Towards a Resource-based Theory of Value Appropriation: An Appropriation Factor Framework
Author
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.
Department/s
Publishing year
2009
Language
English
Document type
Conference paper
Topic
- Economics and Business
Keywords
- 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Unpublished