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2021
DOI: 10.1111/poms.13312
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The Knowledge Value Chain: An Operational Perspective

Abstract: T he successful launch of an innovative product or service is driven by an unexplored market opportunity or a technological breakthrough. Oftentimes, however, firms lack the necessary resource capabilities to exploit new market opportunities; alternately, markets may not exist for firms to successfully profit from technological breakthroughs. In other words, firms suffer from performance gaps between their market opportunities and their resource capabilities. In this study, we organize the growing literature o… Show more

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Cited by 15 publications
(22 citation statements)
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References 59 publications
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“…These results specifically support that the use of information to change the decision‐making of planning processes rather than relying on resource reconfiguration is a better strategy for providing resiliency and continuity in a short time frame. They also align with recent research that has discussed the importance of understanding how to align the use of information within a supply chain with its physical operation (Gaimon & Ramachandran, 2021; Thevenin et al., 2021).…”
Section: Discussionsupporting
confidence: 81%
“…These results specifically support that the use of information to change the decision‐making of planning processes rather than relying on resource reconfiguration is a better strategy for providing resiliency and continuity in a short time frame. They also align with recent research that has discussed the importance of understanding how to align the use of information within a supply chain with its physical operation (Gaimon & Ramachandran, 2021; Thevenin et al., 2021).…”
Section: Discussionsupporting
confidence: 81%
“…This study built on the recent efforts to increase scholarly understanding regarding CLSC value creation (Ritola et al, 2020;Schenkel et al, 2015;Koppius et al, 2014) and knowledge value chain (Gaimon and Ramachandran, 2020). More specifically, we aimed to advance insights into the potential of product returns information (Jayaraman and Luo, 2007;Mihi-Ramirez, 2012), by applying the DCs view into a new functional domain, namely CLSC management.…”
Section: Discussionmentioning
confidence: 99%
“…Furthermore, it answers to the call to apply the DC framework to new functional domains (Schilke et al, 2018), by exploring the role of DC in the domain of CLSC management and product returns information. By analyzing product returns information and providing insights into how other kinds of values can be generated from it, this study also contributes to knowledge value chain research (Gaimon and Ramachandran, 2020) and in increased knowledge regarding the enablers and barriers to learning processes, feedback loops and innovation (Koteshwar, 2017). We capture our contribution in three propositions, which can be used in further research.…”
Section: Introductionmentioning
confidence: 99%
“…The necessary resources may already reside within the firm or may require substantial investment in knowledge external to the firm, or a combination of the two. If the executive level assesses that the firm does not possess the intellectual skills needed to close the capability gap in the desired time frame, it may outsource knowledge on a large scale (raising issues with absorptive capacity) (Gaimon & Ramachandran, 2021) or jointly develop features of the major innovation through an alliance or partnership (raising issues with coordination and integration) (Gaimon et al., 2017). For example, McKinsey acquired another firm to add design capabilities to the product portfolios offered to clients (Section 2).…”
Section: Discussionmentioning
confidence: 99%