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Value creation and value awareness : toward a psychological perspective

  • This dissertation is an inquiry into the concept of value creation, motivated by a need for orientation in our demanding times. Based on the idea that true value only arises out of human (inter)subjective evaluations, we apply a psychological perspective on individual and collective value creation, thereby iestigating a micro-foundation of value, as well as its application and operationalization. The dissertation is a cumulative dissertation that begins with an introductory chapter followed by four independent, yet connected studies. In Study 1, we develop a conceptual foundation for all other studies that iolves a micro-foundation of value and value awareness as the competency to recognize fundamental evaluation categories as relevant. In Study 2, we conceptually delineate organizational public value and organizational reputation, two concepts of strategic relevance to organizations, that share similarities, but differ in fundamental dimensions. In Study 3 we operationalize value awareness through a practice-oriented instrument that helps individuals reflect, understand and develop their value awareness. In Study 4, we empirically iestigate the link of an organization’s corporate social responsibility and work addiction via work meaningfulness and organizational identification, as well as value awareness. The studies are diverse and have multiple implications for research and practice. Overall, we suggest that individuals and collective entities should develop and operationalize their consideration of value creation on the level of (inter)subjective human experience. To realize actual value creation, many additional factors are important, but more value awareness could play a central role in increasing the chances of finding and creating more value for ourselves, others, and society as a whole.

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Document Type:Doctoral Thesis
Author:Andreas Fröhlich
Contributor(s):Timo Meynhardt, Peter Gomez
Chairs and Professorships:Chair of Business Psychology and Leadership
Full text/ URN:urn:nbn:de:bsz:14-qucosa2-336925
Title Additional (English):Dissertation
Place of publication:Leipzig
Year of Completion:2018
Page Number:XI, 210