Factors Determining the Asymmetrical Division of Value Created by Companies
Abstract
Purpose – The aim of the paper is to identify factors determining the specific division of value created by companies.
Methods – The study utilized a case study approach which compares a pair of companies. The study compared the attitude of other companies and their approach towards the above-mentioned pair, which may be justified by sensitivity of some areas of the issue. The selection of the case study approach results from an early stage of studies on value capturing.
Results – Research results indicate that companies with limited capability for independent transformation of use value into exchange value, insufficient realization of some activities in value chain in relation to needs, and poor tangible and intangible assets, are prone to asymmetrical division of value.
Limitations – In general, qualitative studies precede quantitative ones, and enable more general conclusions to be drawn. Therefore, further studies on a more sizeable sample are feasible in order to reach more applicable conclusions and for them to serve as a basis for actions to be undertaken by companies.
Practical implications – Results of the study allow general guidelines for developing business models and determining direction of development for companies to be established.
Novelty of the study – It seems that the present study is relatively novel due to a short period of interest in value capturing, and consequently, few publications discussing the issue available. Further studies associated with the present issue ought to examine pairs of cooperating entities which divide value asymmetrically. However, it requires methods of collecting sensitive data to be developed.
Keywords
Full Text:
PDFReferences
Benbasat, I., Goldstein, D. and Mead, M. (1987). The Case Research Strategy in Studies of Information Systems, MIS Quarterly, Vol. 11, No. 3, pp. 369–386.
Bromiley, P., Johnson, S. (2005). Mechanisms and Empirical Research, [in:] D. Bergh and D. Ketchen (Eds.), Research Methodology in Strategy and Management, Vol. 2, JAI Press/Elsevier, pp. 15–29.
Dyer, J. H. and Singh, H. (1998). The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage, The Academy of Management Review, Vol. 23, No. 4, (October), pp. 660–679.
Fischer, T. (2011). Managing Value Capture. Empirical Analyses of Managerial Challenges in Capturing Value (Dissertation), Technical University of Munich.
Gulati, R. and Wang, L. O. (2003). Size of the Pie and Share of the Pie: Implications of Network Embeddedness and Business Relatedness for Value Creation and Value Appropriation in Joint Ventures, [in:] V. Buskens, W. Raub and C. Snijders (Eds.), The Governance of Relations in Markets and Organizations (Research in the Sociology of Organizations), Vol. 20, Emerald Group Publishing Limited, pp. 209–242.
Jacobides, M. G., MacDuffie, J. P. and Tae, C. J. (2012). When Value Sticks Around: Why Automobile OEMs Still Rule Their Sector, Industry Studies Association Conference, Pittsburgh, PA, May 29–31.
Khanna, T., Gulati, R. and Nohria, N. (1998). The Dynamics of Learning Alliances: Competition, Cooperation, and Relative Scope, Strategic Management Journal, Vol. 19, No. 3, pp. 193–210.
Koźmiński, A. K. (2004). Zarządzanie w warunkach niepewności. Podręcznik dla zaawansowanych (Management under Uncertainty. Advanced Guide), PWN, Warsaw.
Lavie, D. (2006). The Competitive Advantage of Interconnected Firms: An Extension of the Resource-Based View, The Academy of Management Review, Vol. 31, No. 3, (July), pp. 638–658.
Lavie, D. (2007). Alliance Portfolios and Firm Performance: A Study of Value Creation in the U.S. Software Industry, Strategic Management Journal, Vol. 28, No. 12, pp. 1187–1212.
Miller, K. D. and Tsang, E. W. K. (2011). Testing Management Theories: Critical Realist Philosophy and Research Methods, Strategic Management Journal, Vol. 32, No. 2, (February), pp. 139–158.
Nickerson, J. A., Silverman, B. and Zenger, T. (2007). The “Problem” of Creating and Capturing Value, Strategic Organization, Vol. 5, No. 3, pp. 211–225.
Obłój, K. (2002). Tworzywo skutecznych strategii. Na styku starych i nowych reguł konkurencji (Material Effective Strategies. At the Junction of Old and New Competition Rules), PWE, Warsaw.
Pytkowski, W. (1985). Organizacja badań i ocena prac naukowych (Organization of Research and Evaluation of Scientific Papers), PWN, Warsaw.
Slywotzky, A. J., Morrison, D. J. and Andelman, B. (2000). Strefa zysku: strategiczne modele działalności (The Profit Zone: Strategic Business Models), PWE, Warsaw.
Sułkowski, Ł. (2012). Epistemology and Methodology of Management, PWE, Warsaw.
Vaughan, D. (1999). The Dark Side of Organizations: Mistake, Misconduct, and Disaster, Annual Review of Sociology, Vol. 25, No. 1, pp. 271–305.
Yin, R. K. (2009). Case Study Research: Design and Methods (Applied Social Research Methods), Sage Publications, Thousand Oaks.
Zaborek, P. (2007). Studium przypadku jako metoda badawcza (Case Study as a Research Method), [in:] K. Kuciński (Ed.), Doktoranci o metodologii nauk ekonomicznych (Doctoral Students about the Methodology of Economics), SGH, Warsaw.
DOI: http://dx.doi.org/10.17951/ijsr.2016.5.0.79
Date of publication: 2017-05-23 10:49:41
Date of submission: 2017-05-23 10:26:47
Statistics
Indicators
Refbacks
- There are currently no refbacks.
Copyright (c) 2017 Bogusław Gulski
This work is licensed under a Creative Commons Attribution 4.0 International License.