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Sökning: L773:0960 6491 OR L773:1464 3650 > Högskolan i Halmstad

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1.
  • Björkdahl, Joakim, 1975, et al. (författare)
  • Exploiting the control revolution by means of digitalization: Value creation, value capture, and downstream movements
  • 2019
  • Ingår i: Industrial and Corporate Change. - Oxford : Oxford University Press (OUP). - 1464-3650 .- 0960-6491. ; 28:3, s. 423-436
  • Tidskriftsartikel (refereegranskat)abstract
    • This article explains why firms move downstream to profit from the value they create for customers through improved control. Under certain circumstances, product innovations and services are dynamically interdependent in the sense of improved control creating value for the customer. Since value capture is distinct from value creation, firms may need to change their means of appropriation to profit. Empirically, the article analyses how firms can renew their product offerings by incorporating control technologies into their traditional mechanical engineering products. In contrast to a strand in the recent strategy literature that argues that manufacturing firms should move downstream to deliver complementary services, this article explains these shifts as related to increased control, economies of throughput, value creation, and value capture. The article contributes to the throughput and control technology literature by showing the importance of differentiating value creation from value capture. The increased control by means of digitalization and the discrepancy between value creation and value capture explains why many manufacturing firms will become service firms.
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2.
  • McKelvey, Maureen, 1965, et al. (författare)
  • An evolutionary model of innovation policy: conceptualizing the growth of knowledge in innovation policy as an evolution of policy
  • 2018
  • Ingår i: Industrial and Corporate Change. - Oxford : Oxford University Press. - 0960-6491 .- 1464-3650. ; 27:5, s. 851-865
  • Tidskriftsartikel (refereegranskat)abstract
    • Our purpose is to propose a conceptual model of the growth of knowledge in innovation policy making. We explicitly draw upon evolutionary economics to conceptualize learning as an evolutionary process of the growth of knowledge about policy problems and their solutions. Our model points to the central role of the variation and selective retention of policy alternatives and contributes to the current debate about how to build capacity through and for mission-oriented innovation policies, to address grand social challenges. © The Author(s) 2018. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved.
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