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"Value Creation & Capture In Affiliations" was written by Ryan D. Smith, founder and chief executive officer, Inperium, Inc. and J. Kevin Fee, president, Angler West Consultants, Inc. Mr. Smith and Mr. Fee discuss five distinct sources of synergy: operational, market power, relational, network, and non-market. The five synergies correlate to five theories of value creation: the resource-based theory, industrial organization theory, the relational view, social network theory, and stakeholder theory . . .
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