Jump to ContentJump to Main Navigation
The Nature of ValueHow to Invest in the Adaptive Economy$
Users without a subscription are not able to see the full content.

Nick Gogerty

Print publication date: 2014

Print ISBN-13: 9780231162449

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231162449.001.0001

Show Summary Details
Page of

PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 19 September 2021

How Innovative Capabilities Enable Value Creation

How Innovative Capabilities Enable Value Creation

(p.71) Chapter Five How Innovative Capabilities Enable Value Creation
The Nature of Value

Nick Gogerty

Columbia University Press

This chapter argues that uniquely advantageous capabilities, such as a cheaper distribution system or unique product performance, give a value-capturing edge versus the competition. Investors can better understand a firm's potential for value creation by charting their unique capabilities. The more unique, value-creating capabilities a firm has, the higher and more sustainable the margins are likely to be. The chapter also identifies the ten categories of business innovation capabilities: business model innovation, networking innovation, enabling process, core process, product performance, product system, service, channel, brand, and customer experience. It then discusses experience curve effects, which deliver increasing value-delivery efficiency using accumulated knowledge that is associated with adaptive cycles.

Keywords:   ino, innovation, value, accumulated knowledge, organizational capabilities, experience curve effects, capital allocation

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .