Business Model Innovation, Value co-creation, Special Purpose Organisations, Competitiveness, Collaboration.

Bernadette Best, Kristel Miller, Rodney McAdam

Research output: Contribution to journalArticle

Abstract

Delivering public services with an emphasis on adding value under increasing environmental pressures and diminishing state funding has led to an increased focus on Social Purpose Organisations (SPOs). To be sustainable, SPOs are innovating their traditional business models to that of more collaborative models, extending the potential for increased value through social and economic value co-creation (VCC) with multiple stakeholders. However, there is limited understanding of the antecedents, challenges and moderators of VCC experienced by SPOs when innovating their business models. Therefore, the aim of this paper is to explore how networked SPOs engage in business model innovation to co-create social and economic value. An exploratory interpretivist methodology was adopted using seven networked UK SPOs delivering public service contracts, using interviews, focus groups and archival data. The findings identify particular antecedents, challenges and moderators of value at the micro, meso, and macro levels, for the networked SPO, beyond the more traditional dyadic setting.
Original languageEnglish
Pages (from-to)1-42
Number of pages42
JournalResearch Policy
Publication statusSubmitted - 15 May 2019
Externally publishedYes

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    Best, B., Miller, K., & McAdam, R. (2019). Business Model Innovation, Value co-creation, Special Purpose Organisations, Competitiveness, Collaboration.. Manuscript submitted for publication