Dissertations / Theses on the topic 'Value creation'
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Laffey, Desmond Joseph. "Online value creation." Thesis, University of Kent, 2012. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.593897.
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This thesis is based on a related set of nine papers I published between 2004 and 2010. Six of these papers are sole authored and I was the lead author for the three joint authored papers. Four underlying themes are identified which underpin the research I have done. Firstly, market entry through the dot com model which was covered in my first published paper (Laffey, 2004). This paper identified my second research theme, network effects in entrepreneurial markets, covered in Laffey (2005.; 2007b) which examined gambling markets and my third theme, the importance of search and paid click concepts, analysed in Laffey (2007a), Laffey and Sharp (2008) and Laffey et al (2009). My third theme of search then led naturalIy to my final theme, the development of online value creation concepts, which was explored through research into comparison websites (Laffey, 2009c, 2010; Laffey and Gandy, 2009b). The thesis shows how these research themes emerged through the selected papers, how they have developed into my current research and how they offer opportunities for further research. Page
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Fang, Er. "Creating customer value through customer participation in B2B markets : a value creation and value sharing perspective /." free to MU campus, to others for purchase, 2004. http://wwwlib.umi.com/cr/mo/fullcit?p3144415.
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Martinez-Hernandez, Veronica. "Understanding value creation : the value matrix and the value cube." Thesis, University of Strathclyde, 2003. http://oleg.lib.strath.ac.uk:80/R/?func=dbin-jump-full&object_id=21195.
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This thesis is about creating a better understanding of value creation. It proposes 'the value cube', a new framework to describe, how organisations should align and manage their operations, resources, capabilities and competencies with their value propositions to create value. This thesis started with an exploratory analysis in value; as a result several unsolved issues, inconsistencies and weaknesses of current solutions were identified. Based on those, this research proposed two value dimensions - Hard and Soft Value. The value matrix was created by bringing together the two value dimensions and the propositions from Treacy and Wiersema (1996). As a result, six value propositions emerged, To describe the functionality of each value proposition in greater depth, the value matrix was extended into a cube: 'the value cube'. Empirical evidence provided through eight case studies and a workshop-study validates the value cube, establishes the appropriate unit of analysis an d the value cube's footprints. The five research questions of this research conclude that: (1) Value can be deployed in 'hard value' and 'soft value'. (2) The six value propositions of the value cube are valid and two of them 'simplifiers' and 'socialisors' are novel. Thus, the value propositions of the value cube offer a wider scope and flexibility than current frameworks, to describe and/or classify business performance. (3) The value cube can be applied to 'business unit level' or 'whole organisation'; however the application of the value cube at business unit level seems to be more sensible. (4) Therefore, a single organisation can have more than one value proposition. (5) The value cube provides general guidelines or 'footprints' of value creation for its six value propositions. From the beginning of this research, criteria for the evaluation of the quality of the research were developed. demonstrate that this research has satisfactory fulfilled the criteria. Consequently, this Consequently, this research reached the quality standards of constructive/pure research.
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Popesku, Mihajlo. "Clarifying value in use and value creation process." Thesis, University of Nottingham, 2015. http://eprints.nottingham.ac.uk/28558/.
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Current marketing literature, regardless of its underlying paradigm/logic, lacks consensus on how to conceptualise value creation, how to define what it entails, along with by whom, how, where and when it is created (Voima et al., 2010). It is no surprise then that the value creation process is often described as a ‘black box’ (Grönroos, 2011b; Leroy et al., 2013). In this doctoral research the customer’s perspective on value creation has been advocated. Research was conducted using mixed methods in the context of digital camera usage. It was found that value creation process consists of inputs (resources, customer and other socio-economic actors), 5 value creation phases (this is actually the content of black box: usage episode initiation, resource selection, resource adjustment, resource integration and evaluation) and outputs (side effects and value-in-use as a mix of instrumental benefits, experiential benefits, symbolic benefits and sacrifices;). Simultaneously to value creation, each consumption episode provides an opportunity for customer’s episodic learning that can result in customer’s augmented or new knowledge, skills and experience. Research found value to be episodic phenomenon, while value creation consistent with Roggeveen et al. (2012), was found to be cyclical and non-linear, showing how unpredictable the unique value creation path of an individual customer can be. This indicates that a value creation episode can evolve in unique ways depending on the sequence of value creation phases, given that customers may revisit already visited value creation phases (unless resources are not destroyed). In this way, while the study acknowledges the idiosyncrasies of individual customers’ approaches, on the other hand, it provides a theoretically structured view of this inherently idiosyncratic process.
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Nilsson, Alexandra, Ida Lehtinen, and Eleonore Rosenqvist. "The Co-Creation of Value : -An empirical study of value creation in physical bookstores." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2014. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-227057.
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Purpose: The aim of the research is to investigate what successful booksellers provide in store that increase interaction and thereby enhance perceived value for the customers. Approach: The study is based on a combination of using both quantitative and qualitative data, collected through questionnaire and through face-to-face interviews. A deductive approach has constituted the paper as the theoretical framework was constructed upon already existing theories. Findings: The investigated booksellers are working with all of the three interaction facilitators; servicescape, shopping event as well as employee competence to create interaction in store that thereafter through relating, communicating and knowing increase the customer perceived value. The success behind the booksellers is based on their niche and personal approach that is thoroughly implemented in their offerings, which will create a community feeling. The personal relationship with the customers gives a structural support for the communication that in the end increase the knowledge. However, the knowledge renewal was more vital for the employees in order to provide personal service. Practical implications: Brick-and-mortar stores should fully acknowledge the importance of interacting with customers, by implementing servicescape, shopping event and employee competence with a personal touch. It is important to be as physical as possible and use the store as a social meeting place. The store should create a unique atmosphere, where like-minded customers socialize. The employee competence is vital for the brick-and-mortar stores in order to provide personal service. Theoretical implications: Grönroos and Voima’s (2012) Value creation sphere-model was extended by integrating Ballantyne and Varey’s (2006) triangulated value-enable-model into the joint sphere of Grönroos and Voima’s (2012) model. Since both of the models were tested empirically the paper supplies empirical evidence for both of the theoretical models.
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Loos, Nicolaus. "Value creation in leveraged buyouts." [S.l.] : [s.n.], 2005. http://aleph.unisg.ch/hsgscan/hm00142463.pdf.
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Bäckbro, Johan, and Hampus Nyström. "Entrepreneurial Marketing : Innovative value creation." Thesis, Jönköping University, Jönköping International Business School, 2006. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-333.
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Background
Historically speaking, marketing and entrepreneurship has been looked upon as something distinct without any clear relationship. However, in recent years studies on the relationship between marketing and entrepreneurship has increased significantly. Marketers are neither innovative nor entrepreneurial enough in their way of thinking and making decisions. All successful entrepreneurial businesses are based on well thought through marketing. Successful businesses are those who manage to engage in entrepreneurial activities and consider marketing as an important part of that success. The key is marketing and not the product or service.
Purpose
The purpose of this thesis is to investigate and evaluate the entrepreneurial process of marketing a newly started venture, towards the end customer, and how the entrepreneur views the role and importance of marketing in future success.
Method
In order to fulfil the purpose an analysis has been conducted through a holistic multicase study. The cases included inkClub and Cinnober Financial Technology, Two entrepreneurs and their companies which received the awards Entrepreneur of the year and Super Gazell from Ernst & Young and Dagens Industri. These awards are given to entrepreneurs and companies who are characterized by entrepreneurship and growth.
Conclusion
After analysing the empirical data with regards to the theory conclusions could be drawn. The study showed that through exploiting market opportunities entrepreneurs could market themselves in a way that suits the company as well as the potential customers.
There is also a strong correlation between entrepreneurship and marketing and being able to intertwine these two is the key to finding novel ways of marketing. The study also showed that there are some characteristics that fit all entrepreneurs but it is impossible to find a set of characteristics that fits all.
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Lundquist, Filip, and Vera George de. "Value Creation of Mobile Coupons." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-155565.
