Research Article | OPEN ACCESS
Study of Value Co-Creation in CoPS
Mingli Zhang and Jianhua Ye
School of Economics and Management, Beihang University, Beijing 100191, China
Research Journal of Applied Sciences, Engineering and Technology 2013 18:4504-4509
Received: July 27, 2012 | Accepted: September 17, 2012 | Published: May 05, 2013
Abstract
Value co-creation is associated with specific investment in the context of CoPS. The feature of CoPS decides that the study of co-creation cannot execute without regarding asset specificity. This study considers that value co-creation will be associated with specific value, which is outcome of relationship value and asset specificity. Supplier and customer have a close relation, which conducts to specific investment and then it turns to obstacle for competitors. Trust, commitment and satisfaction are involved in the process of value co-creation and the process of value co-creation leads to relationship expansion.
Keywords:
Value co-creation, specific value, trust, commitment, satisfaction,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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