BUSINESS DEVELOPMENT THROUGH INNOVATION AND CO-CREATION
Pages: 339-346 Published: 28 Aug 2016
Views: 1,795 Downloads: 520
Abstract: The aim of this paper is to analyze the tight relationship between innovations and co-creation and their contribution for sustainable development of businesses in a competitive global environment. The analysis provides a literature review of the main principles of innovations, innovation management and co-creation. In addition, the paper highlights the necessity for transformation of business practices towards sustainability through implementing innovations. The role of co-creation is discussed in light of the process of developing customer value and improving overall business performance.
Keywords: sustainability, innovations, co-creation, business transformation
Cite this article: Julia Dobreva. BUSINESS DEVELOPMENT THROUGH INNOVATION AND CO-CREATION. Journal of International Scientific Publications: Economy & Business 10, 339-346 (2016). https://www.scientific-publications.net/en/article/1001245/