Table 5.
Positive effects of co-creation.
| Value for the consumer | Authors |
|---|---|
| Consumer empowerment, self-determination, and self-efficacy | Zimmerman and Warschausky, 1998; Cova and Pace, 2006; Cova and Dalli, 2009; Füller et al., 2009 |
| Consumer engagement, access to social inter-relationships | Payne et al., 2008; Brodie et al., 2013; Jaakkola and Alexander, 2014 |
| Consumer satisfaction | Grönroos, 2008; Bowden, 2009; Vega-Vazquez et al., 2013 |
| Consumer learning | Payne et al., 2008 |
| Creative thinking | Füller et al., 2009; Ramaswamy and Gouillart, 2010 |
| Personalized co-creation experiences | Prahalad and Ramaswamy, 2004 |
| Value for the Company | Authors |
| Consumer trust | Casalo et al., 2007; Hollebeek, 2011; Brodie et al., 2013 |
| Consumer commitment | Chan and Li, 2010 |
| Consumer loyalty | Andersen, 2005; Auh et al., 2007; Casalo et al., 2007; Schouten et al., 2007 |
| Cost effectiveness and risk reduction | Ramaswamy and Gouillart, 2010 |
| Differentiation | Prahalad and Ramaswamy, 2004 |
| Consumer brand loyalty | Kim and Slotegraaf, 2015; Luo et al., 2015 |