HOW TO MOTIVATE AND REWARD CUSTOMERS IN AN O NLINE CO-CREATION PROCESS?
Maria Antikainen and
Marketta Niemelä
Chapter 14 in Open Innovation: A Multifaceted Perspective:(In 2 Parts), 2016, pp 347-372 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
Co-creation online is a great opportunity for companies seeking external innovation resource from their customers. Although social media have made co-creation easy, cost-efficient and fun, volunteer users need to be motivated by the company to participate in the co-creation process. This chapter provides a review of users' motivations and, in particular, how users can be motivated and rewarded for their contribution to co-creation. As an example of co-creation with customers, two cocreation cases are presented. First one concerns co-creation of a sustainable shopping centre with customers and the second one presents a case related to co-creation of local food products and services. In this chapter, also key elements for a solid rewarding strategy are presented.
Keywords: Open Innovation; Innovation Management; Innovation Economics; Crowdsourcing; Living Labs; Ecosystems; Skills and Competencies; Quadruple Helex Model; Communities of Practice; Strategy; Open Data; Multidisciplinary (search for similar items in EconPapers)
Date: 2016
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