2021
DOI: 10.1016/j.technovation.2021.102268
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Addressing societal challenges through the simultaneous generation of social and business values: A conceptual framework for science-based co-creation

Abstract: The paper focuses on a key uniqueness of the simultaneous generation of social and business value -across science, technology and society -involving academics, businesses, policy makers, innovation intermediaries, NGOs and citizens that share and integrate assets in developing solutions to address economic and societal challenges.By contrasting with a broad literature using the term 'co-creation' to denote close working relationship between actors, the paper outlines a conceptual framework explaining how the d… Show more

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Cited by 39 publications
(20 citation statements)
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“…All these instruments form a basis for satisfying the needs of information based STI policy which was reviewed by Morlacchi and Martin ( 2009 ) in their seminal work and which also led to the emergence of innovation studies (Fagerberg, Verspagen, 2009 ). The analysis of field-specific highly cited publications allowed to draw a spectacular evolutionary panorama of science policy and innovation studies (De Silva et al, 2021 ; Gokhberg & Meissner, 2016 ; Martin, 2012 ).…”
Section: Literature Reviewmentioning
confidence: 99%
“…All these instruments form a basis for satisfying the needs of information based STI policy which was reviewed by Morlacchi and Martin ( 2009 ) in their seminal work and which also led to the emergence of innovation studies (Fagerberg, Verspagen, 2009 ). The analysis of field-specific highly cited publications allowed to draw a spectacular evolutionary panorama of science policy and innovation studies (De Silva et al, 2021 ; Gokhberg & Meissner, 2016 ; Martin, 2012 ).…”
Section: Literature Reviewmentioning
confidence: 99%
“…In this study, we propose a conceptual framework to explain the spontaneous incentive structure of citizens, similar to the one suggested by Reijula and Hertwig (2020). The dual perspective of policymakers and citizens should be central to the collaboration between citizens, policies and bureaus to enhance the effectiveness of social policies, where the scope and type of value generated and the social value are essential (De Silva et al. , 2021).…”
Section: Discussionmentioning
confidence: 99%
“…Another important difference between knowledge exchange and co-creation is that in co-creation the collaboration also involves partnerships in objective-setting and exploration while exchanges focus more on the latter stages of innovation. Co-creation is also closely associated to the notion of "open science", the approach to make the scientific process more inclusive for all relevant actors through the use of digital technologies and new collaborative tools (Dai, Shin and Smith, 2018 [4]; OECD, 2015 [5]) Co-creation initiatives -such as those that were gathered in the OECD-TIP project on cocreation (see Table 1) often share a number of characteristics which include the following:…”
Section: Knowledge Co-creation Is Distinct From Knowledge Exchangementioning
confidence: 99%