Value co-creation through actor embeddedness and actor engagement

Abstract

Purpose

It is argued that the service-dominant (S-D) view of the value co-creation concept is mainly of a macro nature and is difficult to examine empirically. In this regard, marketing research using the micro-foundation theory proposes some conceptual models, through which relationships (involving value co-creation) at a micro/meso level may be studied. The purpose of this paper is to add to such exchanges regarding value co-creation and conceptualize the link of embeddedness of an actor (in a service-ecosystem) to their engagement in the value co-creation process.

Design/methodology/approach

The authors draw on the S-D logic and the value co-creation concept and make propositions with regard to two micro-foundational concepts: actor engagement and actor embeddedness.

Findings

The authors show that actor embeddedness can be considered as an antecedent of actor engagement, which leads to value co-creation at a macro level and perceived value in context at the micro level.

Originality/value

The authors fill some gaps in literature with regard to S-D logic and value co-creation by combining two micro-foundational concepts: actor engagement and actor embeddedness and propose how through these, some macro-level outcomes such as value co-creation and resource integration may be determined.

Citation

Wajid, A., Raziq, M.M., Malik, O.F., Malik, S.A. and Khurshid, N. (2019), "Value co-creation through actor embeddedness and actor engagement", Marketing Intelligence & Planning, Vol. 37 No. 3, pp. 271-283. https://doi.org/10.1108/MIP-07-2018-0241