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1 Some Challenges Encountered in Value Creation and Capture |
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1 | (36) |
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1.1 Gaps in Literature this Book Attempts to Fill |
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1 | (10) |
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1.1.1 The Theoretical Foundation |
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2 | (1) |
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1.1.2 Understanding of Supply-Chain Ecosystems |
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3 | (2) |
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1.1.3 Development of Value-Chain Framework |
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5 | (2) |
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1.1.4 Studies of Consumer Value Propositions |
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7 | (1) |
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1.1.5 Comprehension of Manufacturing and Artificial Intelligence |
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8 | (2) |
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1.1.6 Understanding the Roles Government Policies and Supports Play |
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10 | (1) |
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1.2 Methodological Deficits of the Literature |
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11 | (9) |
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1.2.1 Construction and Development of Theories |
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11 | (2) |
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1.2.2 Language-and Calculus-Based Analysis and Reasoning |
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13 | (3) |
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1.2.3 Analysis and Reasoning Based on Methods of Microeconomics |
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16 | (2) |
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1.2.4 Empirical Analysis and Reasoning |
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18 | (2) |
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1.3 Need for Systems Thinking and Methodology |
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20 | (7) |
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1.3.1 Numbers and Numerical Variables |
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21 | (1) |
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1.3.2 Reflexive Relationship and Systems Science |
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22 | (2) |
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1.3.3 Systems Thinking and Methodology |
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24 | (3) |
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1.4 Organization of Contents in this Book |
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27 | (3) |
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30 | (7) |
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2 Introduction to Systems Research and Systemic Reasoning |
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37 | (20) |
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37 | (5) |
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2.2 Systems: An Operational Definition |
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42 | (6) |
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2.3 Systemic Yoyo: The Intuition of General Systems |
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48 | (6) |
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54 | (1) |
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54 | (3) |
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3 Evolution of a Market of Free Competition: A Symbolic Approach |
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57 | (26) |
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3.1 Initial Emergence of a Market |
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58 | (5) |
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3.2 Mutual Forbearance of Incumbent Firms |
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63 | (4) |
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3.3 Interaction Between Newly Entering and Incumbent Firms |
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67 | (5) |
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3.4 Market Characteristics that Signal New Opportunities |
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72 | (5) |
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77 | (1) |
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Appendix Bjerknes' Circulation Theorem |
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78 | (2) |
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80 | (3) |
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4 Axiomatization of the Resource View: The Firm and Markets |
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83 | (20) |
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83 | (1) |
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84 | (3) |
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4.3 The Basic Axioms: The Starting Theoretical Points |
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87 | (2) |
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4.3.1 Axiom 4.1 (Resource Heterogeneity) |
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87 | (1) |
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4.3.2 Axiom 4.2 (Resource Immobility) |
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88 | (1) |
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4.3.3 Axiom 3 (Different Levels of Efficiency) |
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88 | (1) |
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4.4 Conditions that Lead to Sustainable Competitive Advantages |
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89 | (3) |
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4.5 Capabilities and Dynamic Capabilities |
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92 | (1) |
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4.6 Firms' Profitability, Market Share, and Return on Investment |
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93 | (5) |
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4.6.1 When Firms' Performance Can Be Enhanced |
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93 | (1) |
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4.6.2 Additional Advantages and New Markets |
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94 | (4) |
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98 | (1) |
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99 | (4) |
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5 Evolution of Resources: An Axiomatized Resource View |
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103 | (26) |
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103 | (1) |
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104 | (4) |
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5.3 Preliminary Properties of Resources |
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108 | (3) |
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5.4 Capability Rigidity and Good Firm Performance |
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111 | (2) |
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5.5 Knowledge Competence, Technological Opportunism, and Innovativeness |
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113 | (1) |
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5.6 Interaction and Comparison of Resources |
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114 | (2) |
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5.7 Resources' Development and Decay |
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116 | (2) |
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5.8 Failures of Consistently Exploiting Resources |
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118 | (2) |
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120 | (1) |
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Appendix: Proofs of Theorems 5.1 and 5.2 |
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121 | (2) |
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123 | (6) |
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Part II Demand- and Supply-Side Strategies |
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6 The Supply-Chain Ecosystem of a Firm |
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129 | (22) |
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129 | (1) |
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130 | (3) |
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133 | (2) |
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6.4 A Firm's Supply-Chain Ecosystem |
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135 | (5) |
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6.4.1 The Ecosystem and Its Systemic Intuition |
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135 | (2) |
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6.4.2 A Firm's Success and Challenge |
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137 | (3) |
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6.5 Learning Capability and Consequent Challenges |
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140 | (3) |
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143 | (2) |
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Appendix: Proof of Theorem 6.1 |
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145 | (2) |
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147 | (4) |
