Value Creation Dynamics Research Articles

Empowering Collective Intentionality: A Framework for Social Change Through Group Consciousness

Communities face increasingly complex social and technological challenges, and traditional approaches to problem-solving often fall short. We can unlock innovative solutions that transcend individual limitations by tapping into the collective consciousness. The representatives of societies must understand the dynamics of social value creation to initiate social change mechanisms. The framework presented in this article combines insights to guide the process of cultivating group consciousness. It is developed on the foundations of Freudian consciousness and Jung’s idea of collective unconscious and unfolds the formation of group values in respective stages of interactive, collective, and transcendent consciousness.

The Interplay of Values and Skill: How Do They Impact Graduates’ Employability?

The purpose of this research is to explore the development of values and skills throughout university education and their subsequent manifestation in the workplace, with a particular focus on the impact on graduates’ employability and the creation of value for society. The study’s research question probes the dynamics of values, skills, employability, and social value creation by analyzing and evaluating the main missions of universities, which essentially involve teaching, researching, and extracurricular activities. An exploratory factor analysis is used to extract the relevant factors of graduates’ performance. A progressive model is developed pointing out the interplay of values and skills that lead to professional performance. The research comes up with practical and theoretical implications. It seeks to provide helpful findings for higher education institutions, industry, and policymakers in promoting the enhancement of graduates’ values and skills, ensuring their successful transition into the job market and generating long-term societal benefits.

A Bibliometric Analysis of Value Creation and Capture in Biomedical Engineering Research

The field of biomedical engineering has brought about a paradigm shift in healthcare, revolutionizing the creation and appropriation of value within the medical sector. This study delves into this transformative phenomenon by conducting a comprehensive bibliometric analysis of the biomedical engineering literature, aiming to elucidate the landscape of value creation and capture. Utilizing bibliometric tools and VOSviewer, we analyzed data from the Scopus database spanning from 2000 to 2024. Through citation analysis and keyword co-occurrence, we identified key authors, articles, journals, countries, and emerging trends in the realm of value creation and capture in biomedical engineering. Our findings not only shed light on the current state of research but also pinpoint areas for future investigation, thus contributing to the advancement of knowledge in this field. This paper serves as a roadmap for researchers, providing valuable insights into the dynamics of value creation and capture in biomedical engineering, and paving the way for future research endeavors

Measuring Value Creation and Appropriation in the Brazilian Power Distribution Industry

Value creation and appropriation is a common study topic in the context of creating superior value in relation to competitors but is seldom applied in the context of regulated markets. Regulators must create a truly sustainable market environment by promoting a balanced value appropriation among all stakeholders. The objective of this research is to introduce the application of the VCA (Value Creation and Appropriation) method for measuring value creation and appropriation by stakeholders in regulated markets, with the illustrative case of the Brazilian power distribution market. By applying this methodology, we could test 3 specific hypotheses and found that (1) in most scenarios there is no significant difference in the creation and appropriation of value between state-owned and privately-owned companies, (2) despite complains presented by Distribution Companies, there are no indication that the value created and appropriated by stakeholders decreased over time, and (3) the regulatory intervention introduced by the Brazilian government in 2012, to try to force energy price reductions, unequivocally affected the dynamics of total value creation and value appropriation. This paper contributes to both scholars and practitioners and the proposed methodology can serve as a powerful benchmarking tool, especially as a means for policymakers to assess the maturity level of their local market regulation.

Spatial variation of the determinants affecting urban land value in Thiruvananthapuram, India

PurposeLand value varies at a micro level depending on the location’s economic, geographical and political determinants. The purpose of this study is to present a comprehensive assessment of the determinants affecting land value in the Indian city of Thiruvananthapuram in the state of Kerala.Design/methodology/approachThe global influence of the identified 20 explanatory variables on land value is measured using the traditional hedonic price modeling approach. The localized spatial variations of the influencing parameters are examined using the non-parametric regression method, geographically weighted regression. This study used advertised land value prices collected from Web sources and screened through field surveys.FindingsGlobal regression results indicate that access to transportation facilities, commercial establishments, crime sources, wetland classification and disaster history has the strongest influence on land value in the study area. Local regression results demonstrate that the factors influencing land value are not stationary in the study area. Most variables have a different influence in Kazhakootam and the residential areas than in the central business district region.Originality/valueThis study confirms findings from previous studies and provides additional evidence in the spatial dynamics of land value creation. It is to be noted that advanced modeling approaches used in the research have not received much attention in Indian property valuation studies. The outcomes of this study have important implications for the property value fixation of urban Kerala. The regional variation of land value within an urban agglomeration shows the need for a localized method for land value calculation.

