Co-creation in new product development: Which drivers of consumer participation?
The present study investigates co-creation in new product development by providing a conceptual background in the psychological factors favoring consumer participation in company processes. The work explores the consumers’ profiles willing to participate in co-creation, through the identification of...
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Series: | International Journal of Engineering Business Management |
Online Access: | https://doi.org/10.1177/1847979020913764 |
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doaj-b43c31db28244b40b8deaa796ac7fe3e2021-04-02T12:40:42ZengSAGE PublishingInternational Journal of Engineering Business Management1847-97902020-03-011210.1177/1847979020913764Co-creation in new product development: Which drivers of consumer participation?Marco MandolfoShan ChenGiuliano NociThe present study investigates co-creation in new product development by providing a conceptual background in the psychological factors favoring consumer participation in company processes. The work explores the consumers’ profiles willing to participate in co-creation, through the identification of their personality traits, key motivations, and barriers. Two product typologies are investigated, namely high-tech and high-touch products through survey research on a sample of Italian consumers. Results from structural equation modeling show that consumers’ personality traits affect the perceived motivations and barriers to co-create, in turn shaping their willingness to co-create. Furthermore, consumer willingness to co-create varies depending on the product typology. Under a managerial viewpoint, the research study provides practitioners with keys to design targeted co-creation activities, fitting with the specific product typology and audience, and to devise the most suitable participation incentives to offer.https://doi.org/10.1177/1847979020913764 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Marco Mandolfo Shan Chen Giuliano Noci |
spellingShingle |
Marco Mandolfo Shan Chen Giuliano Noci Co-creation in new product development: Which drivers of consumer participation? International Journal of Engineering Business Management |
author_facet |
Marco Mandolfo Shan Chen Giuliano Noci |
author_sort |
Marco Mandolfo |
title |
Co-creation in new product development: Which drivers of consumer participation? |
title_short |
Co-creation in new product development: Which drivers of consumer participation? |
title_full |
Co-creation in new product development: Which drivers of consumer participation? |
title_fullStr |
Co-creation in new product development: Which drivers of consumer participation? |
title_full_unstemmed |
Co-creation in new product development: Which drivers of consumer participation? |
title_sort |
co-creation in new product development: which drivers of consumer participation? |
publisher |
SAGE Publishing |
series |
International Journal of Engineering Business Management |
issn |
1847-9790 |
publishDate |
2020-03-01 |
description |
The present study investigates co-creation in new product development by providing a conceptual background in the psychological factors favoring consumer participation in company processes. The work explores the consumers’ profiles willing to participate in co-creation, through the identification of their personality traits, key motivations, and barriers. Two product typologies are investigated, namely high-tech and high-touch products through survey research on a sample of Italian consumers. Results from structural equation modeling show that consumers’ personality traits affect the perceived motivations and barriers to co-create, in turn shaping their willingness to co-create. Furthermore, consumer willingness to co-create varies depending on the product typology. Under a managerial viewpoint, the research study provides practitioners with keys to design targeted co-creation activities, fitting with the specific product typology and audience, and to devise the most suitable participation incentives to offer. |
url |
https://doi.org/10.1177/1847979020913764 |
work_keys_str_mv |
AT marcomandolfo cocreationinnewproductdevelopmentwhichdriversofconsumerparticipation AT shanchen cocreationinnewproductdevelopmentwhichdriversofconsumerparticipation AT giulianonoci cocreationinnewproductdevelopmentwhichdriversofconsumerparticipation |
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