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7 Upstream/Downstream Impacts on a Firm's Performance |
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151 | (20) |
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151 | (1) |
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152 | (4) |
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7.3 Challenges Facing Upstream Firms |
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156 | (3) |
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7.4 Challenges Facing Downstream Enterprises |
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159 | (2) |
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7.5 Vertical Interdependence of a Supply-Chain Ecosystem |
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161 | (4) |
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165 | (2) |
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167 | (4) |
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8 Sufficient Conditions that Lead to Synergistic Innovations |
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171 | (20) |
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171 | (1) |
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172 | (2) |
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8.3 Producer Side Synergistic Innovation |
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174 | (6) |
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8.3.1 Repeated Deployment of Resources |
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175 | (3) |
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8.3.2 Resources that Might Be Inconsistent |
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178 | (2) |
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8.4 Consumer Side Synergistic Innovations |
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180 | (4) |
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8.4.1 When Higher Fees Can Be Collected |
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180 | (3) |
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8.4.2 Achieving Growth and Good Performance Simultaneously |
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183 | (1) |
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184 | (1) |
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Appendix: Proof of Theorem 8.1 |
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185 | (2) |
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187 | (4) |
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9 Consumer Synergies: Simultaneous Utilities and Multi-Sided Markets |
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191 | (26) |
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191 | (1) |
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192 | (3) |
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9.3 Simultaneous Consumer Utilities |
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195 | (3) |
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9.4 Markets of Multiple Sides |
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198 | (3) |
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9.5 Ownership and Sustainability |
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201 | (3) |
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9.6 Mechanical Production of Synergistic Innovations |
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204 | (5) |
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209 | (2) |
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211 | (6) |
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Part III Value-Chain Framework |
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10 The Systemic, Hierarchical Structure of the Mind |
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217 | (22) |
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218 | (1) |
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219 | (3) |
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10.3 Humans as Beings Oriented Towards Happiness |
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222 | (1) |
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10.4 Nonpositional Self-Awareness |
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223 | (2) |
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10.5 Imagination and Its Functions |
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225 | (2) |
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10.6 Conscience, Where Innate and Acquired Capabilities Integrate |
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227 | (2) |
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10.7 Free Will and Its Three Different Forms |
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229 | (2) |
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10.8 The Systemic Field of Human Cognition |
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231 | (3) |
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234 | (1) |
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234 | (5) |
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11 Preferred Taxonomies and Inclusive Classification of Consumers |
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239 | (20) |
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239 | (2) |
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241 | (2) |
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11.3 Levels and Individual Preferences of Taxonomic Abstraction |
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243 | (3) |
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11.4 Classifying Consumer Differences Inclusively |
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246 | (7) |
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11.4.1 The Methodology Used Here |
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246 | (2) |
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248 | (1) |
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249 | (2) |
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251 | (2) |
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253 | (1) |
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Appendix: Survey Instruments |
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254 | (1) |
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255 | (4) |
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12 Value Creation out of Innovation and Resources |
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259 | (18) |
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259 | (1) |
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260 | (1) |
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261 | (2) |
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12.4 Value Creation out of Innovation and Resources |
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263 | (7) |
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12.4.1 Value Potentials of Innovation |
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263 | (4) |
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12.4.2 Value Potentials of Resources |
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267 | (3) |
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270 | (1) |
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Appendix: Proof of Theorem 12.1 |
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271 | (2) |
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273 | (4) |
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13 Potentials of Value Capture and General Value-Chain Framework |
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277 | (22) |
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277 | (1) |
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278 | (2) |
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13.3 Market Forbearance and Network Structures |
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280 | (4) |
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13.4 Business Networks and Convenient Platforms |
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284 | (4) |
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13.5 Information and Emergence of Creative Destructions |
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288 | (1) |
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13.6 The General Value-Chain Framework |
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289 | (3) |
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292 | (1) |
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293 | (6) |
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14 When Effective Consumer Value Propositions Emerge |
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299 | (20) |
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299 | (1) |
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300 | (1) |
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14.3 Modeling the General Customer Value Proposition |
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301 | (3) |
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14.4 A CVP's Effectiveness |
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304 | (7) |
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14.4.1 Value and Differentiation Based CVPs |
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305 | (2) |
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14.4.2 CVPs that Are Jointly Created |
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307 | (2) |
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14.4.3 Making an Adopted CVP Effective Internally |
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309 | (2) |
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14.5 Effectiveness Analysis of a Real-Life Case |
