Integration of traditional, transitioning & transformative digital technologies for value co-creation in B2B: A process model

The nuanced understanding of process that firms in the B2B setting undergo for VCC and the role different types of technologies play in that process is missing. We adopted a research design that comprised of four sequential phases to address this gap. In first phase, we conducted a systematic review of literature. In second phase, we deductively developed an integrated 3 × 3 framework illustrating the usage of different types of technologies across the three stages of VCC. In third phase, we conducted semi-structured interviews with 25 practitioners to validate the framework. Finally, in fourth phase, we developed a process model to explain how digital technology can be leveraged in each step of VCC. The process model in the backdrop of integrated framework is novel as it codifies the individual activities of VCC and brings out the nuances involved at the interaction of the activities and stages. The findings can catalyse B2B VCC at a higher speed by establishing faster feedback loops through the integration of digital technologies in each of the process steps. The gaps in research and practice on how businesses co-creating value can iterate to get a testable product with a measurable outcome while leveraging digital technologies are discussed. • Process that B2B firms undergo for VCC with digital technologies is unclear. • 3 × 3 integrated framework developed merges VCC stages to types digital technologies. • Process model codifies the individual activities of VCC in the B2B setting. • VCC with digital technologies in B2B enabled through Process model & 3 × 3 framework.

Authors

Publication Details

Journal
Industrial Marketing Management
Published
2024-12-27
DOI
https://doi.org/10.1016/j.indmarman.2024.12.007
Citations
6
Primary Topic
Service and Product Innovation
Type
article
Field-Weighted Citation Impact
2.63
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article

Integration of traditional, transitioning & transformative digital technologies for value co-creation in B2B: A process model

Gopalakrishnan Narayanamurthy, Rajesh Shankaranarayana, Roger Moser, S. Ramaswamy
6 citations
Industrial Marketing Management
Service and Product Innovation
2.63
article

Integration of traditional, transitioning & transformative digital technologies for value co-creation in B2B: A process model

Gopalakrishnan Narayanamurthy, Rajesh Shankaranarayana, Roger Moser, S. Ramaswamy
article en
6 citations

Abstract

The nuanced understanding of process that firms in the B2B setting undergo for VCC and the role different types of technologies play in that process is missing. We adopted a research design that comprised of four sequential phases to address this gap. In first phase, we conducted a systematic review of literature. In second phase, we deductively developed an integrated 3 × 3 framework illustrating the usage of different types of technologies across the three stages of VCC. In third phase, we conducted semi-structured interviews with 25 practitioners to validate the framework. Finally, in fourth phase, we developed a process model to explain how digital technology can be leveraged in each step of VCC. The process model in the backdrop of integrated framework is novel as it codifies the individual activities of VCC and brings out the nuances involved at the interaction of the activities and stages. The findings can catalyse B2B VCC at a higher speed by establishing faster feedback loops through the integration of digital technologies in each of the process steps. The gaps in research and practice on how businesses co-creating value can iterate to get a testable product with a measurable outcome while leveraging digital technologies are discussed. • Process that B2B firms undergo for VCC with digital technologies is unclear. • 3 × 3 integrated framework developed merges VCC stages to types digital technologies. • Process model codifies the individual activities of VCC in the B2B setting. • VCC with digital technologies in B2B enabled through Process model & 3 × 3 framework.

Industrial Marketing ManagementVol. 124
Industry, innovation and infrastructure
Openalex Percentile: Top 9%
Service and Product Innovation
2.63
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