The Overlap of Open Innovation and Experience Co-Creation

Monday, February 8th, 2010 by Volker Bilgram Mail to a friend

In my post on „The Value of Co-Creation“ I pointed out a couple of value dimensions beyond the innovation-related benefits, for instance, the effect co-creation initiatives have on employer branding. Following up my observations I took a closer look at two major underlying domains: new product development and experience marketing. Both fields have started to opened up towards consumers and have become more interactive and compelling particularly in virtual environments. Two terms have been coined for the open approaches: open innovation and experience co-creation.

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