Article ID Journal Published Year Pages File Type
1027337 Industrial Marketing Management 2016 10 Pages PDF
Abstract

•We added the problem and need definition phase to the solution process to identify the customer`s needs for engagement.•The needs capacity, methodological & functional expertise, market insight, legitimation prompt customers to engage provider•We identify eight variables (e.g. target orientation, commitment, trust & ownership) that enable value co-creation.

Through 31 in-depth interviews with customers and providers of knowledge-intensive business service solutions, this article explores their view on customers' contribution to value (co)-creation. First, the study defines five internal factors that prompt customers to engage with providers for value (co)-creation and discusses unique factors that influence how customers define their needs before engaging a solution provider. In addition, the study suggests extending the known solution process by proposing the problem and need definition phase to reflect the customer's early activities. The results support the theory that customers define their typical needs not only to aid them in selecting the right provider but also to use their awareness of possible issues to guide the solution process. Providers benefit from this definition in that they gain a better understanding of their roles and responsibilities in the process. Second, the study identifies eight variables that typically enable value (co)-creation. The findings show that customers should focus their activities on those variables and providers should identify possible customer shortcomings so that they can compensate for them.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Marketing
Authors
, ,