VALUE CREATION BY FIRMS.
Academy of Management ProceedingsPublished 1 August 1996
Peter Moran, Sumantra Ghoshal
Citations194
SJR score0.14
SNIP0.05
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Abstract
Extant strategy theory focuses largely on the appropriation of value as the basis for explaining and predicting firm performance. We argue that this focus is inappropriate. Drawing on the ideas of Schumpeter, we advance a theory that seeks to explain both the creation and the realization of value by firms.
Keywords
Business, Management and Accounting
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