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What is Value in Cultural Context

Chapter 2
Emerging Ecosystem-Centric Business Models for Sustainable Value Creation
Value-creating practices in the market influenced by surrounding cultural norms and the symbolic resources form the cultural context of value.
Published in Chapter:
Customer-Centered Antecedents of a Value Co-Creation Ecosystem: Integrating Psychological, Social, and Cultural Processes
Sumit Saxena (Indian Institute of Technology, Ropar, India) and Amritesh (Indian Institute of Technology, Ropar, India)
Copyright: © 2022 |Pages: 31
DOI: 10.4018/978-1-7998-4843-1.ch002
Abstract
Considering the call for understanding the broader social and cultural context of value co-creation within emerging multilevel co-creative service systems, this research aims to explore the social and cultural processes along with psychological processes in terms of their influence on resource integration. It primarily adopts the customer perspective of resource integration. First, an integrative structure is developed and then the identified antecedents are positioned under relevant category proposing the multi-perspective VCC antecedent' framework. Further, the extant knowledge about VCC antecedents is used to set the agenda for future research. The study is based on an in-depth review of 85 key articles carefully extracted from a broad set of 1100 papers on VCC within the Scopus database. This review work provides a clear state of the art of VCC antecedents and has a direct implication for managers involved in designing the co-creation strategies for their customers.
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