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Journal ArticleDOI

On value and value co-creation: A service systems and service logic perspective

TLDR
The authors argue that value is fundamentally derived and determined in use -the integration and application of resources in a specific context, rather than in exchange, embedded in firm output and captured by price.
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This article is published in European Management Journal.The article was published on 2008-06-01. It has received 2861 citations till now. The article focuses on the topics: Service system & Service design.

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Digitalization Capabilities as Enablers of Value Co-Creation in Servitizing Firms

TL;DR: In this article, a servitization strategy for manufacturing companies is presented, where they are increasingly relying on developing digitalization capabilities to interact and co-create value with their customers.
Journal ArticleDOI

Customer dominant value formation in service

TL;DR: In this paper, the focus is shifted from the company's service processes involving the customer, to the customer's multi-contextual value formation, involving the company, and it is proposed that value is not always an active process of creation; instead, value is embedded and formed in the highly dynamic and multiscale reality and life of the customer.
Journal ArticleDOI

Co-creation of tourist experiences: a literature review

TL;DR: In this paper, a review of the literature concerning co-creation of tourism experiences is presented, highlighting the importance of active participation and interaction among tourists in the process of creating tourism experiences.
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Assessing value-in-use: A conceptual framework and exploratory study

TL;DR: In this paper, a conceptual framework for assessing value-in-use is proposed and explored within the context of a maintenance service provider in contrast to value models in previous empirical research, the framework includes assessment not just of provider attributes but also of the customer's usage processes, as well as customer evaluations of the value in use they obtain.
References
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Journal ArticleDOI

Evolving to a New Dominant Logic for Marketing

TL;DR: The authors argue that service provision rather than goods is fundamental to economic exchange and argue that the new perspectives are converging to form a new dominant logic for marketing, one in which service provision is fundamental for economic exchange.
Book

Principles of Economics

TL;DR: In this article, the authors present a survey of the general relations of demand, supply, and value in terms of land, labour, capital, and industrial organization, with an emphasis on the fertility of land.
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Service-dominant logic: continuing the evolution

TL;DR: This article highlights and clarifies the salient issues associated with S-D logic and updates the original foundational premises (FPs) and adds an FP.
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Principles of Economics.

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Problems and strategies in services marketing

TL;DR: In this paper, the authors compare problems and strategies cited in the services marketing literature with those reported by actual service suppliers in a study conducted by the authors, and discuss the problems of service marketing.
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