Unpacking Value Creation Dynamics in Journalism Education. A Covid-19 Case Study

ABSTRACT The physical closure of universities and university colleges due to Covid-19 has accelerated the digitalization of journalism teaching to a record speed. The pandemic, and the severe restrictions on-campus attendance, radically altered J schools’ value proposition to their students, turning the teaching of practical journalistic skills primarily into a forced blended learning experience. This study, through proposing a conceptual model for unpacking value creation dynamics in journalism education, explores this shift and how journalism students responded to it. We find, through applying the model to a multiplatform journalism course at the bachelor level, that the online teaching environment was experienced as being inferior to physical teaching, despite the availability of flexible digital learning resources that students could use at their convenience. Ample opportunities for online interaction between students and teachers were not a satisfactory substitute for physical campus teaching. This study questions how, based on this, face-to-face interaction between journalism students and teachers best can be replaced, especially in terms of creating a safe learning environment and facilitating students’ learning by doing.

The application of digital twin technology in operations and supply chain management: a bibliometric review

PurposeThe application of digital twins to optimise operations and supply chain management functions is a bourgeoning practice. Scholars have attempted to keep pace with this development initiating a fast-evolving research agenda. The purpose of this paper is to take stock of the emerging research stream identifying trends and capture the value potential of digital twins to the field of operations and supply chain management.Design/methodology/approachIn this work we employ a bibliometric literature review supported by bibliographic coupling and keyword co-occurrence network analysis to examine current trends in the research field regarding the value-added potential of digital twin in operations and supply chain management.FindingsThe main findings of this work are the identification of four value clusters and one enabler cluster. Value clusters are comprised of articles that describe how the application of digital twin can enhance supply chain activities at the level of business processes as well as the level of supply chain capabilities. Value clusters of production flow management and product development operate at the business processes level and are maturing communities. The supply chain resilience and risk management value cluster operates at the capability level, it is just emerging, and is positioned at the periphery of the main network.Originality/valueThis is the first study that attempts to conceptualise digital twin as a dynamic capability and employs bibliometric and network analysis on the research stream of digital twin in operations and supply chain management to capture evolutionary trends, literature communities and value-creation dynamics in a digital-twin-enabled supply chain.

Creating value from Big Data: a knowledge assets-based view

ABSTRACT The attention of the academic and professional world to the potential benefits of Big Data is growing, as well as the awareness that they can represent fundamental drivers of organisational value creation. Indeed, Big Data is a critical intangible resource and source of value for organisations that can support the achievement of superior performance. Understanding the value of Big Data and how it contributes to value creation mechanisms defines an important area of research that needs to be further developed. The paper analyses the links between Big Data and organisational knowledge assets and proposes a framework to explain how Big Data contributes to organisational value creation mechanisms. It also highlights the role of knowledge assets as factors that influence the use, development and deployment of Big Data for organisational value creation dynamics.

A System Dynamics Analysis of Value Creation in Project Context

The focus of this paper is on analyzing the value creation dynamics in the project implementation phase. By value creation, we mean the activities, processes, and strategies that the project team uses to increase benefits and/or reduce costs in the project. By synthesizing the literature on project management and system dynamics, we developed a simulation model with various structures underlying project dynamics. We considered four structures that influence project realized value: project team features, project characteristics, project controls and value creation processes, and project remedial actions due to ripple effects. The resulting model can systematically examine the interplay of value creation processes: work progression, rework, redesign and innovation, and rescheduling. We used the model to explain how the project team’s capability, motivation, and speed of making the best-for-project decisions ensure that the value creation goals are met. We simulate various scenarios that show the significance of the processes and their influencing structures on the realized value. The results present how endogenous and exogenous drivers of system behavior unfold over time and provide a richer understanding of the effect of various model structures such as project complexity and uncertainty on value creation.

Green credit, green reputation, and corporate financial performance: evidence from China.

The article combines green credit and the performance of listed banks in a theoretical and empirical analysis to explore the intrinsic correlation between the two and find the intrinsic motivation for banks to implement green credit. The article first reviews the current status of green credit research and theories related to green development in China and other countries and then analyzes the dynamics of green credit development and value creation, as well as the mechanisms by which green credit improves the financial performance of listed banks. Finally, the article explores the impact of green credit on the financial performance of listed banks through empirical analysis. Through a panel data model, this paper analyzes data related to 19 listed banks in China from 2008 to 2017 to investigate the impact of green credit on the financial performance of listed banks. This study has shown that the green credit ratio, as an indicator of the amount of green credit implemented by listed banks, will positively impact financial performance. But the impact of the current period and the one-period lag is more significant, while the effect of the two-period lag is not significant. The second major finding was that when green reputation is used as an indicator to measure the quality of green credit implementation of listed banks, listed banks' financial performance can be significantly improved. Besides, this study has also found that green credit implementation generally has different impacts on different types of banks.

