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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.

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Unpublished