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AbstractTitleValue Creation of Mobile CouponsBackgroundCoupons have been around for years in traditional paper form where they have for instance been found in grocery stores located directly by the product they offer a discount on. Lately, mobile phones have come to play a greater part of our lives where they are also getting integrated into activities we conduct. This has been of interest for the fast moving consumer goods (FMCG) industry where integration of the mobile phone has arisen to a new phenomenon: mobile coupons that can be transmitted to the mobile phone instead of using traditional paper coupons.PurposeThe purpose of this paper is to examine if and how mobile coupons can create value for Kuponginlösen and its partners.MethodEmpirical data has been collected through interviews, which in turn have been analyzed with a theoretical framework consisting of the Business Model by Amit and Zott (2001).ResultsMobile coupons provide value, not just for Kuponginlösen, but also to its partners consisting of FMCG manufacturers, convenience store chains, food chains, DLF, Mobilab, and GS1. Mobile coupons are an efficient way of distributing offers and complement traditional coupons. Although the popularity of mobile coupons will continue to increase significantly, as for today, they account for a small part of the total coupon market in Sweden.KeywordsMobile coupons, value creation, Kuponginlösen, FMCG industry, m-commerceAbstraktTitelMobila kupongers värdeskapandeBakgrundKuponger har funnits i åratal i traditionellt pappersformat där de exempelvis funnits i livsmedelsbutiker vid produkter de ämnar rabattera. På senare tid har mobiltelefoner blivit en viktigare del i våra liv där de även integrerats i de aktiviteter vi utför. Detta har varit av intresse för livsmedelsbranschen där integration av mobiltelefoner har lett till ett nytt fenomen: mobila kuponger som kan skickas till mobiltelefonen istället för att använda sig av traditionella kuponger.SyfteSyftet med denna uppsats är att undersöka om och hur mobila kuponger kan skapa värde för Kuponginlösen och dess partners.MetodEmpirisk data har inhämtats genom intervjuer som i sin tur har analyserats med hjälp av modellen ‘the Business Model‘ av Amit och Zott (2001).ResultatMobila kuponger skapar värde, inte bara för Kuponginlösen, utan även för dess partners som består av livsmedelstillverkare, snabbköpskedjor, livsmedelskedjor, DLF, Mobilab och GS1. Mobila kuponger är ett effektivt sätt att distribuera erbjudanden och de kompletterar traditionella kuponger. Även om populariteten av mobila kuponger kommer att öka signifikant utgör de i dagsläget en liten del av den totala kupongmarknaden i Sverige.NyckelordMobila kuponger, värdeskapande, Kuponginlösen, livsmedelsindustrin, mobil handel
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Bailey, James Andrew. "Customer learning for value creation." Thesis, University of Nottingham, 2014. http://eprints.nottingham.ac.uk/27763/.
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In value creating contexts, customers often have to be clear about the roles they are required to perform (Kleinaltenkamp et al., 2012; Bitner et al., 1997), and may be required to develop their knowledge and skills in order to participate (Hibbert et al., 2012). This typically necessitates the ability to use and integrate resources in exchange encounters containing social and economic actors (Kleinaltenkamp et al., 2012; Hibbert et al., 2012; Arnould et al., 2006; Sheth and Uslay, 2007) to co-create value for each other (Vargo and Lusch, 2008; Payne et al., 2008). This research adds to the burgeoning literature on customer resource integration that calls for more insights into the roles of customers in creating their own value (Hibbert et al., 2012; Kleinaltenkamp et al., 2012; Arnould et al., 2006). This can help firms to develop an appreciation of the customer value process and design co-creation activities that can support their customers’ capability to create value (Vargo, 2007; Vargo and Lusch, 2004; 2008; Sheth and Uslay, 2007; Prahalad and Ramaswamy, 2004; Payne et al., 2008; Frow et al., 2010). The research has indicated that customers learning styles in do-it-yourself activities reflected learning styles represented in experiential learning theory (ELT) (Kolb, 1984). ELT stipulates that individuals learn by experiencing, reflecting, thinking, and acting. Knowledge is seen as a transformation of experience along two continua: (1) how individuals best grasp experiences (i.e., concrete experience versus abstract conceptualisation), and (2) how individuals best transform experiences (i.e., reflective observation versus active experimentation). The study identified five distinct learning styles adopted by DIY members, which differ along these two continua and are reflective or active-orientated. Adhering to existing typologies, these were labelled as Diverging, Assimilating, Converging, Accommodating, and Balancing styles and helped shape customers’ learning self-management and self-regulation processes and use of learning resources.
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Weir, Kenneth Hugh. "Management accounting and value creation." Thesis, Heriot-Watt University, 2014. http://hdl.handle.net/10399/2870.
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This thesis presents an exploration of a branch of contemporary management accounting practice that is concerned with creating value for an organisation. Scholars within management accounting have highlighted the impact that such techniques have had in changing the practical landscape of organisational practices, but that paradoxically, there is a lack of corresponding empirical and theoretical knowledge about them. Therefore, this thesis examines these contemporary practices: firstly in a theoretical manner, through an examination of underlying theoretical influences, and secondly in practical contexts by analysing two case studies of implementation. The case studies adopt a critical realist framework to examine the extent and effects of accounting change stemming from the implementation of contemporary practice, arguing that within the case study organisations contemporary practices are not as divergent in their use as presented within the extant management accounting literature. Instead, empirical findings suggest that contemporary practices are representative of an extension of traditional management accounting logic. By utilising critical realism, an exploration of the socio-political context of these contemporary practices is also considered.
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Jones, Charles W., Kevin K. Byon, and K. A. Kim. "Value Co-creation in Sport." Digital Commons @ East Tennessee State University, 2017. https://dc.etsu.edu/etsu-works/3968.
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Birmingham, Beth A. "Value Creation and Value Capture in Non-Profit Partnerships." Antioch University / OhioLINK, 2006. http://rave.ohiolink.edu/etdc/view?acc_num=antioch1140809392.
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Olsson, Krister. "From preservation to creation of value." Doctoral thesis, KTH, Infrastructure, 2003. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-3618.
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This report asks the question how to balance thepreservation of cultural built heritage against other publicand private interests in local planning. The aim of the studyis to contribute to knowledge about how different actors valuethe built heritage and how they interact in planning. The studydiscusses how this knowledge can be taken into account inplanning practice. As society develops further into a knowledgesociety, the valuation of local environmental qualities seemsto be more complex than during previous decades. For thatreason the maintenance of cultural built heritage is moredifficult to handle than before. The planning process has bytradition been characterised by a strong public sectorinvolvement and by strict procedural links to the regulationsystem. However, private initiatives have come to play anincreasingly important role in the planning process. Thesechanges have led to a situation where decision-making becomesinformal. The question is if planning functions in such waythat all values represented by different interests areconsidered carefully when decisions are made for preservation,renewal or change of the builtenvironment. There are reasonsto question the notion of citizen representation by localpoliticians and experts of various kinds. The theoreticalfoundation for the study is economic valuation theory, andespecially environmental economics, in combination withnegotiation theory and planning theory. These theories are usedas a starting point for an analysis of different actorsunderstanding of the cultural built heritage, their incentivesfor participating in planning, and, hence, for understandingthe interaction which determines preservation practice.Empirical findings are based on a case study of planning andheritage management in the municipality of Umeå. Itincludes studies of five recently completed planning processesconcerning specific real estate properties, as well as, aquestionnaire directed to a random selection of 1000inhabitants in the municipality. The study concludes that theoutcome of planning to a substantial part is depending of theinteraction and relations between the stakeholders, and, hence,structured by what has developed as the intellectual traditionand context of the city. The study shows that the builtenvironment seen as a public good in general is not fullyacknowledged and understood. Consequently, the private goodcharacteristic of the built environment is stressed inplanning, not only by private actors, but also by the publicsector. Furthermore, the study concludes that one importantissue in the management of the cultural built heritage is todraw on the actorsincentives for preservation, hence,paying more attention to the question of future direct andindirect use of the built heritage. An actor who primarilyfocuses on existence value runs the risk of being situated inthe margin of planning, with no real influence on decisionsconcerning heritage management.
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Aura, Heikki. "The new logic of value creation." Thesis, Linköping University, Department of Management and Economics, 2000. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-700.
