An asymmetry analysis method to support value co-creation in product/service design

Shunichiro Abe*, Yusuke Tsutsui, Yuya Mitake, Mar'atus Sholihah, Noriyoshi Hara, Yoshiki Shimomura

*Corresponding author for this work

Research output: Contribution to journalConference articlepeer-review

1 Citation (Scopus)

Abstract

Product commoditisation and price competition have increased the necessity for value co-creation, which is when stakeholders whose value is unclear clarify their value of a product/service though interaction. In value co-creation, stakeholders perceive value through finding both the purpose and the usage of a product/service based on recognition of that product/service. Therefore, to realise value co-creation, it is important that a stakeholder grasps other stakeholders’ cognitive information about a product/service and clarifies the value of the product/service based on that information. However, latent and diverse cognitive information can create information asymmetry between stakeholders, which hinders the success of value co-creation. Against this background, this study aims to support value co-creation in product/service design. This paper proposes a method for grasping the asymmetry of the cognitive information about a product/service between stakeholders by describing and comparing that information. In addition, by applying the proposed method to a point-of-sale service, it confirms that the proposed method can describe the cognitive information of stakeholders to allow a better understanding of the asymmetry that is present in value co-creation.

Original languageEnglish
Pages (from-to)442-446
Number of pages5
JournalProcedia CIRP
Volume84
DOIs
Publication statusPublished - 2019
Externally publishedYes
Event29th CIRP Design Conference, CIRP Design 2019 - Povoa de Varzim, Portugal
Duration: 8 May 201910 May 2019

Keywords

  • Asymmetry analysis
  • Information modelling
  • Product/service design
  • Value co-creation

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