Theoretical Foundations of Value Capture

Zusammenfassung

This chapter summarizes the two major strands of literature that explicitly address value capture. Chapter 2.1 defines the terms ‘value capture’ and ‘value creation’ and differentiates the concepts of the two. Chapter 2.2 describes the discussion of value capture in the strategic management literature based on the RBV. Chapter 2.3 describes the treatment of value capture in the innovation management literature on profiting from technological innovation. Finally, Chapter 2.4, presents a resource management perspective on value capture, drawing on both strands of literatures previously summarized, and derives the research questions targeted in this dissertation.