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The understanding of value is often described in terms of an industrial view in which value creation is linear, additive process. The emerging view takes a different approach to value creation: it’s interactive, relationships-based and synchronic. But either of these views capture fully the value creating importance of elements present especially in converging industries: coopetition, networks and external relationships. This thesis has been conducted by gathering primary data from telecommunication industry companies in forms of interviews. The studied companies are engaged in numerous different kinds of external relationships and they are viewed as strategically important. Additionally, respondents believed that their companieswere part of a network but no clear illustration of it could be given. For the purpose of describing some of the complexity present, the value network -framework has been developed.
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Hahn, Moritz. "Essays on Private Equity Value Creation." Diss., lmu, 2010. http://nbn-resolving.de/urn:nbn:de:bvb:19-116129.
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CHENG, YUAN, and Xiangyun Xu. "Value creation by doing better procurement." Thesis, Högskolan i Gävle, Akademin för teknik och miljö, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-9524.
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Åsman, Andreas. "Value co-creation via smartphone applications." Thesis, Karlstads universitet, Avdelningen för företagsekonomi, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:kau:diva-36279.
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The purpose of this thesis is to describe how value propositions can be seen as an operant resource in a wireless environment, for service providers’ opportunity to co-create value with their customers. To see how a service provider offer service in a wireless environment interviews have been conducted at Westra Wermlands Sparbank with the focus on service offered through a smartphone application. The findings in the empirical study was that the service provider does not have the opportunity to actively instruct its customers in a wireless environment since the majority of the customers get the smartphone application on their own without processing from the service provider. What the service provider therefore can do is to integrate its instructions into the smartphone application so it is easy to understand and to show the customers what possibilities they have when using it. Thereby the offered value proposition can be seen as an operant resource in a wireless environment. Moreover, the service provider gets the opportunity to co-create value with its customers.
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Sun, Lizhe. "Value creation through modernizing Chinese medicine." Thesis, Massachusetts Institute of Technology, 2007. http://hdl.handle.net/1721.1/42217.
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Thesis (S.M.)--Harvard-MIT Division of Health Sciences and Technology, 2007.Includes bibliographical references (leaves 110-114).
My first hypothesis in this thesis is that there is significant value vested in traditional Chinese medicine that can be captured by converting them into ethical drugs through scientific analysis, screening and validation. Further, holistic treatment is a key difference between traditional Chinese medicine and western-type chemical drugs, which makes Chinese medicine a very valuable category of knowledge. Using mixed formula is a primary method of treatment in Chinese medicine. It is the application of distinctive medical philosophies of Chinese herbal medicines in practices, reflecting the uniqueness and advantages of Chinese medicine. For example, there are 96,592 mixed formula recorded by "Dictionary of Chinese Medicine Mixed Formula" published in 1997. My second hypothesis in this thesis is that value can be created and captured, under the globalization context, from mixed herbal formulas for the mainstream world market with the aid of fingerprint technologies. To enter western markets as officially approved drugs through critical pathways, both scientific and regulatory, Chinese herb drugs must demonstrate sound evidence for safety and efficacy. I address in this thesis one of the central concerns of the pharmaceutical companies and FDA, that is, how quality control and material consistency is assured and how toxicity and drug kinetics of Chinese herbal medicines, either in its raw form, its purified form, its composite extract form or its mixed formula form, may be measured with reasonable scientific certainty and what would be the likely trajectory of further research.
(cont.) My thesis research involves the following aspects: firstly, I characterize, by and through historical review and analysis, the formation of unique Chinese holistic medical philosophy to apply herbal medicines, particularly mixed herbal formulas, to systematically modulate the human body to prevent illnesses, to combat health problems and to restore balanced health; secondly, I performed a comparative study on the regulatory systems between Chinese SFDA and US FDA to provide insights on the trend of harmonic convergence of laws and regulations and challenges going forward, including collection and extrapolation of relevant statistical data; thirdly, I researched emerging fingerprint technologies to address the central issues of standardization, quality control, material consistency, safety and efficacy measurements of Chinese herbal medicines; fourthly, I performed data collection on major Chinese sources of published literatures and patent applications/grants for public and private medicinal knowledge formation, which may be viewed as a surrogate indicator for embedded economic value in the system, to compare trend and gaps between China and developed countries; and lastly, I presented three case studies of development of an-diabetic drugs from herbal sources, to illustrate how value may be created and captured through using modern technologies to tap into the accumulative knowledge base in herbal medicine. The thesis concludes that there are significant values to be captured, by and through cross-border collaborations under the globalization context, from Chinese herbal medicine. Both ethical single molecular entity (singleton) herb-derived drugs and mixed formula herb-derived drugs may be created going forward.
by Lizhe Sun.
S.M.
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McMullin, Nathan K. (Nathan Keith) 1979. "Value creation through intellectual property acquisition." Thesis, Massachusetts Institute of Technology, 2015. http://hdl.handle.net/1721.1/99013.
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Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunction with the Leaders for Global Operations Program at MIT.Thesis: S.M., Massachusetts Institute of Technology, Engineering Systems Division, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 91-93).
After Sanofi acquired intellectual property (IP) from bankrupt Pelikan Technologies it desired to leverage the IP to identify a product concept to enhance the company's portfolio. To facilitate the project, a structured opportunity identification process was utilized. This process consisted of four major steps: Problem Framing, Idea Search, Screen, and Refine. Problem Framing formulated the innovation challenge. Idea Search sourced over two dozen potential opportunities that spanned markets and industries. Using a tournament selection approach, the Screen step filtered the opportunities according technical and strategic objectives. This selected an integrated blood measurement device as the opportunity of focus. This leverages the IP to simplify at-home blood testing while simultaneously reducing pain. The Refine step evaluated the opportunity using a framework that assessed markets, product, competitiveness, economics, and risk. The beachhead market is the diabetes market and potential follow-on markets are oncology, multiple sclerosis, rare diseases, and cardio-metabolic diseases. Key technology elements were assembled into a variety of conceptual approaches and evaluated according to market fit. This identified a conceptual approach that integrates all disposable elements (i.e. lancet and blood test element) into a single disposable cartridge that can be inserted into an electronically actuated meter. The projected financial returns in the beachhead market have a positive nominal NPV. NPV sensitivity was calculated based on estimated cost and revenue item variations. In all cases the NPV remains positive, but this highlighted key drivers of economic performance along with risks that need to be resolved in future development work. With key assumptions identified, Sanofi is in an excellent position to decide whether or not to pursue the identified opportunity. In addition, this project acts as a pilot for a structured opportunity identification process within the company and it is recommended that Sanofi adopt a similar process as part of its product development workflow. Finally, the company should adjust resources and financial commitment to ensure full cross-functional teams can be staffed to execute opportunity identification work. These improvements will enable the company to more effectively execute corporate entrepreneurial activities.
by Nathan McMullin.
M.B.A.
S.M.
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Zhang, Tingting. "Customer Engagement of Value Co-creation." The Ohio State University, 2016. http://rave.ohiolink.edu/etdc/view?acc_num=osu1460036602.
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Carniato, Mattia <1995>. "Value creation a systematic literature review." Master's Degree Thesis, Università Ca' Foscari Venezia, 2020. http://hdl.handle.net/10579/17539.
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Lo scopo di questa tesi è quello di creare una migliore comprensione della creazione di valore, essendo quest'ultimo un concetto multidisciplinare che è stato esaminato in diverse macro aree. Pertanto, è stata condotta una revisione sistematica della letteratura al fine di chiarire la nozione nel suo complesso.
La tesi vuole rispondere a queste domande: cos'è il valore? come viene creato? chi lo cattura? E soprattutto, come possiamo misurarlo?
La creazione di valore influenza molti aspetti di un'impresa, dalle interazioni relazionali al coinvolgimento degli attori, dalla gestione della supply chain all'analisi dei progetti. Non è solo legata ai ritorni monetari; la creazione di valore nasce dalla buona gestione di ogni fase della linea di business che poi, si spera, si traduce in rendite economiche, ricavi e profitti.
Il software Nvivo è stato adottato per condurre un'analisi dei contenuti degli articoli scelti per la revisione sistematica della letteratura. Inoltre, il software è stato utilizzato anche sulle direttive internazionali relativi alla creazione di valore, al fine di capire cosa le aziende dovrebbero fare e non, come generalmente proposto, cosa fanno realmente le aziende.
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E, Cascante Quirós María Jesús, and Natalia Schlothauer. "From Sole-Creation to Co-Creation : Social Marketing Value Creation through Corporate-NPO Collaboration." Thesis, Högskolan i Gävle, Företagsekonomi, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-23453.
