The Role of Knowledge in the Value Creation Process and Its Impact on Marketing Strategy

2013 ◽  
pp. 589-600
Author(s):  
Anna Závodská ◽  
Veronika Šramová ◽  
Anne-Maria Aho
Keyword(s):  
Marketing Strategy ◽  
Value Creation ◽  
Creation Process ◽  
Value Creation Process

The value space: how firms facilitate value creation

2016 ◽  
Vol 22 (4) ◽  
pp. 736-762 ◽  
Author(s):  
Martti Lindman ◽  
Kyösti Pennanen ◽  
Jens Rothenstein ◽  
Barbara Scozzi ◽  
Zsuzsanna Vincze
Keyword(s):  
Value Creation ◽  
Process Management ◽  
Content Type ◽  
Creation Process ◽  
A Value ◽  
Multiple Case ◽  
Different Dimensions ◽  
Value Creation Process

Purpose – The purpose of this paper is to investigate the firm’s role in the value creation process. In particular, after categorizing the activities that firms carry out to facilitate the creation of value, the “value space,” an actionable framework within which different dimensions of value creation are integrated, is developed and discussed. Design/methodology/approach – The framework is built up on process theory, an in-depth review of the literature and a multiple case study carried out on 65 European firms in the furniture industry. Findings – The value space is both a practical and theoretically based framework which contributes to the development of a more holistic and “actionable” view on the role of firm in the value creation process; also it provides managers with a tool to support the analysis, management and innovation of the value creation process. Originality/value – The systematic categorization of firms’ activities and their subsequent integration into a value creation framework are a missing piece in terms of understanding the value creation process carried out by firms. Also, by facilitating the analysis and innovation of the value creation process, the framework can be used to support both exploitative and explorative business process management.

scholarly journals Credit Risk and Shareholders’ Value in a Developing Economy: Evidence from Pakistani Banking System

2012 ◽  
Vol 4 (2) ◽  
pp. 87-95
Author(s):  
Ahmed Arif ◽  
Mohammad Afzal .
Keyword(s):  
Credit Risk ◽  
Value Creation ◽  
Panel Data Analysis ◽  
Banking System ◽  
Capital Adequacy ◽  
Loan Loss ◽  
Creation Process ◽  
The Impact ◽  
Value Creation Process

The present study examines the role of credit risk in value creation process in banking system of Pakistan. This study here develops a conceptual model with three antecedents to credit risk. These antecedents are loan loss provision, advances, and capital adequacy ratio. The study analyzes the impact of these antecedents on accounting return on equity (ROE) and market return on shares (ROS). The data come from 20 banks listed on Karachi Stock Exchange (KSE) for 2004-2009. The study includes panel data analysis to analyze the relationship between the selected variables. The results of this study expose a minimal role of credit risk in value creation process in banking system of Pakistan. The results further reveal that banks with higher advances in their portfolio are successful in getting the confidence of shareholders.

Schumpeterian Customers? How Active Users Co-create Innovations

2018 ◽  
Author(s):  
Gernot Grabher ◽  
Oliver Ibert
Keyword(s):  
Economic Geography ◽  
Value Creation ◽  
Value Chain ◽  
New Paradigm ◽  
Creation Process ◽  
Value Creation Process ◽  
Innovation Processes

Up until recently, the role of the customer in economic geography seems to have been confined to a passive recipient of products at the end of the value chain. Innovation, in particular, has been conceived as an affair within and between firms. More recently, however, this traditional perception has been challenged. Consumers, in fact, are no longer seen as mere buyers of commodities but are more and more perceived (and perceive themselves) as competent users who contribute valuable knowledge to innovation processes and who have the power and capacity to intervene at all stages in the value creation process. Value co-creation has emerged as a new paradigm that signifies this transformation of the role of consumers. The prime aim of this chapter is to map out the evolving terrain of value co-creation and to draw conclusions for economic geographical inquiry into innovation processes.

scholarly journals Entrepreneurial value creation: conceptualizing an exchange-based view of entrepreneurship

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Michele Pinelli ◽  
Christian Lechner ◽  
Sascha Kraus ◽  
Eric Liguori
Keyword(s):  
Value Creation ◽  
Design Methodology ◽  
Opportunity Recognition ◽  
Exchange Relationships ◽  
Content Type ◽  
Creation Process ◽  
Marketing Literature ◽  
Value Creation Process

