TY - JOUR AB - Purpose The concept design-driven innovation focuses on innovating product meanings. It has been studied from a variety of perspectives and contexts since the early 2000s. However, a complete overview of the literature published in this area is currently missing. The purpose of this study is to provide a comprehensive understanding of how design-driven innovation contributes to value creation in product development.Design/methodology/approach In this systematic literature review, 57 papers and book chapters that cover design-driven innovation were identified and analyzed. An iterative coding process was followed to derive five facets of design-driven innovation that contribute to value creation.Findings Design-driven innovation creates value by focusing on the intangible values of products. The following five facets of design-driven innovation that contribute to value creation were identified: development of new product meanings, knowledge generation, actors and collaborations, capabilities and process. These facets and their interrelations are presented in a theoretical framework.Practical implications The main practical implication of this study is that it is now clear that the five facets of design-driven innovation are interrelated and reinforce each other. Therefore, companies need to approach design-driven innovation from a holistic perspective.Originality/value This paper contributes to theory by presenting the theoretical framework that provides an overview of available knowledge and that creates a context for future research. VL - 31 IS - 1 SN - 0955-534X DO - 10.1108/EBR-09-2017-0160 UR - https://doi.org/10.1108/EBR-09-2017-0160 AU - De Goey Heleen AU - Hilletofth Per AU - Eriksson Lars PY - 2019 Y1 - 2019/01/01 TI - Design-driven innovation: a systematic literature review T2 - European Business Review PB - Emerald Publishing Limited SP - 92 EP - 114 Y2 - 2024/04/24 ER -