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Aim: The aim of this study was to investigate the structure of social marketing within a collaboration between non-profit organisations (NPOs) and business organisations as well as whether this collaboration facilitates the process of social marketing for the NPOs. For this purpose, Austin and Seitanidi´s (2012a, 2012b, 2014) Collaborative Value Creation (CVC) framework was applied to social marketing as value outcome by combining it with Andreasen and Kotler´s (2003) model of the social marketing process in NPOs. Method: A qualitative study was conducted based on secondary and primary data. Hereby, primary data was gathered from a total of seven NPOs and twelve respondents across Sweden by the use of face-to-face and phone interviews. Result & Conclusions: Two main findings were identified in this study. Firstly, within the process of social marketing in a corporate-NPO collaboration the NPOs predominantly plan and design the campaigns independently. Hereby, it is shown that the NPO´s organisational model of operation influences the collaboration structure. Secondly, it is demonstrated that the corporate-NPO collaboration facilitates the NPOs social marketing process. Suggestions for future research: Further investigations of NPOs could be undertaken by distinguishing between their organisational model and area of operation in order to complement the presented theoretical model of the social marketing process in the corporate-NPO collaboration. Additionally, the perspective of business organisations could be considered. Contribution of the thesis: The present study contributes to literature by providing a theoretical model based of the social marketing process in the corporate-NPO collaboration. It demonstrates that this collaboration facilitates the social marketing process of the NPOs.
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Hecking, Stephan Maria. "The relation between schareholder value orientation and shareholder value creation." Doctoral thesis, Universitat Autònoma de Barcelona, 2002. http://hdl.handle.net/10803/3950.
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Greyling, Christoffel Jacobus Coetzer. "Value-based management : shareholder value creation and management / Christoff Greyling." Thesis, North-West University, 2010. http://hdl.handle.net/10394/4780.
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The objective of this study is to evaluate the value drivers that drive the value of companies, as reflected in the share-prices. Through this study, the aim is to draw conclusions on the aspects that drive the share-price of companies. A detailed literature study was performed on the value-creation process that takes place in a company. The literature study has a significant focus on Value-Based Management and the elements that should be considered when evaluating the manner in which companies create shareholder value through the operational activities that are performed. Through applying the principles of value-based management, the management of companies should maximise the value-created for shareholders by utilising company resources in the most effective and efficient way possible. Valuebased management should not be seen as a once-of initiative, but should be ingrained in the day-to-day operating and management activities of companies. The objective of applying value based management principles in a company should be to enhance the value of financial assets through the optimisation of the real assets of the company. Value is created in a company when the company can maintain a return on capital that is greater than the cost of capital. Through the literature study several value-drivers were identified that influence the shareholder value-creation process and that should be managed optimally. These value-drivers have been identified to be (1) sales growth, (2) cash profit margin - earnings before interest, tax, depreciation and amortisation (EBITDA), (3) cash tax rate, (4) working capital, (5) capital expenditure, (6) WACC- the risk and inflation adjusted weighted average cost of capital, and (7) the competitive advantage period. The competitive advantage period is defined as the time during which a company has a positive net present value when discounted at the WACC. Any actions that the management of a company can take to optimise these value-drivers will have a positive effect on the value created for shareholders. The link between shareholder value-creation and share-price was investigated in the literature study. It was found that different factors influence share prices and that some have nothing to do with the company itself, but more with investor sentiment about the economy as a whole and other socio-political factors. The empirical study was based on analysing key value-drivers and financial ratios that were identified during the literature study, in order to establish the relationship between company value-creation and the share-price. The data sample that was used in the empirical study consisted of 55 publicly listed companies that had a net asset value of one billion rand (R1, 000,000,000) or more in 1998. This data sample parameter was chosen in order to consider companies in the empirical study that have significant market presence in the respective industries, sectors and sub-sectors. The time horizon of the empirical study was over a 1 0-year period, from 1998 to 2007. The relationship that exists between the dependent variables of (1) Average Share Price (ASP) and (2) Year-End Share Price (YESP) and the independent variables of (1) net assets, (2) turnover, (3) trading profit, (4) operating profit, (5) profit before interest and tax, (6) Net Operating Profit After Tax (NOPAT), (7) retained profits, (8) free cash flow, (9) Economic Value-Added (EVA), (1 0) Earnings Per Share (EPS), (11) Cash Flow Per Share (CFPS), (12) the price earnings ratio, (13) operating assets, (14) Return On Assets (ROA), and (15) Return On Equity (ROE) were analysed during the empirical study. These dependent and independent variables were chosen based on the insights gained through the literature study and was identified as appropriate to formulate conclusions on the relationship that exists between shareholder value-creation and share-price. The distributions of the above-mentioned variables are discussed in detail and distribution figures are provided to contextualise the spread of the variables and provide background on the data that was used in the empirical study. Although the study of the variables was conducted over a 1 0-year period, from 1998 to 2007, distribution figures for the years 1998 and 2007, are depicted and discussed in order to provide a comparison of the changes that took place over the 1 0-year period.
Due to the nature of the variables analysed during the empirical study, the Spearman Rank Correlation Coefficient is used to measure the relationship that exists between the dependent and independent variables. The Spearman Rank Coefficient is a factor model that explains complex phenomena through a small number of basic causes or factors. Given the relative large number of shares available on the share market, the estimation of dependent, share-price variables cannot be performed without simplification to dimensionality, therefore the use of the Spearman Rank Coefficient. The coefficient of correlation between the dependent and independent variables was calculated for the each of the years over the 1 0-year period and the applicability to explain the relationship between shareholder value-creation and share-price was analysed. Through the statistical analyses and the interpretation of the results, it was concluded that earnings per share and cash flow per share are the most appropriate indicators for estimating the relationship that exists between shareholder value-creation and the share-price as reflected on the share market.Thesis (M.B.A.)--North-West University, Vaal Triangle Campus, 2010.
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Yadav, Shailendra. "Analysis of value creation and value capture in microfluidics market." Thesis, Massachusetts Institute of Technology, 2010. http://hdl.handle.net/1721.1/59276.
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Thesis (S.M. in System Design and Management)--Massachusetts Institute of Technology, Engineering Systems Division, 2010.Cataloged from PDF version of thesis.
Includes bibliographical references (p. 63-65).
Advances in microfluidics in the last two decade have created a tremendous technological value which is shaping genomics; drug discovery; proteomics; and point-of-care diagnostics. The positive impact has resulted in faster analysis time, increased throughput and reduced cost amongst other important benefits. Yet, the life sciences end-users and the microfluidics players themselves are far from fully capturing the value. Author's own observation based on the experience at a leading genomics research institute, where multiple efforts to implement microfluidics technologies hardly succeeded, supports this fact. The failure to fully capture value has serious implications for the vendors developing microfluidics and the researchers employing these technologies. What are the reasons for this failure? What could be done to increase the value capture? Using well-established management frameworks, such as, s-curve, adopter's distribution model, the thesis studied the nature of value creation and value capture. Survey was used to quantify the impact and the diffusion and adoption of microfluidics technologies, as the respective indicators of value creation and value capture. The data support the insight obtained from the conceptual frameworks that microfluidics is still an immature technology. It also shows that immature technology is the primary reason for lack of full value capture rather than the lack of killer application or niche market - commonly reported reasons in the literature. As an immature technology, microfluidics is thus far still only in the hands of users who are innovators and early adopters - the academic laboratories and the research institutes. The application segments which have seen the most value capture are Genomics and Point-of-care diagnostics. The application segment which has seen the least value capture is Drug discovery. This thesis concludes with the recommendations for short and long term strategies for increasing value capture and accelerating the adoption of microfluidics.
by Shailendra Yadav.
S.M.in System Design and Management
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Oesterlin, Ulf. "Value creation and value capture of advanced electricity meter information." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/65815.
Full textAbstract:
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2011.Cataloged from PDF version of thesis.
Includes bibliographical references (p. 107-112).
