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Towards a Resource-based Theory of Value Appropriation: An Appropriation Factor Framework

In English

Författare

Summary, in English

This paper highlights the problem resource-based theory faces in explaining value appropriation and proposes a framework that addresses how resources affect bargaining power and value appropriation. The appropriation factor framework presented in this paper states that particular resources, termed appropriation factors, affect bargaining power, and thus the possibility for economic agents of appropriating a larger share of rents. Based on this framework, it is argued that investments in heterogeneous and immobile appropriation factors that facilitate value appropriation through elevated bargaining power can constitute an alternative avenue to sustained competitive advantage.

Publiceringsår

2009

Språk

Engelska

Dokumenttyp

Konferensbidrag

Ämne

  • Economics and Business

Nyckelord

  • Appropriation factors
  • Resource-based theory
  • Value appropriation

Conference name

Academy of Management Annual Meeting, 2009

Conference date

2009-08-07 - 2009-08-11

Conference place

Chicago, United States

Status

Unpublished