Abstract
| Original language | English |
|---|---|
| Title of host publication | Value Co-Creation |
| Subtitle of host publication | Best of TIM Review Kindle edition |
| Editors | Stoyan Tanev, Marko Seppä |
| Place of Publication | Ottawa, ON, Canada |
| Publication status | Published - 2013 |
| MoE publication type | D2 Article in professional manuals or guides or professional information systems or text book material |
Fingerprint
Cite this
}
Renewal Through Co-Creation in Business Networks. / Hyötyläinen, Raimo; Valkokari, Katri; Kalliokoski, Petri.
Value Co-Creation : Best of TIM Review Kindle edition. ed. / Stoyan Tanev; Marko Seppä. Ottawa, ON, Canada, 2013.Research output: Chapter in Book/Report/Conference proceeding › Chapter or book article › Professional
TY - CHAP
T1 - Renewal Through Co-Creation in Business Networks
AU - Hyötyläinen, Raimo
AU - Valkokari, Katri
AU - Kalliokoski, Petri
N1 - Project code: 81177
PY - 2013
Y1 - 2013
N2 - The paper presents four models of business renewal within networks based on earlier literature and the theoretical framework. According to the typical dimensions of business development, our framework distinguishes between the exploitation of present knowledge for efficiency, and the exploration of new knowledge for new business development. Furthermore, the two network development and governance types, e.g. hub-spoke and multiplex, form the other dimension of the framework. The framework was empirically tested with five case companies and their business networks. The framework of network models may help managers to structure the business network and its renewal, based on the strategic targets of a firm. Furthermore, the theoretical contribution of the paper deepens the understanding of how co-creation and interaction between the participants differ according to business focus and complexity of networks.
AB - The paper presents four models of business renewal within networks based on earlier literature and the theoretical framework. According to the typical dimensions of business development, our framework distinguishes between the exploitation of present knowledge for efficiency, and the exploration of new knowledge for new business development. Furthermore, the two network development and governance types, e.g. hub-spoke and multiplex, form the other dimension of the framework. The framework was empirically tested with five case companies and their business networks. The framework of network models may help managers to structure the business network and its renewal, based on the strategic targets of a firm. Furthermore, the theoretical contribution of the paper deepens the understanding of how co-creation and interaction between the participants differ according to business focus and complexity of networks.
M3 - Chapter or book article
SN - 978-0-7709-0571-2
BT - Value Co-Creation
A2 - Tanev, Stoyan
A2 - Seppä, Marko
CY - Ottawa, ON, Canada
ER -