Advanced or smart metering has been a hot topic in the electricity community for several years. Despite the excitement about the technology, few business cases are actually able to justify the investment cost. One reason for the gap between costs and benefits is that major benefits such as avoided investments have long payback times and are difficult to monetize. However, another aspect which is largely overlooked is the value creation through nonelectricity market related business models. These business models range from advertising over customer profiling up to insurance or juridical usage of data gathered from advanced meters. This paper summarizes the finding of a number of studies on the value of smart meter information on electricity market related benefit and gives an overview of non-electricity market related business models. The paper gives quantitative estimates of the value for electricity related activities such as energy efficiency, avoided investment and dynamic pricing. In additional it provides a qualitative analysis of the value and barriers of nonelectricity market business activities. In addition to this the study also gives a short outlook on how this value might be captured and which players are best positioned to capture significant shares of the total created value.
by Ulf Oesterlin.
S.M.
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Coetzee, Pierre. "The relationship between value co-creation and customer perceived value." Diss., University of Pretoria, 2017. http://hdl.handle.net/2263/59808.
Full textAbstract:
This research considered the relationship between Customer Perceived Value, ultimately a measurement of a firm's Value Proposition, and Value Co-creation, a recent development in Service Science that considers the joint creation of value between customers and firms rather than the traditional exchange value logic of marketing. The Value Proposition was broken down into elements of functional value (Price and Quality), Emotional Value and Social Value; while Value Co-creation was understood across the two dimensions of Value-in-use and Co-production.
A descriptive research design using a quantitative methodology was employed, collecting data from 297 respondents who form part of an online opt-in research panel through the use of an online survey. Perceptions of value and Value Co-creation were collected through the use of two existing measurement instruments proposed in the academic literature, asking respondents about the service interaction they can best recall with a major South Africa clothing retailer in the past three months.
Four research hypotheses were tested through the use of regression analysis, and statistically significant relationships were found between Perceived Value and Value Co-creation as well as Perceived Value and the dimensions of Co-creation, namely Value-in-use and Co-production. Moreover, Value-in-use was found to have a statistically significant greater effect on Perceived Value than Co-production. The research could not establish a differential impact of the dimensions of Co-creation on the dimensions of Perceived Value, i.e. the data did not support that Co-creation has greater impact on certain elements of the Value Proposition than others.
The fourth research hypothesis considered Value-in-use as the ultimate customer outcome rather than a predictor of Perceived Value, and the statistically significant regression model provides support that Co-production can be considered an integral part of a firm's Value Proposition, rather than an underlying construct of Value Co-creation considered separately from the Value Proposition.
The research contributes to the academic literature in validating two research instruments, establishing additional positive consequences of Value Co-creation and adding to the Service Innovation stream of the Value Co-creation literature. Its business implications suggest relooking the way Value Propositions are designed by adding conscious Value Co-creation as a dimension of the firm's Value Proposition, leading to enhancing the customer's Value-in-use which ultimately circles back to improve perceptions of the firm's Value Proposition.Mini Dissertation (MBA)--University of Pretoria, 2017.
ms2017
Gordon Institute of Business Science (GIBS)
MBA
Unrestricted
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Angeldal, Jacob, and Anton Westin. "Value creation from sustainability efforts : How customers’ value creation is affected by providers’ communication of sustainability efforts." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-413758.
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As sustainability becomes a more prominent part of people’s lives, firms that embrace sustainability can create more value for customers. Value has traditionally been seen as being determined by the provider. However, recent theorisations have conceptualised value as being created by the customer with interactions as a key component. The primary way for customers to interact with firms is through indirect interaction – such as when reading labels on product packaging or taking part in advertising. In extant literature, there is a lack of research on how customers’ value creation is affected by interactions with firms – and more specifically – by indirect interaction. The purpose of this study has been to explore how customers’ value creation is affected by providers’ communication of sustainability efforts through indirect interaction. To gain this insight, 12 interviews with customers have been conducted and analysed in four dimensions – general, sustainability, communication and the value creation process. The study found that sustainability efforts were mainly communicated through indirect interactions. Sustainability efforts affected all respondents’ lives and consumption process. Customers valued communication of sustainability efforts that they perceived as being honest, could understand and was presented to them at an appropriate time.
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Fitzhugh, Helen. "The role of organisational values in value creation : comparing social enterprises." Thesis, University of East Anglia, 2017. https://ueaeprints.uea.ac.uk/66835/.
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Social enterprises (SEs) are businesses that aim to create positive change for individuals and society. They are part of a society-wide discussion over how to create ‘social’ value, where the focus is often on finding efficient and effective means of ‘doing good’, but without consistent recognition that ‘good’ is a subjective term. Critical scholarship directs us to pay more attention to this subjectivity. This study explored how beliefs about what is ‘good’ - i.e. values - influence the experiences SEs provide for the people they aim to benefit. The mixed methods exploratory study drew on data from an online survey of SE organisational values and case-situated interviews across 14 English SEs. Quantitative and qualitative data were gathered on organisational values, decision-making and perceptions of value. The multi-faceted analysis approach reflected the influence of applied critical realism on the research design. The study found that certain ‘process’ values - i.e. beliefs about how SEs should operate - were surprisingly common across diverse cases. Coalescing around these values appeared to allow SE practitioners to downplay variation in ‘outcomes’ values - i.e. end-state preferences. While many SE practitioners described their preferences as common sense, clear differences in outcomes values belied claims of neutrality. These findings were used to posit a five point conceptual model of how values influence value creation. This academic contribution underpins two propositions with implications for policy and practice. Where values are instrumental in influencing the design and emphasis of activities carried out by SEs, the political implications of adopting different outcomes values should be more commonly recognised. Secondly, SEs should be aware that for the full translation of their intentions into perceptions of value creation, their activities must align with stakeholder expectations. Both participative and persuasive approaches to bringing about this alignment also carry with them politically significant choices.
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Elali, Wajeeh. "EVA and shareholder value creation : an empirical study." Thesis, University of Westminster, 2007. https://westminsterresearch.westminster.ac.uk/item/91xv0/eva-and-shareholder-value-creation-an-empirical-study.
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In recent years, a variant of residual income often called Economic Value Added (EVA)' or Economic Income (EI) has become a popular concern in academia and business communities. This study investigates the general hypothesis that EVA is more highly associated with shareholder wealth and firm values than are traditional performance measures. Two commonly used value-based performance metrics namely, Total Shareholder Return (TSR) and Tobin's Q are also considered to highlight the valuerelevance of EVA vis-a-vis these measures in predicting shareholder wealth. Using a sample of panel data of around 12,000 firm-year observations taken from the Stem Stewart 1000 EVA/MVA database and the DATASTREAM file over the period 1991-2002, this study finds compelling evidence that shareholder value is a function of EVA. This study also provides evidence consistent with the notion that EVA outperforms other traditional performance measures in explaining shareholder wealth. Valuerelevance tests reveal EVA to be more highly associated with shareholder wealth than TSR and Tobin's Q. The incremental tests also suggest that EVA possesses the largest explanatory power (or information usefulness) over TSR and Tobin's Q. These results conclusively support the claims made by EVA proponents and further support the potential usefulness of the EVA metric for internal and external performance.
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Pojezny, Nikolas Hommel Ulrich. "Value creation in European equity carve-outs." Wiesbaden : Deutscher Universitäts-Verlag, 2006. http://site.ebrary.com/id/10231849.
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Ylitalo, P. (Pekka). "Value creation metrics in systematic idea generation." Doctoral thesis, Oulun yliopisto, 2017. http://urn.fi/urn:isbn:9789526215334.
