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Real Estate Value Chain Connections: Tangible and Transparent

Author: Stephen E. Roulac

Start Page: 387
End Page: 404
Volume: 17
Issue Number: 3
Year: 1999
Publication: Journal of Real Estate Research

Abstract: Real estate plays a fundamental connecting role in the value chain. This research addresses the application of the value chain concept to how real estate facilitates the connection of inputs to the value creation process to deliver goods and services to consumers. This research provides the critical linkages in the vocabulary of strategic management. Once identified, the critical real estate value chain connections can lead to insights resulting in superior decision making. In settings emphasizing transparency, the place and space of origin and destination become more important. While a predominant amount of commerce is conducted in tangible contexts, the hypercompetitive conditions of such commerce and the proliferating substitutes for the environments in which such commerce may occur places ever more priority on the role of real estate value chain connections.

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