Integrating Business, Management and Organisation Scholarship

Value Co-creation and Stakeholder Salience

Richard Breese

• Publisher: Routledge
• Year: 2025
• Topic: Business
• eBook ISBN:
  9781040690468
• Subtopic: Business General
• Index: Business

Businesses deliver value to their stakeholders, including customers, employees, suppliers, communities and shareholders. Therefore, value creation is pivotal to management theory, but there is a lack of agreement amongst scholars about value at the conceptual level. This book uses invariant properties of human activities to develop a novel theory of value to help resolve controversies and integrate scholarship from different specialisms. To establish boundaries for the task of integration, business, management and organisation scholarship is identified as being an applied, supra-disciplinary mega-field. Its fragmented nature means that different academic fields, such as strategic management and marketing, approach the concept of value in distinct ways, based on their respective roots in economics and other social sciences. Tracing the evolution of ideas on value over time, a new theoretical framework is developed, the integrating theory of value co-creation, as an alternative to existing theories on value creation for individuals and organisations. The cornerstone of the integrating theory of value co-creation is that exchange is the fundamental basis for value co-creation, which enables it to cover both provider and customer perspectives. Given its interdisciplinary approach, this book will appeal to any social scientist interested in the management of organisations.

Table of contents

• Cover
• Half-Title Page
• Series Page
• Title Page
• Copyright Page
• Dedication
• Table of Contents
• List of Figures
• List of Tables
• Acknowledgements
• 1 Introduction
• Part I A common foundation for integrating business, management and organisation scholarship (BMOS)
• 2 Fragmentation of business and management scholarship
• 3 The scope of the umbrella field and its relationship with academic disciplines
• 4 Starting points for integrating business, management and organisation scholarship
• 5 The dimensional nature of work activities and the Transform Through Work Framework (TTWF)
• Part II Developing an integrating theory of value co-creation for BMOS
• 6 Early concepts of value in BMOS and the development of strategic management theory
• 7 Customer/consumer value, service-dominant logic and value co-creation
• 8 Developing the micro-level foundations of an integrating theory of value co-creation
• 9 Value co-creation for individuals and organisations and the inevitability of stakeholder salience
• 10 Limits to value co-creation: Economic exchange, finance and digital technologies
• 11 Summary, limitations and future research
• References
• Index