Cited by 1,489Service and Product InnovationManagement and Organizational StudiesInnovation and Knowledge Management

Value Creation and Value Capture: A Multilevel Perspective

Lepak, David P., Smith, Ken G., Taylor, M. Susan·2007·Academy of Management Review

Abstract

As an introduction to the special issue topic of value creation, we define value creation in terms of use value and exchange value and discuss some of the key issues related to its study, including the topic of value capture. Although the definition of value creation is common across levels of analysis, the process of value creation will differ based on whether value is created by an individual, an organization, or society. We use the concepts of competition and isolating mechanisms to explain how value can be captured at different levels of analysis.

Integrity signals

Registry

Crossref · 10.5465/amr.2007.23464011

Cites

53 of 53 references verified0 citation errors · 0 not checkable

Statistics

Recomputing p-values needs the paper’s full text.

Claims the paper makes

This paper’s full text isn’t openly available, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Cites

Flagged first, then by citations

1 of the 54 references couldn’t be matched to a known paper.

Cited by

Sorted by citations

Authors
Lepak, D. P., Smith, K. G., & Taylor, M. S.
Affiliations
  • Rutgers, The State University of New Jersey (US)
  • University of Maryland, College Park (US)
Venue
Academy of Management Review
Published
2007-01
Volume
32
Issue
1
Pages
180-194
ISSN
  • 0363-7425 (ISSN-L)
  • 1930-3807
OpenAlex
W2008810867
Cited by
1,489
References
54
Citations by year
2026: 54 · 2025: 65 · 2024: 74 · 2023: 118 · 2022: 112 · 2021: 118 · 2020: 100 · 2019: 110 · 2018: 107 · 2017: 103 · 2016: 88 · 2015: 77 · 2014: 89 · 2013: 73 · 2012: 58
FWCI
114.65
Type
journal article
Language
en
Open access
closed
Locations
Academy of Management Review (publishedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Marketing › Service and Product Innovation
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Management and Organizational Studies
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
Keywords
value creation, value capture, use value, exchange value, multilevel analysis, competition, reproductive barriers

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review