Abstract
Under competitive environments, supply chain enterprises seek to upstream and downstream firms to collaborate and co-create additional values. This study seeks to identify the process and the mechanism of value co-creation and to realise relational value. From a sample of 110 supplier and client relationships, we empirically examine how the value co-creation process works. Our model identifies bilateral idiosyncratic investment and resource interdependence as two important steps in the value co-creation process as well as verifies the effects of value co-creation on partnership quality. The implications and limitations of the research are presented, and suggestions for future research on inter-firm value co-creation research are provided.
Original language | English |
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Pages (from-to) | 969-980 |
Number of pages | 12 |
Journal | Production Planning and Control |
Volume | 26 |
Issue number | 12 |
DOIs | |
Publication status | Published - 1 Jan 2015 |
Keywords
- bilateral idiosyncratic investment
- partnership quality
- process perspective
- resource interdependence
- value co-creation
ASJC Scopus subject areas
- Computer Science Applications
- Strategy and Management
- Management Science and Operations Research
- Industrial and Manufacturing Engineering