Processes of value co-creation in networks: An empirical study of local business networks in Denmark

Research output: Contribution to journalJournal articlepeer-review

Abstract

Purpose: There is no agreement in the network literature about how participating in networks is of value. This article aims to explore the underlying dynamics that form and support the process of value co-creation in networks. Design/methodology/approach: The article draws together symbolic interactionism and organizational ethnography to outline a research approach illustrating how participation in networks becomes valuable. The empirical data were collected through fieldwork over two in two local business networks in Denmark. Findings: The case study illustrates how participants in local business networks struggle to make participation valuable. The article shows how networks can be considered joint spheres for value co-creation. Three main arguments supporting value in networks stands out from the research: (1) Leadership as a collective achievement supports processes of value co-creation; (2) Develop a shared but dynamic focus and (3) Participation is valuable when supporting participants' daily worklife. Originality/value: The article builds up a creative analytical framework based on symbolic interactionism making an important contribution about how participants experience value in networks.

Original languageEnglish
JournalJournal of Organizational Ethnography
Volume10
Issue number2
Pages (from-to)123-140
Number of pages18
ISSN2046-6749
DOIs
Publication statusPublished - 29 Jun 2021

Keywords

  • Network
  • Symbolic interactionism
  • value co-creation
  • Local business development
  • Value co-creation

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