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Investigating social factors and their impact on value co-creation in supply chain ecosystems

Franziska Goetz (Chair for International Management, University of Bayreuth, Bayreuth, Germany)
Ismail Türkmen (Chair for International Management, University of Bayreuth, Bayreuth, Germany)
Christoph Buck (School of Business and Economics, Philipps-Universitat Marburg, Marburg, Germany)
Reinhard Meckl (Chair for International Management, University of Bayreuth, Bayreuth, Germany)

Journal of Global Operations and Strategic Sourcing

ISSN: 2398-5364

Article publication date: 1 April 2022

Issue publication date: 7 March 2023

578

Abstract

Purpose

As coopetition often characterizes relationships in ecosystems, social factors are particularly important to ensure resilient and reliable relationships, therefore efficient collaboration, and a corresponding outcome. Social factors have so far only been considered as peripheral factors in the ecosystem literature. Thus, this study aims to analyse the current state of literature to provide initial insights into the impact of social factors on value co-creation in supply chain ecosystems.

Design/methodology/approach

A structured literature review was conducted. Eleven articles were identified which explicitly examined social factors in the context of supply chain ecosystems.

Findings

The findings showed that in current research contributions, especially three social factors are considered crucial for value co-creation within supply chain ecosystems: trust, commitment and mindset. Moreover, researchers focus so far only on positive-affected social factors.

Research limitations/implications

The findings enable ecosystem orchestrators as well as actors to strengthen social factors in supply chain ecosystems. The cultivation and proactive consideration of social factors is crucial for efficient and effective collaboration and has a corollary effect on supply chain ecosystems value co-creation.

Originality/value

This paper extends the limited literature on social factors within supply chain ecosystems, notably from a strategic management perspective. The findings help scholars to understand why social factors do play a crucial role regarding the value co-creation in supply chain ecosystem and how specific social factors influence the overall business outcome. By raising awareness of the importance of social factors for all ecosystem actors, complementary cooperation in the ecosystem improves, which in turn has a positive impact on value co-creation.

Keywords

Citation

Goetz, F., Türkmen, I., Buck, C. and Meckl, R. (2023), "Investigating social factors and their impact on value co-creation in supply chain ecosystems", Journal of Global Operations and Strategic Sourcing, Vol. 16 No. 1, pp. 69-89. https://doi.org/10.1108/JGOSS-03-2021-0025

Publisher

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Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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