Value Co-Creation Process in Business Ecosystem

Galateanu, Elena; Avasilcăi, Silvia

doi:10.15660/auofmte.2014-1.2976

Cited by 2 publications

(1 citation statement)

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“…The first transition emphasizes the shift from consumer to multiple stakeholders' engagement into value creation process, presented in table 1. This approach is more likely to characterize the transition from supply chain to value chain, where consumers represent the source of innovation [9].…”

Section: Cocreation Transitions: the Key Features And Motivationsmentioning

confidence: 99%

Value co – creation through crowdsourcing: The case of Squadhelp competition platform

Galateanu

Avasilcăi

2018

MATEC Web Conf.

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The increasing attention for open innovation processes within organizational development context is materialized through new product and/or services development. The main approach into this direction is to enhance the crowdsourcing features within internal innovation processes, especially value co–creation. The emerging industries, such as creative ones, are using this approach in order to innovate and to enhance collaborative power of creative co–producers. By shifting the co–creation from customers only to multiple stakeholders’ engagement there can be observed the actors’ evolution within the innovation ecosystems. Thus, in this paper there will be assessed the key features of crowdsourcing processes in terms of the most relevant transitions in value co–creation theory. The use of case study approach will reveal relevant insights from the Squadhelp competition platform in terms of innovation, crowdsourcing activities and creative co–producers.

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Section: Cocreation Transitions: the Key Features And Motivationsmentioning

confidence: 99%

Value co – creation through crowdsourcing: The case of Squadhelp competition platform

Galateanu

Avasilcăi

2018

MATEC Web Conf.

Self Cite

View full text Add to dashboard Cite

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Crafting digital business ecosystems for cultural and creative industries

Hsu,

Wang,

Yang

et al. 2023

IJRBS

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The Cultural and Creative Industries (CCI) thrive on innovation and creativity, necessitating robust cross-domain collaboration among diverse stakeholders. However, the current state of CCI co-creation mechanisms is marked by inadequacies. The primary objective is to provide practical and effective strategic guidance for co-creation endeavors within the dynamic CCI landscape. This study employs the Root Cause Analysis (RCA) method to identify and analyze critical elements for industrial co-creation, offering a comprehensive framework for understanding the intricacies of co-creation processes. The Cultural and Creative Industries Digital Business Ecosystem (CCI-DBE) model is then developed to encompass four foundational pillars: participation of multiple stakeholders, mechanism of co-creation, uniqueness of consumer experience, and output of co-created value. Participation of multiple stakeholders recognizes the importance of integrating perspectives from content creators, other companies, suppliers, and customers. The mechanism of co-creation delves into the necessity of a robust platform, supported by technological infrastructure, to facilitate seamless resource and knowledge exchange. The uniqueness of consumer experience emphasizes the need for tailoring offerings to meet consumers' unique experiential and meaningful needs. Output of co-created value focuses on enhancing product novelty, resource sharing, communication efficiency, information interaction, and cross-domain integration. This CCI-DBE model not only contributes to academic discourse but also provides actionable insights for practitioners seeking to navigate and enhance the co-creation process within the evolving CCI landscape. It stands as a valuable guide for fostering innovation, collaboration, and strategic alignment in the CCI sector.

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Value Co-Creation Process in Business Ecosystem

Cited by 2 publications

References 0 publications

Value co – creation through crowdsourcing: The case of Squadhelp competition platform

Value co – creation through crowdsourcing: The case of Squadhelp competition platform

Crafting digital business ecosystems for cultural and creative industries

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