PurposeThis paper proposes an Exchange-Based View of the value creation process. The Borrowing from marketing literature, the EBV advances that entrepreneurs and stakeholders are tied by exchange relationships, through which they co-create value by reciprocally making and realizing promises of value.Design/methodology/approachPropositions are developed and offered to advance the role of exchange in the entrepreneurial value creation process.FindingsThe authors conceptualize the enterprise as a system of exchange relationships between entrepreneurs and their stakeholders, thus proposing an exchange-based view of entrepreneurship.Originality/valueSuch an account of the role of entrepreneurs and of their relationship with the stakeholders has meaningful implications for our understanding of the entrepreneurial tasks of opportunity recognition and exploitation.

scholarly journals Role of Relational intent in B2B channel relations for their exchange valuations

2021 ◽  
Author(s):  
ANINDYA CHAKLADAR
Keyword(s):  
Value Creation ◽  
Resource Sharing ◽  
Distribution Channel ◽  
Creation Process ◽  
Relational Values ◽  
Power And Control ◽  
Fresh Perspective ◽  
And Control ◽  
Value Creation Process

A fresh perspective on value creation process in B2B relations is proposed based on relational intent. The study includes value creation literature and points to relational drivers towards creating relational values and proposes selective antecedents that can decide the intent of a relationship whic decides the value. A conceptual model is built and tested from data taken from Indian steel distribution channel and inferences are drawn. The study points to decrease in effect of power and control in channel and strengthens the resource sharing theories for relational perspectives.

scholarly journals Role of Relational intent in B2B channel relations for their exchange valuations

2021 ◽  
Author(s):  
ANINDYA CHAKLADAR
Keyword(s):  
Value Creation ◽  
Resource Sharing ◽  
Distribution Channel ◽  
Creation Process ◽  
Relational Values ◽  
Power And Control ◽  
Fresh Perspective ◽  
And Control ◽  
Value Creation Process

A fresh perspective on value creation process in B2B relations is proposed based on relational intent. The study includes value creation literature and points to relational drivers towards creating relational values and proposes selective antecedents that can decide the intent of a relationship whic decides the value. A conceptual model is built and tested from data taken from Indian steel distribution channel and inferences are drawn. The study points to decrease in effect of power and control in channel and strengthens the resource sharing theories for relational perspectives.

scholarly journals The role of innovation intermediary organisations in forming value creating meetings: the agri-food firm perspective

2021 ◽  
pp. 1-12
Author(s):  
Lisa Blix Germundsson ◽  
Per Frankelius ◽  
Charlotte Norrman
Keyword(s):  
Value Creation ◽  
Food Sector ◽  
Policy Makers ◽  
Creation Process ◽  
A Value ◽  
Innovation Intermediaries ◽  
Value Creation Process ◽  
Practical Implications ◽  
Intermediary Organisations

The aim of this study is to explore the concept of value creating meetings that connect agri-food firms with other crucial actors with whom they can collaborate or co-innovate, and related to this, examine the role of innovation intermediary organisations in the forming of such value creating meetings. The research design involves three case studies of intermediary organisations, within the agri-food sector in Sweden, each with an adherent case of a value creating meeting. The method comprises data collected through documents, interviews and insider accounts. The findings include the notion that three factors – problem, professionals and platform – are important to combine in order to facilitate value creation. We also show that intermediaries play an important role in the value creation process and that this process could be summarised into four steps: problem recognition, contact creation, dialogue facilitation and value creation. We elaborate on the role of innovation intermediaries, give examples of how value creating meetings could be arranged and what such meetings can lead to in case of outcome. Practical implications for policy makers and agri-food business firms include that intermediary organisations can play an important bridging role in a complex and fragmented context, offering contacts, networks and value creating meetings for targeted actors. Intermediary organisations need to focus on forming value creating meetings, work actively across sectoral boundaries, and allocate adequate resources for mediating efforts.

Deconstructing Talent

2017 ◽  
pp. 83-100 ◽  
Author(s):  
Mambo Mupepi ◽  
Jaideep Motwani
Keyword(s):  
Value Creation ◽  
Competency Model ◽  
Systemic Approach ◽  
Creation Process ◽  
The Moment ◽  
Value Creation Process

The discourse in this presentation is about how talent can be viewed as appropriate techniques and explicit practices enhanced by experience useful in the value creation system. Talent can be deconstructed to progress the necessary efficacy in organization. A limited literature is drawn to understand the role of structures and technology in the value creation process. Value is created anytime an action is taken for which the benefits exceed the costs, or the moment an action can be prevented for which the costs exceed the benefits. A co-constructed competency model can be initiated to comprehend a systemic approach to enhancing performance and the design of strategy to retain talent and nurture the skillfulness and knowing necessary in boosting yields in diversified entities.

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