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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Bibliographic Details
Main Authors: Marco Mandolfo, Shan Chen, Giuliano Noci
Format: Article
Language:English
Published: SAGE Publishing 2020-03-01
Series:International Journal of Engineering Business Management
Online Access:https://doi.org/10.1177/1847979020913764
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spelling 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
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AT giulianonoci cocreationinnewproductdevelopmentwhichdriversofconsumerparticipation
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