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17 Ιαν 2017 · This chapter provides key concepts for increasing sustainable value creation in manufacturing, and presents the tools which can help companies using the concepts in practice. Sustainable value creation requires companies to have systems thinking when making business decisions.
To identify the elements, the questions “what is sustainable value” and “how is sustainable value creation defined” were used. Through an inductive interpretive data analysis approach (Corbin and Strauss, 2015), we identified five core SVC elements: value forms, stakeholders, temporal view, spatial view and tensions and conflicts.
Sustainability sheds a whole new light on economic value creation. Sustainable value creation means looking critically at both revenues and costs. Not everything that makes money is of value.
14 Ιαν 2020 · The clearest definition of sustainable value is proposed by Hart and Milstein (2003) in the much-cited “Creating sustainable value”. Hart and Milstein (2003) defined sustainable value as “strategies and practices that contribute to a more sustainable world while simultaneously driving shareholder value” [3].
applies to the notion of sustainable value creation (SVC), which is increasingly used and discussed in the literature, but hardly defined and explained. Ex-tensions of the concept of value creation to include sustainability considerations have been discussed in various fields, including corporate sustainability,
27 Ιουλ 2023 · In modern knowledge-based economies, the primary source of value creation has shifted from physical resources to intellectual property and knowledge. As a result, social welfare in knowledge-based economies increasingly relies on joint value creation.
