Innovation Ecosystems as Structures for Value Co-Creation

Sanna Ketonen-Oksi, Katri Valkokari

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Despite the many late recent discussions on “innovation ecosystems” as well as on open innovation or other co-innovation models, the a more in-depth understanding of the multi-actor processes of value co-creation remains rather scarce. Hence, in this case study, we provide significant novel insight is provided about innovation ecosystems as structures enabling the multi-actor value co-creation in real-life innovation ecosystems. Based on our empirical findings, we identified two key principles were identified: 1) In order to encourage the active participation of ecosystem actors´ active participation in the value co-creation process, efforts must be made to ensure a clear vision and a shared value base on which the ecosystem activities can be built on. and 2) Facilitation is needed to support the ecosystem actors to make new connections and to share their knowledge and resources in concrete ways. Most importantly, the more diversity there is among the ecosystem actors, the greater the more it supports for innovativeness within the value co-creation process.
Original languageEnglish
Pages (from-to)25 - 35
JournalTechnology Innovation Management Review (TIM Review)
Volume9
Issue number2
DOIs
Publication statusPublished - 25 Feb 2019
MoE publication typeNot Eligible

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innovation
ecosystem
facilitation
resource
active participation

Keywords

  • ecosystems
  • innovation
  • platforms
  • value co-creation

Cite this

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Innovation Ecosystems as Structures for Value Co-Creation. / Ketonen-Oksi, Sanna; Valkokari, Katri.

In: Technology Innovation Management Review (TIM Review), Vol. 9, No. 2, 25.02.2019, p. 25 - 35.

Research output: Contribution to journalArticleScientificpeer-review

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