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Abstract The ability to generate creative new ideas to develop innovative products and optimize processes has become crucially important for organizations’ survival in the competitive and turbulent market environment. The objective of this dissertation was to examine the value creation of systematic idea generation in a quantitative fashion by defining a new evaluation methodology. This called for designing a set of quantitative value creation metrics for creative idea generation. This study aims to enhance current knowledge of idea generation measurement that has so far mainly focused on human judgment-based methods. The goals of this exploratory study were formulated into two research questions. The first addressed the subject from a conceptual viewpoint, while the second involved a single-case study in the automotive industry. Documentation-based approaches were used as the primary means of data collection to maximize the quantitative accuracy of the measurement. Single-case study was selected as the research method because of the deep-level data access required to thoroughly assess an idea generation process. Patent information-based measures were adopted in the case organization to gain insights into the effectiveness of its idea generation process. The research data was collected from the case organization’s management information systems. Data analysis allowed for a fact-based evaluation of the idea generation process, which would not have been possible with traditional qualitative measures. The results demonstrate that idea generation can be measured rigorously like most other processes when proper metrics are in place. Nevertheless, several limitations were identified that must be considered when discussing further applications of the proposed measures in other organizations. This thesis proposes a new analysis method for the creative phase of the product creation process. Future studies could build on this model, for example, by experimenting with the indicators proposed by this study in other contexts or designing a set of “rival” value creation metrics for idea generationTiivistelmä Kyky luoda uusia ideoita innovatiivisten tuotteiden kehitystä ja prosessien optimointia varten on elintärkeää organisaatioiden selviytymisen kannalta vahvasti kilpailluilla markkinoilla. Tämän tutkimuksen tavoitteena oli tutkia arvonluontia systemaattisessa ideoiden luonnissa määrällisin menetelmin kehittämällä uusi arviointimenetelmä. Tässä yhteydessä oli määritettävä joukko määrällisiä arvonluontimittareita luovalle ideoiden luonnille. Tutkimus pyrkii täydentämään olemassa olevaa tietämystä ideoiden luonnin mittaamisesta, joka on tähän asti pääasiassa keskittynyt laadullisiin menetelmiin. Tutkimuksen tavoitteista johdettiin kaksi tutkimuskysymystä. Ensimmäinen kysymys käsitteli aihepiiriä teoreettisesta näkökulmasta, ja toinen liittyi autoteollisuudessa tehtävään tapaustutkimukseen. Empiirisen aineiston keruussa hyödynnettiin ensisijaisesti asiakirjapohjaisia lähestymistapoja määrällisen mittauksen tarkkuuden maksimoimiseksi. Tutkimusmenetelmäksi valittiin yhden tapauksen tutkimus, koska ideoidenluontiprosessin syvällinen analyysi vaatii pääsyä yksityiskohtaiseen yritysaineistoon, mikä ei monitapaustutkimuksessa olisi ollut mahdollista. Ideoiden luontiprosessin tehokkuuden arviointia varten tapausorganisaatiossa otettiin käyttöön patenttitietoon pohjautuvia indikaattoreita. Aineisto kerättiin organisaation tietojärjestelmissä. Aineiston tarkastelu mahdollisti ideoiden luonti-prosessissa tapahtuvan arvonluonnin konkreettisen havainnollistamisen, mikä ei olisi ollut mahdollista perinteisten laadullisten mittarien avulla. Tutkimuksen tulokset osoittavat, että luovaa ideoiden luontia pystytään mittaamaan useimpien muiden yritysprosessien tapaan täsmällisesti, mikäli sovelletaan asianmukaisia indikaattoreita. Tutkimus nosti kuitenkin esiin tiettyjä tekijöitä, jotka rajoittavat tässä työssä esiteltyjen tehokkuuden mittarien käyttöä muissa organisaatioissa. Tämä työ esittää uuden arviointimenetelmän, jota voidaan soveltaa tuotekehitysprosessin luovassa vaiheessa. Aihetta käsittelevät jatkotutkimukset voisivat laajentaa tässä työssä kehitettyä mallia esimerkiksi kokeilemalla esiteltyjen indikaattorien käyttöönottoa muissa konteksteissa tai määrittelemällä vaihtoehtoiset arvonluontimittarit, jotka eivät jaa samoja rajoitteita
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Pojezny, Nikolas. "Value creation in European equity carve-outs." Wiesbaden : Deutscher Universität-Verlag, 2006. http://www.springerlink.com/content/v7v835/.
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Peterson, Meghan. "Cultural entrepreneurship : unlocking potential through value creation." Thesis, University of Exeter, 2018. http://hdl.handle.net/10871/34526.
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This thesis explores the challenges and opportunities of cultural entrepreneurship, exploring current conceptualisations of cultural entrepreneurs and to find new perspectives and recommendations for cultural entrepreneurs of the future. Cultural entrepreneurship is a contested, yet essential aspect of the growth of artists and arts organisations globally. Though there are similarities, this research demonstrates that cultural entrepreneurs from different backgrounds, industries and of varied sizes need different things and have different barriers so cannot be understood in the same way. Digital technologies and local networks do offer new possibilities for innovation however these are limited in scope and require further investigation and investment. Despite psychological, political and financial barriers to entrepreneurship in the creative industries, finding a balance between artistic, social, economic and institutional innovation for the various actors throughout the arts offers key insights to how artists and arts organisations can be more entrepreneurial. Through a grounded theory approach, this research connects previously disparate fields of cultural policy, social entrepreneurship and business model innovation to derive new perspectives of how cultural entrepreneurs can survive and thrive in the dynamically shifting world. Themes that emerged through the data analysis connect in new ways to Cohendet et al.’s (2012) ‘Anatomy of a Creative City’, outlining the underground, middleground and upperground actors; Albinsson’s (2017) theories of the quadruple bottom line in the creative industries; and a value ecosystem’s approach with a focus on value creation (Allee, 2002; Curtis, 2017). From this combination of literature and data collected, a novel approach to understanding cultural entrepreneurs emerges, creating a model to understand more holistically how value is created and captured for the artist or arts organisation. This model has a range of practical approaches intended to provide tangible pathways into combining the concepts of the quadruple bottom line, value ecosystems and different conceptualisations of cultural entrepreneurs, offering a novel contribution to all of these fields in addition to, and most significantly the topic of cultural entrepreneurship.
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PAIVA, BERNARDO RANGEL DA COSTA. "PERFORMANCE AND VALUE CREATION: MERGERS AND ACQUISITIONS." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2014. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=24257@1.
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A presente pesquisa se insere em um contexto caracterizado pela crescente
discussão de geração de valor ao acionista intensificada pela crise econômica
ocorrida entre os anos de 2008 e 2009, que fez crescer diversas dúvidas
relacionadas à doutrina de maximização do valor para o acionista principalmente
no que tange as estratégias para alcançar este objetivo. Neste contexto, a definição
e a escolha da estratégia mais adequada se mostram como diferenciais para
enfrentar os desafios impostos pelo cenário econômico no que tange a questão do
desempenho da empresa e seu retorno para os acionistas. Desta forma, o objetivo
central do estudo foi relacionar as estratégias de crescimento (fusões e aquisições
ou crescimento orgânico) com o desempenho de empresas que passaram por um
processo de fusões e aquisições no período de 2003 até 2013 baseado no indicador
de desempenho definido como Q de Tobin. A pesquisa foi realizada por meio de
testes estatísticos com dados empíricos das empresas de capital aberto, com ações
negociadas na bolsa de valores de São Paulo e avaliou indicadores de retornos das
ações das empresas que foram adquiridas e das firmas que as compraram, bem
como características da transação tais como a forma de pagamento, a quantidade
de compradores, o tamanho relativo entre as empresas e o desempenho destas
empresas medido pelo índice Q de Tobin. Os resultados demonstraram que a base
de dados disponível para o período analisado não é suficiente para chegarmos a
uma conclusão definitiva sobre o impacto das variáveis citadas acima sobre o
retorno das ações.This research is part of a context characterized by increasing use of discussion to generate shareholder value enhanced by the economic crisis that occurred in 2008 and 2009 that has increased several questions related to the doctrine of maximizing shareholder value, especially regarding the strategies to achieve this goal. In this context, the definition and selection of the most appropriate strategy is shown as differential to face the challenges posed by the economic scenario regarding the issue of the performance of the company and its shareholder return. Thus, the main objective of this research was to compare the growth strategies ( mergers and acquisitions or organic growth ) with the performance of companies that have gone through a process of mergers and acquisitions from 2003 to 2013 based on the performance indicator defined as Tobin s Q. The survey was conducted by means of statistical tests with empirical data of publicly traded companies with shares traded on the São Paulo Stock Exchange and assessed indicators of stock returns of companies that went through the acquisition event as well as features transaction such as payment method, the number of buyers, the relative size between firms and the performance of these companies measured by Tobin s Q. The results showed that the available database for the reporting period is not sufficient to come to a definite conclusion about the impact of the aforementioned variables on stock returns.
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Chase, James P. (James Patrick) 1975. "Value creation in the product development process." Thesis, Massachusetts Institute of Technology, 2001. http://hdl.handle.net/1721.1/82217.