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311 | (3) |
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314 | (1) |
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315 | (4) |
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15 Values and Competitive Advantages Based on Customer Value Propositions |
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319 | (20) |
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319 | (1) |
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320 | (1) |
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15.3 Competitive Advantages Attained from CVPs |
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321 | (5) |
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15.3.1 Association between CVPs and Macrolevel Operating Processes |
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322 | (3) |
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15.3.2 How a Company's Adopted CVP Affects Its Competitive Advantages |
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325 | (1) |
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15.4 Association between CVPs and Shareholder Values |
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326 | (4) |
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15.4.1 How CVPs Drive Shareholder Values |
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326 | (2) |
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15.4.2 Evaluating a CVP-Based Value Addition |
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328 | (2) |
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15.5 Signs, Risks, and Values of an Implemented CVP |
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330 | (3) |
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15.5.1 Signs of an Implemented CVP |
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330 | (1) |
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15.5.2 Risks and Values of an Implemented CVP |
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331 | (2) |
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333 | (2) |
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15.6.1 Recommendations for Decision-Makers |
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334 | (1) |
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15.6.2 What Opens for Future Research |
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334 | (1) |
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335 | (4) |
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16 Market-Sensing Capabilities and Their Vital Importance in Firm Performance |
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339 | (22) |
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339 | (1) |
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340 | (2) |
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16.3 Why Is Market-Sensing Capability Important? |
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342 | (2) |
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16.4 Markets without Market-Level Growth: A Case Analysis |
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344 | (5) |
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16.5 Customer Relations and Crafts of CVPs: Additional Cases |
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349 | (5) |
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354 | (1) |
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355 | (6) |
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Part V Some Roles of Manufacturing and Artificial Intelligence |
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17 Manufacturing in Industrial Transformations |
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361 | (18) |
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361 | (3) |
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364 | (1) |
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17.3 Feedback between Markets and Manufacturing |
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365 | (5) |
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17.4 The Launch of a Self-Sustaining Growth |
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370 | (3) |
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373 | (2) |
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375 | (4) |
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18 How Artificial Intelligence Affects Technological Innovations |
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379 | (24) |
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379 | (2) |
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18.2 Elementary Empirical Observations |
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381 | (2) |
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18.3 Influence of Artificial Intelligence on Technological Innovations |
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383 | (9) |
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18.3.1 The Concept of Technological Innovation |
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384 | (2) |
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18.3.2 Artificial Intelligence Quickens Knowledge Creation |
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386 | (2) |
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18.3.3 Spillover Effects of Artificial Intelligence |
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388 | (1) |
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18.3.4 Artificial Intelligence Improves Learning and Absorption Capabilities |
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389 | (2) |
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18.3.5 Artificial Intelligence Increases Investments in R&D and Talents |
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391 | (1) |
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18.4 An Empirical Case Analysis |
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392 | (2) |
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18.4.1 The Model, Variables, and Data |
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392 | (1) |
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18.4.2 Results of Empirical Analysis |
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393 | (1) |
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394 | (2) |
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396 | (7) |
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Part VI Government Policies and Supports |
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19 How the Government Can Help Stimulate Economic Growth |
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403 | (22) |
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403 | (1) |
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404 | (2) |
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19.3 The Mechanism through Which Policy Tools Potentially Work |
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406 | (8) |
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19.3.1 The Economy: Seen Systemically |
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406 | (3) |
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19.3.2 Why Is Government Important? |
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409 | (3) |
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19.3.3 When Will Policy Tools Actually Work? |
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412 | (2) |
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19.4 Why Are Governmental Policies and Supports Practically Needed? |
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414 | (6) |
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19.4.1 Systemic Threads within a Supply-Chain Ecosystem |
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414 | (3) |
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19.4.2 Momentum of Economic Growth: How to Sustain It |
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417 | (3) |
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420 | (2) |
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422 | (3) |
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20 When Government Policies Improve Firm Performance |
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425 | (18) |
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425 | (2) |
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427 | (1) |
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20.3 How Government Policies Affect Market Competition |
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428 | (6) |
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20.3.1 Potentials for Improving Firm Performance |
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429 | (3) |
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20.3.2 Potentials of Government Policies |
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432 | (2) |
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20.4 An Empirical Confirmation |
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434 | (3) |
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20.4.1 Source of Data and Econometric Model |
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434 | (2) |
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20.4.2 A Statistics-Based Analysis |
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436 | (1) |
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437 | (1) |
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438 | (5) |
Afterword: Need for a Multi-Approach Methodology and Economic Induction |
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443 | (22) |
Bibliography |
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465 | (34) |
Index |
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499 | |