There's not a clear cut distinction between the two as in most cases you have to have control of some asset or do some work in order to create value or to appropriate it. It's often useful distinction when thinking about corporate strategy.
My rule of thumb is to ask if the person I think is appropriating value wasn't there or did their job badly would the end customer notice.
As an example if you owned a field near a town with no railway and I built a railway to the town and this increased the value of your land you would have appropriated value that you had not created.
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There's not a clear cut distinction between the two as in most cases you have to have control of some asset or do some work in order to create value or to appropriate it. It's often useful distinction when thinking about corporate strategy.
My rule of thumb is to ask if the person I think is appropriating value wasn't there or did their job badly would the end customer notice.
As an example if you owned a field near a town with no railway and I built a railway to the town and this increased the value of your land you would have appropriated value that you had not created.