal ArticleDOI
Service Research Priorities in a Rapidly Changing Context
TL;DR: In this article, the authors engaged in an international and interdisciplinary research effort to identify research priorities that have the potential to advance the service field and benefit customers, organizations, and society.
References
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Book ChapterDOI
Firm Resources and Sustained Competitive Advantage
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI
Dynamic capabilities, what are they?
TL;DR: Seeks to present a better understanding of dynamic capabilities and the resource-based view of the firm to help managers build using these dynamic capabilities.
Book
The Theory of Industrial Organization
TL;DR: The Theory of Industrial Organization as discussed by the authors is the first primary text to treat the new industrial organization at the advanced-undergraduate and graduate level Rigorously analytical and filled with exercises coded to indicate level of difficulty, it provides a unified and modern treatment of the field with accessible models that are simplified to highlight robust economic ideas.
Journal ArticleDOI
Production, Information Costs, and Economic Organization
Armen A. Alchian,Harold Demsetz +1 more
Posted Content
Production, information costs, and economic organization
Armen A. Alchian,Harold Demsetz +1 more
TL;DR: In this paper, the authors present a set of reprint articles for which IEEE does not hold copyright. Full text is not available on IEEE Xplore for these articles, but full text can be found on the Internet Archive.