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Robejsek, Peter Paul. "Bank value creation, intermediation and managerial ability." Thesis, Durham University, 2014. http://etheses.dur.ac.uk/10875/.
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Research in banking assumes that the production function is either parametric or deterministic in nature. This thesis develops a novel method for the parametrization of efficient frontiers, generalized frontier analysis (GFA), which uses artificial neural networks and the theory of asymmetric loss functions from forecasting to relax these assumptions. Results show that GFA can validly parametrize cost- and shareholder value efficiency (SHVE). This thesis also validates the SHVE concept by demonstrating that SHVE scores are more informative than managerial ability in explaining bank value creation. Moreover, the work examines conflicting theoretical predictions about the relations between opacity, fragility and bank intermediation. These are disentangled using measures of bank opacity and liquidity creation from the recent literature. Since available opacity and liquidity creation proxies may not be mutually exclusive, there is the danger of obtaining trivial regression coefficients. Therefore this thesis focuses on intermediation quality, which is operationalized using efficient frontiers. Results show that both opacity and fragility improve the intermediation quality of banks. Finally, this thesis investigates whether and how bank intermediation activity and managerial ability are related. This thesis hypothesizes, and the data supports, the notion that more able bank managers are both better liquidity creators and more avid risk takers. In addition, the interaction of liquidity creation and managerial ability in crises has thus far not been addressed. While empirical studies suggest that liquidity creation may increase during crises, theory predicts that it may be optimal for banks to reduce intermediation. Analysis shows that more ably managed banks reduce intermediation and risk during the financial crisis as hypothesized. Overall, this thesis contributes to the banking and efficiency literatures by shedding light on heretofore unaddressed questions regarding the intermediation, managerial ability, shareholder value efficiency and opacity of banks and by developing a new method for the parametrization of efficient frontiers.
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Paavola, M. (Miia). "Value creation in platform based service innovations." Master's thesis, University of Oulu, 2017. http://urn.fi/URN:NBN:fi:oulu-201709062844.
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This study results a view to the key elements of value creation in platform based service innovation, the process of service innovation and the creation of value in platform based service innovation. These results will be viewed from a beauty service platform called Timma.
Theoretical contributions are that in value generation process joint sphere can be flexible and occur also in the provider sphere and part of the customer sphere changes to joint sphere. For service ecosystems it is crucial to have good communication and interaction and creating these communications in the back-end phase of development with the customers. Managerial implications are emphasized by communication and interaction, between customers themselves, but also customers and the platform provider.
This study focuses on digital enabled platforms and their value creation and value generation process in the field of beauty services, which leaves space for further research in the field of value creation in digitally enabled platforms.
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Holmkvist, Frida, and Malin Segerud. "Value Creation in Partnerships : in Emerging Markets." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-355509.
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In a global world with an ever-changing environment, expansions of partnerships have been suggested in order to stay competitive. A fundamental goal of partnerships has shown to be value creation. Previous research has focused on value creation in partnerships mainly in developed markets. This study helps to address the gap of value creation in partnerships in emerging markets, by showing how value is created in markets characterized by a complex environment. The purpose of this study was, therefore, to explore how organizations can create value through their partnerships in emerging markets. To begin with, a literature review was conducted. Following by a case study on partnerships in emerging markets in order to explore value creation in these partnerships. Data was collected using seven semi-structured interviews at four different organizations. The researchers have in this study identified different aspects important to create value in partnerships at different stages in emerging markets. A model with three stages have been developed including: starting the partnership, throughout the duration of partnership, and shared value. Identifying and declaring these stages is in itself a contribution to academia, as well as practitioners, since these stages have not been noted in earlier literature.
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Noor, Sabbir Hasan, and Sara Sari. "Co-creation of Brand Value In Startups." Thesis, Linnéuniversitetet, Institutionen för marknadsföring (MF), 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-103996.
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Startups face a wide range of opportunities and challenges when it comes to building their brand value and by extension brand image, due to possessing both limited financial and human resources. Hence, developing a distinct and enduring brand is a critical competitive imperative for them. Evidence exists to suggest that co-creating brand value is an effective means of achieving this. This paper looks at how startups can co-create brand value, through the medium of social networks, that may lead to a favorable brand image. This thesis study adopts interpretivism as its main research philosophy. The thesis is based on inductive reasoning and qualitative research methods through multiple case study research, with a combined research design of explorative and descriptive. The study uses semi-structured interviews and a literature review to collect primary and secondary data. This study suggests that co-creation is a creative and innovative strategy. It is used by companies to co-create brand value through social networks, where factors such as trust, accessibility, flexibility, and commitment, play a substantial role for engagement and brand image building through co-creation.
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Hessels, Stieneke Jolanda Annemarie. "International entrepreneurship value creation across national borders /." Rotterdam : Rotterdam : Erasmus Research Institute of Management (ERIM), Erasmus University Rotterdam ; Erasmus University [Host], 2008. http://hdl.handle.net/1765/13942.
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Bösecke, Kathrin. "Value creation in mergers, acquisitions, and alliances." Wiesbaden Gabler, 2009. http://d-nb.info/993366996/04.
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Wiegandt, Philipp. "Value creation of firm-established brand communities." Wiesbaden Gabler, 2009. http://d-nb.info/997539674/04.
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Liu, Fang-Chun. "Value Creation in the Knowledge-Based Economy." Diss., Temple University Libraries, 2013. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/216553.
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Business Administration/InterdisciplinaryPh.D.
Effective investment strategies help companies form dynamic core organizational capabilities allowing them to adapt and survive in today's rapidly changing knowledge-based economy. This dissertation investigates three valuation issues that challenge managers with respect to developing business-critical investment strategies that can have significant impacts on firm performance and growth in the competitive, information-orientated business environment. Using firm-level data collected from Taiwan, this dissertation examines specific valuation issues that are vital in shaping not only firm performance but also competitive advantages in current knowledge-based economy: (1) investments in information technology (IT), (2) human capital, and (3) corporate governance. To address these three major managerial challenges relating to firm investment strategies, this dissertation focuses on investigating the impact of three sources of business value creation, including IT investment, workforce education, and Chief Audit Executive (CAE) turnover. The results of investigating service infrastructure in the banking industry support the idea that in today's complex, fast moving multichannel business environment, evaluation of the strategic value of IT must consider both the direct impact of individual channels and the complementary relationships between IT-based channels and the traditional branch channel while constructing an effective business strategy to align IT use with firm strategic objectives. The interdependence between channels found in this study has a significant effect on firms' short term profitability and long term market competition capability, suggesting that the true value of IT will be fully realized only when coupled with complementary investments in organizational resources. Second, results of examining investments in workforce and research and development (R&D) activities in IT industries indicate that firms with more highly educated workforces have, on average, better performance. Investment in R&D for improving innovation capability is positively associated with firm performance. More importantly, higher levels of workforce education moderate the impact of R&D investment on firm performance, confirming the hypothesized interdependency between workforce education and firm innovation capabilities. In other words, firms benefit more from investment in R&D activities when they have a higher level of educated workforce. An important strategic implication from the DuPont Analysis is that the complementarity between workforce education and R&D capital reinforces a firm's differentiation strategy. Finally, the results of analyzing CAE turnover in Taiwan public companies show that CAE turnover is positively correlated with executive turnover (Chief Executive Officer [CEO] and Chief Financial Officer [CFO]) and financial restatements, which are commonly viewed as a signal of a troubled business or failure. The study also shows that CAE turnover has a negative impact on contemporaneous and future firm performance, suggesting that, to some extent, changing the head of the internal audit function conveys a negative signal to the market regarding a firm's performance. Given that the CAE monitors and assesses enterprise risk practices, the findings of this study suggest that CAE turnover could be used as an indicator of business volatility and potential business risk. The passage of the governance law which improves the quality of a firm's internal control system is found to reinforce the signaling role of CAE turnover and improve firm performance. The results of this dissertation provide important strategic insights regarding the factors managers should consider when making investment choices that are expected to align with a firm's long term development and performance. This dissertation complements literature in managerial accounting and information systems, particularly contributing to business value of IT investment, human capital, and internal audit research streams. It also addresses regulatory implications for policy makers such as regulating relevant disclosures of company information for interested parties and developing a regulatory environment that minimizes regulatory barriers which can suppress businesses and economy growth.
