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This study aims to analyse value co-creation in innovative firms within innovation environments (IEs) in the south region of Brazil from a processual and dynamic perspective, including its antecedents, initiatives and its outcomes in the multiple facets of the firms’ performance.Design/methodology/approachA qualitative and quantitative multi-method study was carried out with the management and support teams of these IEs, as well as with a sample of 91 companies installed.FindingsThe results helped clarify the value co-creation process in IEs of an emerging economy, suggesting under which conditions and how value co-creation practices are performed and its significant role in specific performance dimensions of companies.Research limitations/implicationsThe study contributes to companies and IEs within emerging economies to prioritize practices related to the co-creation of value to enhance their results.Originality/valueIn emerging countries, IEs struggle to apply their scarce resources to the development of hosted firms. Having value co-creation as a concept that presupposes the involvement of the beneficiary and other actors to improve the companies’ value proposition, its practice may constitute a valuable ally in this effort. However, the dynamics of value co-creation in such environments, its antecedents and specific outcomes are still unclear.
Journal of Research in Marketing and Entrepreneurship – Emerald Publishing
Published: Jan 6, 2023
Keywords: Value co-creation; Innovation environments; Performance; Multimethod study
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