Sharing economy platform firms and their resource orchestration approaches

Drawing upon key insights from the resource orchestration framework as a dynamic perspective on the resource-based view (RBV), we investigated the value creation dynamics found in sharing economy platform firms. By performing multiple-case analyses on platform firms operating in the sharing economy in China, we identified three main mechanisms by which sharing economy platform firms orchestrate their external resources (i.e., crowds of suppliers and consumers) to create value and gain a competitive advantage—constructing on-demand resource adaptation, building big-data-driven network effects, and enabling ecosystem resource coordination. We contribute to the emerging literature on the sharing economy while extending the RBV to the digital platform context, in which the value creation process is significantly shifted to beyond the boundaries of the firm.

Financial knowledge for corporate boards: what should board members know?

Although there is a vast body of research on corporate governance and corporate boards, no one seems to have addressed yet the following question: What should corporate board members know of financial theory and practice to properly discharge their fiduciary responsibilities? The lack of reflection on this issue is somewhat surprising given the central role financial matters are supposed to play in board’s discussions and decision making. The objective of this study is to offer a first reflection on this question. Different views of what a corporation is and who “owns” it, whether it is only shareholders or also a broader set of other stakeholders, result in different requirements concerning the financial knowledge board members should have. One such view is agency theory which considers that the main role of management is to create value for shareholders. From this perspective it will follow that board members should understand primarily the dynamics of value creation, with the concomitant focus on long-term strategy formulation. Another view is stakeholder theory which stresses the importance of the survival of the corporation. In this case the board should be conversant primarily with short term financial management, specially cash or liquidity management. The counterintuitive result is that when the board gives priority to the interests of shareholders, in opposition to the interests of other stakeholders beyond what law and good commercial and management practice recommends, it should focus primarily on long time value creation, while the more inclusive stakeholder view requires more attention on short-term cash management.

Dinámicas de Desigualdad y Disputa Territorial de Escala en los Nodos Fronterizos del Espacio Económico Sur Andino: Estudio de Caso de las Ferias de Comercio Popular en la Ciudad de Tacna (Perú) / Dynamics of Inequality and Territorial Dispute of Scale in the Border Nodes of the Southern Andean Economic Area: a Case Study of Street Markets in the City

Este material tem como objetivo demonstrar a dinâmica da desigualdade produzida pela disputa territorial de escala em torno dos nós fronteiriços no espaço econômico do sul dos Andes. Entre os vários nós comerciais que o sul andino apresenta, consideramos o estudo de uma feira popular na cidade de Tacna (Peru) como um estudo de caso para apontar a dinâmica da desigualdade produzida pela disputa territorial entre a escala global e a escala local. Dessa forma, por meio de uma estratégia metodológica quantitativa, apontaremos a desigualdade produzida em torno de três categorias principais: dinâmica de criação de valor, dinâmica de sindicalização e dinâmica de criminalização.

Approach to Designing Systems for Delivering Value

AbstractHow value emerges from the interactions between different classes of stakeholders (like customers, service providers, suppliers, acquirers and so on) and the ways and means to enhance the interactions is a phenomenon that is increasingly becoming a significant game changer in any human endeavor. Increasingly, stakeholders expect something of interest to emanate for them whenever they participate in an endeavor. This thing that the stakeholders wish to create or experience is subjective and every stakeholder has their own perception of what this thing is. It is often the case that the thing that enthuses a stakeholder is the perceived value that they feel they can obtain; and the thing that they experience or create when participating in the endeavor is the actual value. In this situation, stakeholders often try to minimize the gap between their perceptions and actuals. This is often difficult to achieve as the notion of what is of value is time and stakeholder dependent. In order to address these issues, in this paper, a systematic approach to facilitate stakeholder value creation is presented and the underlying rationale for the approach discussed. This approach is based on the premise that in all human endeavors, goal or purpose of the endeavor, human centric processes, quality of these human‐centric processes, outcomes and the quality of the outcomes determine the value that different stakeholders create or experience. It is essential to understand, establish and articulate the right value influencing factors and criteria so that value is created for all stakeholders. This is further substantiated by the system value cycle wherein value created by the stakeholder by utilizing one or more systems. A set of eight different processes to institutionalize the stakeholder value creation dynamics is also presented to aid in the value co‐creation, sustenance and transformation.

