Value Capture in Disintegrated Value Chains (eBook)

Alexander Hoffmann is a researcher in the field of technology and innovation management at the TU München, Germany, and a management consultant.

Foreword 6
Acknowledgements 7
Table of Contents 8
List of Appendices 10
List of Figures 11
List of Tables 13
List of Abbreviations 15
Abstract 16
Zusammenfassung 17
1 Introduction 18
2 Determinants of value capture 23
2.1 Profiting from innovation 23
2.2 Value chain architecture 24
2.3 Game theoretic perspective 28
3 Bargaining structure 31
3.1 Hierarchy in negotiations: Bargaining structure 31
3.2 Drivers and effects of bargaining structure 32
4 Modeling the effect of bargaining structure on value capture 35
4.1 The basic model 35
4.1.1 Non-hierarchical value distribution 35
4.1.2 The hierarchical Shapley value 38
4.2 Results 40
4.2.1 Three-firm bargaining structures 41
4.2.2 N-firm bargaining structures 47
4.2.3 Multiple bargaining positions 58
4.3 Extensions and further results 63
4.3.1 System integrators 64
4.3.2 Free value 71
4.4 Alternative distribution concepts 76
4.4.1 Owen value 76
4.4.2 B-value 81
4.4.3 Hierarchical Core 82
4.5 Conclusion 89
5 Drivers of bargaining structure and empirical implications of the hierarchy strategy 91
5.1 Methods 92
5.1.1 Case design 93
5.1.2 Data sources and analysis 95
5.2 Results of the case studies 100
5.2.1. Modularization of laundry dryers at BSH 101
5.2.2. System suppliers in commercial aircraft manufacturing 108
5.3 Conclusion 120
6 Discussion and conclusion 122
Appendices 127
Appendix A – Glossary 127
Appendix B – Properties of the HSV 131
Appendix C – Forming the first cluster in bargaining structures with nonessentialsymmetric firms 134
Appendix D – Analysis of three-firm bargaining structure relaxing the assumption of symmetry 135
Appendix E –n-firm bargaining structures analyzed with the Owen value 137
Appendix F – Hierarchical Core 139
Appendix G – Questionnaire for case interviews 140
Appendix H – Brief profiles of interviewees 142
Bibliography 145