Value Creation Principles : The Pragmatic Theory of the Firm Begins with Purpose and Ends with Sustainable Capitalism.

Cover -- Title Page -- Copyright -- Contents -- Preface and Overview -- Part I A Firm's Role in Society -- Chapter 1 Overview of the Pragmatic Theory of the Firm -- The Nucleus of the Pragmatic Theory of the Firm -- The Evolution of Thinking About the Theory of the Firm -- Kindred Spirits for the Pragmatic Theory of the Firm -- Innovation and Economic Growth -- The Purpose of the Firm -- The Pragmatic Theory of the Firm -- Chapter 2 Knowledge Building and Firm Performance -- The Knowledge‐Building Path to Improved Performance -- The Knowledge‐Building Loop -- Human Behavior, Culture, and Firm Performance -- Elegant, Parsimonious, and Reliable Theories -- Chapter 3 Work, Innovation, and Resource Allocation -- Lean Thinking-"No Problem is a Problem" -- The Theory of constraints -- Ontological/Phenomenological Model -- Innovation -- Resource Allocation -- The Key Constraint in Sustaining a Knowledge‐Building Culture -- Part II The Pragmatic Theory of the Firm Connects Innovation and Valuation -- Chapter 4 Life‐Cycle Performance and Firm Risk -- The Firm's Competitive Life Cycle -- A Paranoid Optimist Restructures Nokia -- A Case Study of Innovation-Amazon -- The Life‐Cycle Valuation Model -- What Does a Stock Price Say About a Firm's Future Investments? -- Forward‐Looking, Market‐Implied Discount Rate -- The Roots of Modern Finance -- Firm Risk Offers a Different Mindset -- Summary of Key Ideas -- A Research Methodology for Advancing the Life‐Cycle Framework -- Better Estimates of the Investor Discount Rate -- Chapter 5 Intangible Assets, Brands, and Shareholder Returns -- The New Economy and Connectivity‐Enabled Business Models -- Empirical Evidence about Intangible Assets -- Brands Impact a Firm's Market Value -- A Conceptual Roadmap for Handling Intangible Assets -- Integrated Reports, Life‐Cycle Reviews, and Intangibles.

Expect more than coffee-Starbucks -- Costco Starts by Caring for Its Employees -- Ringing Doorbells and Changing Times-Avon -- Why did Illumina Outperform the Stock Market 18‐Fold from 2004 to 2014? -- The Efficient Market Hypothesis and the Factor Zoo -- Excess Shareholder Returns and three Levels of Cause‐and‐Effect Logic -- Useful Ideas for Investors, Managements, and Academic Researchers -- System Principles and Effective Language -- Part III Value Creation -- Chapter 6 Life‐Cycle Position, Adaptability, and Organizational Structure -- Life‐Cycle Guideposts -- Focused Execution of an Innovative Business Model-Netflix -- Innovation in the Operating Room-Intuitive Surgical -- Nothing Runs Like a Deere -- Smith Corona and NCR -- The ABCs of Organizational Structure -- Organizational Experimentation at the Haier Group -- Value Creators Drive Dynamism in China -- Chapter 7 Achieving Progress Through Knowledge Building and Value Creation -- The New Economy and the Pragmatic Theory of the Firm -- Life‐Cycle Track Records are a Scorecard and a Learning TOOL -- Politics and The Greater Good -- Progress Studies -- About the Author -- Index -- EULA.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.