Co-creation of value in Open Innovation: Does coopetion matter?

Concepts such as co-creation of value as well as open innovation have emerged in recent years as paradigms in management, on one hand, and innovation, on the other. The first focuses on the creation and appropriation of value on the part of business companies and their partners and considers an individual perspective; the second concerns knowledge transfer between the firm and third parties to support innovation activities. Accordingly, the paper aims to identify the conditions under which open innovation leads to value co-creation, as intended above, and which coopetition settings could eventually emerge co-creating value through OI coupled processes. Both questions have been neglected in previous studies but are equally important in supporting innovation processes and in creating better conditions to properly implement value co-creation.