Temple University--Theses
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Reinaker, Andrew Dennis. "INTERNAL CUSTOMER VALUE CREATION AND COMMUNICATION CHOICES." Diss., Temple University Libraries, 2017. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/465702.
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Business Administration/MarketingPh.D.
Understanding why organizational stakeholders choose to communicate company-relevant information to others in their network is an area of ongoing interest to both academics and practitioners. This dissertation advances internal marketing literature by conceptualizing employees as internal customers and modeling their communication behaviors as value exchanges. Communication choices were hypothesized to be based on the perceived values of available communication options, deriving influence from both employee internal characteristics and situational variations in the decision context. This framework was applied and analyzed within two contexts. The first essay examined the dynamics of internal customers’ propensity to “blow the whistle” on peer misconduct to organization higher-ups. These studies revealed that employees disclosed or withheld firm-damaging information based on the social and functional value characteristics presented in available communication options. The second essay examined the motivating factors behind front-line employees’ decisions to convey brand information to external customers. These studies showed that employees were driven by factors affecting the perceived intrinsic value of engaging in discussions about the brand topic, as well as the perceived extrinsic value of rewards expected as a result of having such customer interactions. Overall, this dissertation suggests that companies may enable the diffusion of company information by creating conditions that increase employees’ perceived value of engaging in brand communications.
Temple University--Theses
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Constandache, Andra Raluca <1995>. "Value co-creation in the outsourcing paradox." Master's Degree Thesis, Università Ca' Foscari Venezia, 2020. http://hdl.handle.net/10579/17534.
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WHAT OPTIMIZES INNOVATION IN OUTSOURCING, CONSIDERING THE OUTSOURCING PARADOX? How precise must be the instructions form company A to company B for an optimal result? OUTSOURCING PARADOX - A company develops the "perfect" set of tasks for their outsource manufacturer - with detailed requirements, frequencies and measures. However, micromanaging the process with precise instructions does not optimize the outcome. VALUE CO-CREATION LITERATURE - Service Dominant Logic - Optimization of innovation occurs when value is co-created between agent A and agent B, after aligning norms and institutions. Applying SDL and institutions (Vargo, Lusch, 2016) to the outsourcing process between two agents, will allow the paradox to transcend. The company's “perfect system” fails as it is not one designed by the provider of the service. By introducing a different logic to look at innovation through outsourcing managers are able to re-frame the problem in a way that shows the complementarity of the two sets of tensions and extremes into an iterative value co-creation process, after aligning norms and institutions.
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de, Verdier Below Tim, Florian Istrefi, and Arvid Karlefors. "Value co-creation in a digital world : A case study on a Swedish online retailer implementing value co-creation." Thesis, Internationella Handelshögskolan, Jönköping University, IHH, Företagsekonomi, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-48711.
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Background: In the past, the majority of products were sold in the retail industry through physical stores, making it possible for customers to interact and be personal with the retailers. The development of technology has made retailers move their operations to an online environment. Problem: The problem of this paper is how companies that operate in an online environment can create relationships with their customers in the context of value creation. There exists limited research on how online retailers can create value creation and co-creation through e-commerce and m-commerce. Purpose: This research aims to investigate what actions that are influencing value creation and value co-creation between firm and customer in the online sector of e-commerce and m-commerce. The thesis will examine if there exists a difference between e-commerce and m-commerce in terms of value creation and co-creation. Method: This thesis is based on a qualitative research approach, the empirical findings were collected through an interview with the CEO of Please the Swede (PTS), followed up with six semi-structured interviews with the company's customers. Results: It is evident that PTS carries out two different value-creating actions that enable the company to co-create value with its customers in e-commerce and m-commerce. Customer service and social media were identified as the two services that co-create value. It was also concluded that it did not exist any differences in terms of how value co-creation was created through PTS e-commerce and m-commerce.
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RE, Beatrice. "Value co-creation processes in circular entrepreneurship: a problematizing review of value co-creation and a mixed-methods study." Doctoral thesis, Università degli studi di Bergamo, 2022. http://hdl.handle.net/10446/224731.
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The present doctoral research addresses value co-creation processes in a timely context, i.e., circular entrepreneurship, and it relies on a mixed-methods research design including an exploratory qualitative study and a subsequent quantitative one. The thesis is composed of three interrelated chapters, each of which constitutes a paper with its structure.
The entire work is rooted in the value co-creation theory, which has been developed in service marketing literature with the seminal work by Vargo and Lusch (2004) and it has influenced many research streams in other disciplines such as strategic management. The theory evolved over time, and it has been further revised and improved in service marketing by the authors themselves. However, the concept of “value co-creation” still appears blurry and it is one of the most elusively used concepts in Management.
the first chapter of this thesis proposes a review about value co-creation based on the problematization approach, with the aim to improve the value co-creation theory and at offering a better conceptualization of value co-creation encompassing diverse research fields in Management.
The second chapter consists in an empirical work aimed at investigating value co-creation within dyads of actors through an ecosystem perspective. More precisely, this paper contributes to the entrepreneurship literature as for the empirical analysis of the mechanisms through which circular small and medium-sized enterprises co-create value with their key actors. The unit of analysis is represented by the dyadic co-creation processes including forms, mechanisms, and process output. This chapter represents the exploratory and qualitative step of a mixed-method study, and its final output consists of an empirical model of value co-creation and in a set of research propositions.
The third chapter departs from the empirical model developed in the second chapter, and it aims to verify whether the emerged findings are generalizable, by testing the formulated series of hypotheses concerning the relationships among the variables of the theoretical model. To this end, we employed data collected through a survey administered to a representative sample of 80 European-born circular firms, and we tested the relationships among the variables by adopting the PLS-SEM technique.
This dissertation presents a twofold contribution, both theoretical and managerial. From the theoretical perspective, we advance the co-creation theory by offering assumptions with the potential to open on new ways of thinking about co-creation in Management. We also contribute to the growing literature about circular entrepreneurship. From the managerial perspective, this dissertation aims at making circular entrepreneurship and managers reflect upon the value creation stemming from the establishment of value co-creation processes with key actors within and for the ecosystem. Involving actors in a circular business through co-creation processes can represent the path to transition towards the circular economy paradigm.
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Mattias, Hjelm, and Sven Rauws. "Value co-creating activities in micro-level healthcare : A qualitative study of value co-creation in dental care." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-355003.
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This research paper explores the value co-creating activities from a micro-level healthcare perspective by investigating value co-creation in dental clinics. Previous research on the subject of co-creation of value has directed its focus to higher-level healthcare with advanced illnesses, chronic diseases and complicated processes with many interactions. This research paper expands the theoretical research and provides valuable practical insight for dental clinics by adding a perspective where there is a low level of interaction. Through interviews with dentists and a focus group discussion with patients it is concluded that the co-creating activities of: cooperating, colearning, collating information, integrating networks, providing options, and designing environments, are present on the micro-level healthcare. Furthermore, contrary to existing literature, it is concluded that the co-creation is commonly instigated by the dentist rather than the patient, and that the value co-creation can also be active on a psychological level, and not solely through physical interactions and activities.
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Talwar, Rohit. "Unrequited value : the role of curiosity and individualised escape in value creation." Thesis, University of Birmingham, 2018. http://etheses.bham.ac.uk//id/eprint/8348/.
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In marketing, value is linked to products and services, and studied in known contexts from the perspective of customers and companies. This thesis draws attention to value creation through new fleeting offerings that are yet to be studied in marketing. These objects are presented here as 'branded installations'. These installations are unforeseen and offer experiences to people if they choose to interact with them. This study urges for the recognition of fleeting, interactive experiences offered to people and the impact they have on value for brands. This study, therefore, examines the value generated by branded installations. It offers an understanding of new experiences that lack context for consumers. Qualitative analysis establishes the need for curiosity in brand value creation. This thesis benefits from the theories of conceptual art and examines consumer experiences in unexplored contexts. The experiences led by branded installations are presented as highly-individualised escape: as ' secret' escape, 'accidental' escape from marketing, and opportunities of play and escape offered by branded installations. The marketers' perspective along with consumers' response have together led this thesis to present 'Unrequited Value' for brands as their attempts to shine through the clutter of marketing largely fails as consumers personalise their escape.