A literature review on value creation and value capturing in strategic management studies

Abstract

The purpose of the paper is to carry out a literature review of studies on value creation and value capture in order to find possible gaps that represent still unexplored fields in strategic management. A systematic approach allows a better understanding through an overview of current debate and the identification of research gaps concerning human resources’ value creation and value capturing. Literature review is central since it plays two basic roles: exploratory and confirmatory. In the exploratory role, literature is used to show the current debate on value creation and capturing and to underline the main research streams, while the confirmatory approach allows scholars and practitioners to identify the research gaps and to verify if the current research has achieved satisfactory and/or contradictory results.