Search results for "USEFUL PERSPECTIVE"

THE DEVELOPMENT OF THE RESOURCE BASED FIRM BETWEEN VALUE APPROPRIATION AND VALUE CREATION

2005

Various authors have brought forth the idea that the increase in context turbulence and the relentless change in today’s economic and competitive environments have rendered it essential for an effective firm strategy to combine both value appropriation and value creation (Porter, (1996); Moran & Ghoshal, (1999); Venkataraman & Sarasvathy, (2001); Hitt et al., (2001b). Nonetheless, the methodological bases and the assumptions that characterize contributions concerning value appropriation and value creation are notably different and in many respects opposite to one another. These profound methodological differences hinder the possibility of a combined consideration of value appropriation and …