Dynamics of Innovations and Value Creation in Small Business by Diffusion of Digital Marketing

The digital arena is now seeing a swift transformation into a platform for marketing and communication, with an increasing number of apps scouting for ways to bridge the gap between brands and audience. The marketers thus have to focus on right sources that can help them to reach their target audience optimally, even in the gaming space. The study focused on the impact of digital marketing to influence the successful revenue generation of small business in different cities of Odisha. 342 respondents were selected for the study and stratified random sampling was used. The respondents belong to the food, handicraft, jewelry, mobile shop and coaching centers business group. The findings suggested digital marketing had an impact on revenue generation as well as effectiveness in acquision of new customers as well as retaining the customer base.

Innovation alliances: Balancing value creation dynamics, competitive intensity and market overlap

When created and captured value is unbalanced in innovation alliances, instabilities may emerge. Competitive tensions between the partners may further destabilize the value creation process. How these dynamics affect the outcomes of innovation alliances is still far from clear. This study focuses on expert power, relative private and common benefits, and perceived competitive intensity as well as structural market overlap between partners. While direct effects of expert power or the (im-)balances in intra-alliance innovation-related value dynamics do not emerge, we find that these effects are strongly moderated by the level of competition. When perceived competitive intensity is high, the partner's expert power turns out to be less beneficial, and imbalance towards private benefits becomes detrimental for value creation. On the other hand, when the market overlap between the partners is high, the expert power of partners, as well as common benefits become more beneficial to innovation-related value creation.

Бізнес-моделі хмарного надання ІТ-послуг

Бізнес-моделі хмарного надання ІТ-послуг

Identifying the business model dimensions of data sharing: A value‐based approach

This study aimed to investigate the underlying business model of organizations that have data sharing at the core of their activities. Previous work has stressed that data‐sharing projects need to be sustainable in the long term, and highlighted the need for a deeper understanding of the operation model of existing data‐sharing initiatives. To investigate this important issue, we took a qualitative approach to uncover the dynamics of value creation in data sharing. Using a case study method, we examined two data‐sharing sites across different areas. We conducted semistructured interviews with managers from data centers and other stakeholders, and reviewed documents about the technical and managerial practices to determine the main characteristics of their business models. In addition, we applied the e3‐value modeling methodology to tease out the value flows within each site. Our findings demonstrated the importance of the value network dimension of a business model, as data sharing relies on a set of actors creating and getting value in the process, and the significance of intangible assets. The main contributions of this study include extending current understanding on data‐sharing business models by analyzing key dimensions, and uncovering how value is created and transferred in data sharing.

Value creation dynamics in a project alliance

Project alliance requires all parties to work together in good faith, share project risks, and make unanimous decisions for the betterment of the project. A key feature of successful implementation of a project alliance is a focus on value creation and value for money. This paper proposes a qualitative system dynamics model to specify and explain dynamics of value creation processes in the context of project alliance. By synthesizing the existing literature and reports on project alliancing, this paper identifies four processes that have a strong influence on the value created in the project alliance context: work progression, rework, redesign and innovation, and rescheduling. In addition, we show how these value creation processes are interrelated and evolve over time. The effectiveness of these processes is influenced by the capability and motivation of the project alliance partners to discover works that do not fully utilize the available resources, and make quick decisions to capture these benefits.

Financial Institutions and Chinese Investment: The Review of China Pakistan Economic Corridor (CPEC) Policy

Abstract China Pakistan Economic Corridor (CPEC) initiates different energy projects, infrastructure ventures and business economic zones within Pakistan. The extensive Chinese investment, worth $62 billion, have long-term impacts on the economy as well as financial institutions of Pakistan. The banking economy are probable to generate an innovative stream of revenues, in the future outlook under CPEC projects. This study is significant in gauging the financial institutions performance and value creation, under CPEC policy. It will enables the institutions in realizing their future planning strategies and achieving their corporate goals. This study contributes in estimating the performance of financial institutions through shareholder value creation, under the CPEC policy in Pakistan. The analyses of this study was furnished by incorporating panel data techniques. The time span of the study is taken since the inception of CPEC agreement i.e. 2012 to 2016. The identification of financial institution`s value creation dynamics, is also one of the major contribution of this study. The paper analysis demonstrates that leverage, dividend policy, and return on equity has statistically significant effect on financial institution`s shareholder value. Moreover, the study results reveals that CPEC does have significant effects on the Pakistan`s financial institutions value creation.