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Value Capture from Organizational Advantages and Sustainable Value Creation

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  • Pitelis, Christos

Abstract

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.

Suggested Citation

  • Pitelis, Christos, 2009. "Value Capture from Organizational Advantages and Sustainable Value Creation," Papers DYNREG43, Economic and Social Research Institute (ESRI).
    • Handle: RePEc:esr:wpaper:dynreg43
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    References listed on IDEAS

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    1. Christos N. Pitelis, 2007. "A Behavioral Resource-Based View of the Firm: The Synergy of Cyert and March (1963) and Penrose (1959)," Organization Science, INFORMS, vol. 18(3), pages 478-490, June.
    2. Foss, Nicolai Juul, 1993. "Theories of the Firm: Contractual and Competence Perspectives," Journal of Evolutionary Economics, Springer, vol. 3(2), pages 127-144, May.
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    Cited by:

    1. Jakub Kubiczek & Bartłomiej Hadasik & Dominika Krawczyńska & Kornelia Przedworska & Erika Zsuzsanna Madarász & Aleksandra Ryczko, 2024. "Perspective of Created Value in Consumer Choice: Comparison of Economic and Ecological Dimensions," SAGE Open, , vol. 14(1), pages 21582440241, March.
    2. Christos N. Pitelis, 2011. "Foreign Direct Investment and Economic Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 1, Edward Elgar Publishing.
    3. Christos N. Pitelis, 2009. "The Sustainable Competitive Advantage and Catching-up of Nations: FDI, Clusters and the Liability (Asset) of Smallness," Management International Review, Springer, vol. 49(1), pages 95-120, February.

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