Impact of co-creation on innovation capability and firm performance: a structural equation modeling

Traditional firms used to design products, evaluate marketing messages and control product distribution channels with no costumer interface. With the advancements in interaction technologies, however, users can easily make impacts on firms; the interaction between costumers and firms is now in peak...

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Autores:
Hamidi, Fatemeh
Shams Gharneh, Naser
Tipo de recurso:
Fecha de publicación:
2017
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/11398
Acceso en línea:
http://hdl.handle.net/10784/11398
Palabra clave:
Co-creation; Innovation Capability; Firm Performance; SEM
Co-creación; capacidad de innovación; desempeño de las empresas; SEM
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License
Copyright (c) 2017 AD-minister
Description
Summary:Traditional firms used to design products, evaluate marketing messages and control product distribution channels with no costumer interface. With the advancements in interaction technologies, however, users can easily make impacts on firms; the interaction between costumers and firms is now in peak condition in comparison to the past and is no longer controlled by firms. Customers are playing two roles of value creators and consumers simultaneously. We examine the role of co-creation on the influences of innovation capability and firm performance. We develop hypotheses and test them using researcher survey data. The results suggest that implement of co-creation partially mediate the effect of process innovation capability. We discuss the implications of these findings for research and practice on the depict and implement of unique value co-creation model