期刊
JOURNAL OF BUSINESS RESEARCH
卷 141, 期 -, 页码 475-494出版社
ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2021.11.043
关键词
Business model innovation; Value co-creation; Special purpose organisations; Value networks; Context; Stakeholder collaboration
类别
资金
- British Academy/Leverhulme Grant Award
This paper investigates how social purpose organisations innovate their business models through value networks and provides new insights into the antecedents and mechanisms of value co-creation (VCC). The study shows that SPOs embed VCC within their business models through participation in value networks, and achieve consistency across micro, meso, and macro levels of context.
To be sustainable, social purpose organisations (SPOs) are increasingly engaging in value networks. This enables them to improve service delivery through social and economic value co-creation (VCC). However, operating within a value network will require SPOs to innovate their business models. This is a complex activity due to their distinctive governance structures and funding arrangements and the need to align value processes across a multiplicity of stakeholders. This paper advances knowledge by exploring how SPOs innovate their business models to engage in VCC through a value-network. By analysing three SPO value networks, we provide new insights into the antecedents and mechanisms of VCC which span the micro, meso, and macro levels of context. We also illustrate the factors which underpin SPOs ability to embed VCC within their business models through operating in a value network.
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