AN OVERVIEW OF VALUE CREATION

Abstract

The aim of the paper is to carry out a literature review of studies on value generation and value capture in order to identify potential holes that reflect still unexplored fields of strategic management. A systemic approach enables a deeper understanding through an analysis of current discourse and the recognition of study discrepancies surrounding human resources’ value production and value capture. Based on its two main roles: exploratory and confirmatory, literature review is central. In the exploratory position, literature is used to explain and to illuminate the key study sources of the ongoing value generation debate, while the confirmatory approach permits researchers to uncover the investigational holes and check whether current research has produced adequate and/or conflicting outcomes.