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The objective of this paper is to discuss the impact of social media on customer co-creation in the innovation process. Customer co-creation denotes an active, creative and social collaboration process between producers and customers (users), facilitated by a company, in the context of new...
Persistent link: https://www.econbiz.de/10014174724
Customer co-creation denotes an active, creative and social collaboration process between producers (retailers) and customers (users), facilitated by the company. Customers become active participants in an open innovation process of a firm and take part in the development of new products or...
Persistent link: https://www.econbiz.de/10014187740
This paper responds to the lack of research investigating procedural differences in open innovation collaboration. Based upon a sample of intermediaries, we analyze the costs of different setups for open collaboration. Our focus is on the mechanism of search initiating the collaboration....
Persistent link: https://www.econbiz.de/10013027330
Current literature argues that firms should have strong ties to customers to benefit from increased customer retention and loyalty. Strong ties, however, have also been shown to prevent innovation, suggesting that firms should also develop weak ties to other customer groups. This paper focuses...
Persistent link: https://www.econbiz.de/10014042915
Netnography i.e. the systematic observation and analysis of online communities to generate insights for an innovation process, has been established as a method of user innovation in consumer goods industries. In this study we apply this technique for the first time in the context of a complex,...
Persistent link: https://www.econbiz.de/10014147405