The impact of firm value capture strategies on the sustainability of the value creation process as a whole has been little discussed in the literature. Despite contributions by leading scholars on issues pertaining to value capture and value creation, moreover, we still lack a systematic framework of their determinants. Our purpose in this paper is to propose a conceptual framework for value creation and value capture, explore their relationship, and discuss pre-requisites for sustainable system-wide value creation. We then derive propositions and explore implications of our analysis on business strategy and public policy.
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Paper provided by Economic and Social Research Institute (ESRI) in its series Papers with number
DYNREG43.
Length: 54 pages Date of creation: 2009 Date of revision: Handle: RePEc:esr:wpaper:dynreg43
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